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

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

What is sustainable procurement?

Now more than ever, consumers and investors alike are evaluating how companies behave on environmental, social and governance (ESG) issues. Consumers increasingly want the goods and services they purchase and companies they do business with to be taking visible and accountable steps to reduce the negative impacts of their operations and contribute positively to society. […]

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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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Thought Leadership

Environmental, Social, Governance (ESG): Doing Our Bit

With Environmental, Social, Governance (ESG) on all our radars as we work together to achieve Net Zero, we talk about how SMEs and large companies can do their bit. We will also discuss what we have seen happen across global business in relation to Scope 3 – supply chain emissions – and what corporations of […]

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Thought Leadership

How to start a supplier diversity programme

In the past, we’ve talked about the benefits of supplier diversity. Supplier diversity can be one of the most effective ways to drive real business value, beyond just procurement. As more companies take steps to increase diversity on executive teams, it’s becoming clear that there is a relationship between diversity and improved financial performance. Research by […]

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