Insights

Company news, industry insights, and thought leadership
on the Procurement sector and beyond.

Thought Leadership

Measuring ROI in Procurement Consultancy: Key Metrics for UK Businesses

In today’s rapidly changing business landscape, effective procurement is essential for ensuring cost savings, operational efficiency, and strategic growth. Procurement consultancy services have become increasingly popular among UK businesses looking to optimise their procurement processes, enhance supplier relationships, and drive bottom-line results. However, the question that often arises is: how can businesses accurately measure the […]

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Thought Leadership

Navigating Supply Chain Challenges in the Retail Sector During the Christmas Season

A Procurement Perspective With Christmas just around the corner, it’s a good time to explore the unique challenges that UK retailers face in procuring goods during the holiday season. Christmas is a time of joy and celebration for most of us, but for the UK retail sector it also brings a myriad of challenges from […]

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Thought Leadership

The Role of Procurement Consultancy in Optimising Supply Chains in the UK

Supply chains are a crucial part of procurement, ensuring the seamless flow of goods and services from suppliers to customers. In today’s globalised and increasingly complex business landscape, optimising supply chains has become a critical factor for staying ahead of the competition and achieving business success. Procurement consultancy can play a pivotal role in helping […]

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Thought Leadership

Competitive Advantage Through Strategic Procurement in UK Retail

It is well-documented that UK retailers are currently facing a multitude of challenges, from changing consumer preferences to economic uncertainties. With e-commerce gaining increasing prominence, competition is fiercer than ever, and retailers must differentiate themselves not only through marketing and product offerings but also through operational excellence. Strategic procurement is a key component of this […]

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Thought Leadership

Why the spotlight is now on procurement in the Financial Services sector

The Financial sector is made up of organisations that provide financial services to commercial and retail customers.  The sector comprises a range of industries including Banking, Insurance, Investments, Accountancy and Real Estate organisations.  Whilst the sector has recently seen profitability boosted by increases in interest rates, organisations still face considerable challenges through 2023 and beyond. […]

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Thought Leadership

How can AI help in procurement?

In today’s economic landscape, organisations are having to strive harder than ever to optimise costs, streamline operations, and enhance supplier relationships. Efficient procurement management has become an essential component of success. Artificial Intelligence (AI) is increasingly proving to be a game-changer in the world of procurement. By leveraging AI-powered tools and algorithms, companies can revolutionise […]

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Thought Leadership

The benefits of having a diverse supplier base

At Accelerate, our aim is always to help businesses embrace diversity of thought to help unlock their full potential. We believe that there are many benefits that come with embracing diversity: smarter ideas and solutions created by people from different backgrounds and experiences. Nurturing a diverse supplier base should be an intrinsic part of procurement […]

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Thought Leadership

Strategic supplier relationships in FMCG

What should FMCG companies look for in a strategic supplier relationship? Strategic relationships and partnerships are critical to every organisation and can deliver incredible results – superior operational performance, supply chain assurance, innovation, faster time to market, product quality and improved financial performance. Increasingly, fast-moving consumer goods (FMCG) brands see their suppliers not simply as […]

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