Is procurement as a service missing from your business strategy?

Just a few years ago, procurement was seen by many as a largely administrative function. But as the business environment has become more complex, challenging, and uncertain, it’s clear that procurement is a critical component of organisational performance — one that...

Demand for procurement as a service is increasing

In 2021, the global procurement as a service market was valued at approximately $6,3-billion. Given that the market has a projected compound annual growth rate of 7% for the next 10 years, experts forecast that the market is likely to reach a valuation of...

Procurement is pivotal to ensuring a sustainable future

ESG (environmental, social, and governance) metrics are gaining popularity as a barometer to hold companies accountable for their sustainability efforts. By Edna Eason, MD: operations at Accenture in Africa Tracking carbon emissions, addressing human rights risks such...

Think global, act local to remedy procurement myopia

Procurement myopia can be a death sentence for an organisation. This has never been more true than in today’s fragile, post-pandemic and disruption fraught business environment, where economies are still reeling, and business resilience and innovation are more...

Procurement is pivotal to ensuring a sustainable future

ESG (environmental, social, and governance) metrics are gaining popularity as a barometer to hold companies accountable for their sustainability efforts. By Edna Eason, MD: operations at Accenture in Africa Tracking carbon emissions, addressing human rights risks such...

Reform process key to improving supply chain performance

The impact of the Covid-19 pandemic, corruption and breach of ethics, rising unemployment, power interruptions and the conflict in Ukraine have created an extremely volatile and uncertain environment around the world, meaning that resilience in supply chains has...