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Brexit: be ready to act

In an article published in Raconteur’s Future of Procurement report, Daniel Peck and Phil Woode discuss what procurement teams must do to ensure they are ready to react to all eventualities after the UK exits the European Union. They suggest that public and private sector organizations should use these crucial few months while the terms of the Brexit deal are being agreed to get on the front foot. They should assess their risks and draw up contingency plans that will enable them to respond to what the next few months might bring.

 

Inefficiencies in the ‘one size fits all’ replenishment strategy and how to overcome them
Insight
Inefficiencies in the ‘one size fits all’ replenishment strategy and how to overcome them

There is a definite appeal in bringing certainty and simplicity to the replenishment process through a ‘one size fits all’ strategy. We assess whether the one size fits all replenishment strategy is overburdening your supply chain.

Six pitfalls to avoid when developing your supply chain
Opinion
Six pitfalls to avoid when developing your supply chain

Keeping your supply chain strategy fit for purpose is easier said than done. We identify some common failings.

Overcoming issues for mid-sized specialist manufacturers
Opinion
Overcoming issues for mid-sized specialist manufacturers

With the right approach, mid-sized specialist manufacturers can overcome common issues, create their own opportunities and build on new or existing relationships.

What are the dos and don’ts to improving your working capital?
Insight
What are the dos and don’ts to improving your working capital?

Getting the right approach to improving your working capital is essential if you are to achieve the quick wins you desire.