Company news, industry insights, and thought leadership
on the Procurement sector and beyond.
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 […]
Read moreSustainability 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 […]
Read moreIn 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, […]
Read moreIn 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 […]
Read moreRetailers 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 […]
Read moreProcurement 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 […]
Read moreNegotiating 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 […]
Read moreWhat 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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