Company news, industry insights, and thought leadership
on the Procurement sector and beyond.
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 However, outdated perceptions, a shortage of skilled professionals, and increasing competition from other […]
Read moreWe’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 […]
Read moreAs 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, […]
Read moreWe’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 […]
Read moreDigitalisation 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 […]
Read moreProcurement 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 […]
Read moreEthical 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 […]
Read moreWith 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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