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ARTICLE · 21 APRIL 2023

Procurement: Creating Complexity Or Driving Efficiency – The Search For Value

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In today's marketplace, there is a circus of players selling procurement as a panacea for business optimisation, risk management, supplier management, sustainability and value creation.

United KingdomGovernment, Public Sector
Paul Royds
Paul Royds

In today's marketplace, there is a circus of players selling procurement as a panacea for business optimisation, risk management, supplier management, sustainability and value creation. From value hawkers to system spruikers, event pedlars to LinkedIn toilers, everyone is selling a novel framework, model, system, platform, principle, infographic, process, contract or bot.

Businesses are spoilt for choice, and in many ways, much like your Friday Netflix movie, it has never been harder to wade through the assortment of offerings to find what you really need. Despite its best intentions, has procurement inadvertently created a complex paradigm, a landscape so loud that understanding the notion of 'value' has in itself become problematic?

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