Category: Procurement News

Author: James Garrod. VP of Procurement Strategy @ ProcumoDate: 12th February 2026 (5 min Read)www.Procumo.biz One of the most exciting aspects of working in procurement is the chance to engage with industry leaders and uncover the challenges they face. After countless conversations at conferences and meetings, a clear theme has emerged—procurement teams are making a…

By Procumo Author: Amanda Pegoli Efficient purchasing practices that save time and money are more critical now than ever before. As businesses grapple with increasingly complex supply chains, economic uncertainty, and evolving customer demands, streamlining the procurement process and optimizing spending is crucial for success. In 2023 alone, procurement costs for digitally advanced companies skyrocketed…

Your small business not only makes up a massive part of your livelihood but is a significant investment. You have put time, money, and effort into getting the business started, opening its doors and following your dream. This is why it’s essential to protect your investment from adverse situations that have the potential to financially…

Author: Mark McCormack Co-Founder of Procumo Negotiation is a fundamental aspect of human interaction, affecting business deals, diplomatic agreements, and even personal decisions. One crucial concept in the area of negotiation is a BATNA, which stands for Best Alternative to a Negotiated Agreement. Understanding and leveraging your BATNA can significantly influence the outcome of negotiations,…

The Gulfstream G700 is a cutting-edge, ultra-long-range business jet designed and manufactured by Gulfstream Aerospace Corporation, renowned for its luxurious interiors and exceptional performance capabilities. As an evolution of the highly successful G650 series, the G700 represents the pinnacle of Gulfstream’s engineering prowess, offering unparalleled comfort, range, and efficiency for elite travelers. With a spacious…

By Amanda Pegoli – TBC Inhouse writer. 20th May 2023 Introduction In today’s competitive business landscape, finding ways to stay ahead of the curve and maximize profitability is paramount for success. One strategy that has gained significant traction is joining a buying group. These groups bring together like-minded businesses in the pursuit of collective purchasing…

Team Buying Club – Amanda Morley You have completed the procurement process, awarded the contract to the successful supplier and, if applicable, finalised the TUPE process. What’s next? Ongoing contract management. Why? To make sure that throughout the lifecycle of the contract it remains fit for purpose, you obtain additional value and that your suppliers…