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

Thought Leadership

What is blockchain and how can procurement consultants use it to their advantage?

Digitalisation continues to reshape procurement processes, with new technologies being used by procurement teams to streamline workflows, reduce errors, and provide actionable insights. Digital procurement transformation is allowing procurement professionals to focus on strategic initiatives rather than administrative tasks.  One of the technologies adopted by procurement teams is blockchain, which procurement professionals use for transparency […]

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Thought Leadership

Procurement trend predictions for 2025

Procurement is evolving rapidly, driven by technological advancements, global market dynamics, and the growing emphasis on sustainability. As we head into 2025, staying ahead of these trends is essential for procurement professionals looking to deliver value and innovation. At Accelerate, we make it our mission to stay ahead of trends in the industry so we […]

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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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