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

Thought Leadership

Sustainable procurement in finance: balancing profit and purpose

Sustainability is no longer just a buzzword in the corporate world, it is a critical factor influencing procurement strategies across all industries, including finance. As regulatory pressures increase and stakeholders and consumers demand greater accountability, financial institutions must rethink their procurement practices to balance profitability with environmental and social responsibility. The growing importance of sustainable […]

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Thought Leadership

How procurement and recruitment go hand in hand

Procurement is an essential function within any organisation that spends money with suppliers as it is responsible for securing the right goods and services at the best value. However, what often gets overlooked is the critical role that recruitment plays in ensuring a strong procurement function. Without the right people in place, even the most […]

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Thought Leadership

How can we attract new talent to procurement?

Attracting and retaining top talent is a challenge across many industries, but procurement faces a unique set of difficulties. Often misunderstood as a purely administrative function, procurement is actually a dynamic and strategic discipline that plays a critical role in business success. However, outdated perceptions, a shortage of skilled professionals, and increasing competition from other […]

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Thought Leadership

Sourcing success: procurement insights for retailers

We’ve talked in the past about how UK retailers are facing a multitude of challenges. The combined pressures of economic challenges, evolving consumer behaviour, and heightened awareness of social and environmental issues are reshaping the retail landscape. With e-commerce gaining increasing prominence, competition is fiercer than ever, and rethinking procurement strategies is essential for retailers […]

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Thought Leadership

What challenges will procurement teams face in 2025?

As we step into 2025, procurement teams are gearing up for a year of both opportunity and complexity. From navigating economic uncertainties to embracing new technologies and sustainability demands, the challenges ahead will test procurement professionals’ agility and adaptability. Here, we’ve explored three key challenges that procurement professionals are likely to face this coming year, […]

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Thought Leadership

Balancing cost and conscience: overcoming sustainability challenges in procurement

We’ve talked a lot in the past about how sustainability is a cause close to our hearts at Accelerate. And for the whole procurement sector, sustainability is now no longer a “nice-to-have”: it’s a necessity. As businesses face increasing pressure from stakeholders, consumers, and regulators to operate responsibly, procurement teams are at the forefront of […]

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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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