TalentTalks Podcast: Engaging New Talent Through High-Level Apprenticeships with Emma Law MCIPS
Talent Drive recently sat down with Emma Law MCIPS to discuss procurement apprenticeships and how they’re an enabler at enhancing new talent in procurement.
The Power of E-Procurement in the Digital Age
In today’s rapidly changing business landscape, procurement has transcended its traditional role to become a strategic cornerstone of organisational success. A pivotal force driving this transformation is electronic procurement, or e-procurement, which has ushered in a new era of efficiency, transparency, and cost-effectiveness. In this article, we delve into the realm of e-procurement and explore […]
Data Analytics Unleashed: Revolutionizing Procurement
In the constantly evolving world of modern business, procurement stands as a linchpin in an organisation’s journey towards success. Beyond its traditional role of merely acquiring goods and services, procurement has undergone a metamorphosis into a strategic function vital for an organisation’s growth. A catalyst behind this transformation? Data analytics. In this article, we’ll embark […]
A Parents Guide to Apprenticeships
An apprenticeship is a unique opportunity for your child to earn a wage while gaining real-world experience
The Significance of the Human Element in Supply Chains
In the intricate and swiftly evolving realm of global commerce, supply chains form the backbone of countless industries, ensuring the efficient movement of goods from manufacturers to consumers. While technological advancements have profoundly altered the way supply chains operate, the human element remains a pivotal component in their triumph, propelling innovation, resilience, and sustainable growth. […]
Why is Supply Chain Management so important?
Often when supply chains are discussed they are viewed as external to the organisations only, however supply chains are much wider than this. Supply chains are both internal and external, from raw materials through to consumer/customer. Supply Chain Management is important to organisations particularly to reduce risk and supply chain vulnerabilities- supply chains are only […]
The 12 Days of Procurement
On the first day of Christmas, procurement sent to me…
The End point Assessment – What is it and What’s the Value?
In this latest article, SRSCC explain just exactly what the end point assessment is, as well as the value it offers to student apprentices and their employers. What is The End Point Assessment? End Point Assessment is the final stage of an Apprenticeship which must be successfully passed to become certified. EPA is the opportunity […]
Procurement and Supply Life Cycle
When considering your procurement and supply strategy, it’s imperative to formulate a plan of action that considers both internal and external factors of your business. Things like external market conditions need to be taken into consideration, as well as internal factors such as your business’ dynamic requirements. What are the 13 stages of procurement? […]
The 5 Rights of Procurement
It is typically considered that the five rights of procurement analyse procurement objectives and procurement function. This strategy has proved very effective over the years, but as the function of procurement changes, so does how the five rights are interpreted. What are the 5 rights of purchasing? Quality In the past, the terms “quality” and […]
What Financial Support Packages are Available for Apprentices and CIPS learners?
There are a number of financial support options available for apprentices and CIPS learners, when studying with SRSCC. Find a finance support package that suits you! Apprenticeship Finance Support For learners studying an apprenticeship, SRSCC can point you in the right direction to access the necessary funding support. Apprenticeship Levy The levy is paid into […]
What is the Supplier Relationship Management Process?
The buyer-supplier relationship management process is the systematic approach to assessing vendors that supply a business, allowing the business to evaluate the contribution made by the supplier and how to improve the nature of their buyer-supplier relationship. What Are the Types of Supplier Relationships? There are three major types of supplier relationships: Vendor – The […]