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

Thought Leadership

Challenges in ethical procurement: ethical sourcing and fair trade

Ethical sourcing and fair trade are increasingly becoming central to procurement strategies in the UK. As consumers, businesses, and governments prioritise sustainability and social responsibility, procurement professionals face growing pressure to ensure their supply chains reflect these values. Ethical sourcing is no longer optional- it is a fundamental aspect of modern procurement. Why ethical sourcing […]

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Thought Leadership

Will AI replace procurement teams?

With advancements in artificial intelligence (AI) and automation transforming industries, procurement professionals are frequently facing a pressing question: will AI make their roles obsolete? The short answer is no. While AI is revolutionising procurement with tools that enhance efficiency and provide valuable insights, the industry remains deeply rooted in people-centric processes and relationships. The ‘P’ […]

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Thought Leadership

Overcoming common procurement challenges in the UK with consultancy

Procurement in the UK is a complex and dynamic field, influenced by economic fluctuations, regulatory changes, and the evolving needs of organisations. These challenges often demand tailored solutions, which is where procurement consultancy can play a transformative role. By addressing inefficiencies and identifying opportunities, consultancy services help organisations navigate obstacles and achieve strategic goals. Key […]

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Thought Leadership

Cost management in fast-moving consumer goods: Procurement best practices

The fast-moving consumer goods (FMCG) sector thrives on high-volume, low-margin products. Effective cost management in procurement is essential to maintain profitability and competitiveness in this fast-paced industry. Strategic procurement practices can unlock significant savings, streamline operations, and create resilience against market fluctuations. Understanding FMCG cost drivers The FMCG industry faces constant pressure from rising raw […]

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Thought Leadership

How to optimise Business Process Outsourcing (BPO) contracts

Optimising Business Process Outsourcing (BPO) contracts can significantly enhance a company’s efficiency and cost-effectiveness. However, to reap these benefits, it’s essential to structure and manage BPO agreements in a way that aligns with business goals. At Accelerate, our procurement consultants have years of experience within the BPO sector, helping organisations to navigate the complexities efficiently […]

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Thought Leadership

Navigating procurement challenges in pharmaceuticals: a comprehensive guide

Procurement in the pharmaceutical industry is a highly complex process, involving stringent regulations, intricate supply chains, and the need to balance cost efficiency with ensuring product quality and patient safety. As the demand for innovative medicines and treatments grows, procurement professionals in this sector face unique challenges that require specialised approaches. At Accelerate, our team […]

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Thought Leadership

International Men’s Day: Positive Male Role Models

19th November is International Men’s Day (IMD), an event celebrated globally in approximately 80 countries each year. International Men’s Day celebrates worldwide the positive value men bring to the world, their families and communities. The aim of IMD is to highlight positive role models and raise awareness of men’s well-being. The theme for IMD 2024 […]

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Pharmaceuticals and Life Sciences

Maximising value in M&A: the role of procurement in strategic acquisitions

Mergers and acquisitions (M&A) are major events in the life of any business, often seen as an opportunity to drive growth, expand market reach, and improve financial performance. However, the complexity of integrating two companies successfully requires more than just financial and legal alignment. Procurement plays a vital role in ensuring that value is maximised […]

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