Remove Balance Remove Consumer Demands Remove Data
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How Procurement can help to drive Supplier-led innovation

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In today’s competitive business landscape, consumers demand a continuous cycle of new products and services, and the gap between each launch is shrinking. This is shifting the balance of power in the business-supplier relationship, with the most innovative suppliers able to pick and choose who they work with.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

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In this way, they can be ready to face a crisis like Covid-19 or various other potential challenges — extreme weather caused by climate change, consumer demand for sustainable and ethically produced goods, trade wars or political tensions, to name a few. . Balancing New Priorities Makes Procurement More Valuable.

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Government Contracts Inflation Update

Procurement Notes

Therefore, looking at the above data, February 2023 marked at least 23 (possibly 24) months of above-target inflation, which, at least when measured with headline inflation, started in March-April 2021. Finally, the data shows that the inflation picture is currently improving, but significant inflation is still occurring.