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

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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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Thought Leadership

The benefits of ERP in procurement

What are the benefits of using an ERP for procurement? Increased efficiency and cost savingsAutomated workflows reduce manual data entry, eliminate process redundancies, and free up procurement teams to focus on strategic initiatives. This leads to quicker procurement cycles and lower operational costs. Stronger financial controls and complianceAn ERP enforces approval hierarchies, budget controls, and […]

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Thought Leadership

How carbon literate are you?

In today’s climate conscious world, understanding your carbon footprint isn’t just a nice-to-have, it’s a business imperative. Yet, many professionals still lack a clear understanding of what carbon literacy really means and how it applies to their role, particularly in procurement. So, how carbon literate are you? Understanding carbon literacy Carbon literacy is about more […]

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Thought Leadership

What to look for in procurement consulting providers

In an increasingly complex and competitive landscape, procurement has evolved from a back-office function to a strategic driver of business performance. Whether you’re aiming to optimise costs, enhance supply chain resilience, embed sustainability, or harness digital tools, working with the right procurement consulting provider can make all the difference. But with countless firms offering similar-sounding […]

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