Insights

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

Thought Leadership

Cost-efficiency in HR: procurement tactics for budget optimisation 

HR teams are under growing pressure to deliver value while controlling spend, especially in today’s rapidly evolving world of hybrid work, digital transformation, and talent shortages. From recruitment tech to employee benefits, HR functions are rich with procurement opportunities. Yet, HR spend can be overlooked when it comes to strategic sourcing.  At Accelerate, we believe […]

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Thought Leadership

What is Contract Lifecycle Management? 

Contracts are more than just legal paperwork- they’re a critical tool for managing risk, controlling costs, and driving performance. Yet many organisations still struggle with fragmented, manual contract processes that result in missed renewals, compliance issues, and lost value.  Contract Lifecycle Management (CLM) is the solution. But what exactly is CLM, and why should procurement […]

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Thought Leadership

How to improve sustainability performance through your supply chain

Sustainability has become a defining issue for businesses, and supply chains are at the heart of the challenge. As regulators, investors, customers, and employees place increasing emphasis on environmental and social performance, procurement and supply chain leaders have a critical role to play in driving real change.  But improving sustainability isn’t just about meeting regulatory […]

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Uncategorised

Cost control and optimisation: procurement tactics for financial services 

In an increasingly competitive and regulated market, financial services firms are under pressure to reduce costs while maintaining high levels of service, compliance, and innovation. But traditional cost cutting alone isn’t enough. Strategic procurement offers a powerful (and often underutilised) lever for driving efficiency and value.  Here’s how procurement leaders in areas such as banking, […]

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Thought Leadership

Strategic sourcing in the manufacturing sector: best practices

In the manufacturing sector, where margins are tight and supply chains are complex, strategic sourcing is more than just a procurement process, it’s a competitive advantage. When done right, it drives cost efficiency, strengthens supply resilience, and unlocks long term value across the business.  At Accelerate, we’ve helped manufacturers of all sizes transform their sourcing […]

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Thought Leadership

Why retailers can’t afford to ignore supplier visibility

Retailers today are no strangers to disruption. From global pandemics and port blockages to political instability and climate-related challenges, the past few years have laid bare the fragility of supply chains. In this unpredictable environment, one lesson is clearer than ever: visibility is no longer a luxury, it’s a necessity. The COVID-19 pandemic acted as […]

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Thought Leadership

The importance of procurement to SMEs

Procurement is often associated with large corporations managing complex supply chains and multimillion-pound contracts. However, the importance of procurement for small and medium-sized enterprises (SMEs) should not be underestimated. In fact, effective procurement can be a critical driver of efficiency, competitiveness, and long term sustainability for SMEs. Strategic procurement: more than just buying For many […]

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Thought Leadership

How to negotiate supplier contracts

Negotiating supplier contracts is a core skill for any procurement professional, directly impacting cost savings, risk management, and long-term supplier performance. Yet, effective negotiation is not about driving prices down at all costs, it’s about building value on both sides. A well-negotiated contract fosters transparency, trust, and sustainable partnerships. Here’s our step-by-step guide to negotiating […]

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If you’re ready to take your business to the next level, get in touch with Accelerate today for a friendly chat.