Deconstructing Tasks for Strategic Outsourcing and Efficiency in Supply Chain Management
NatQuest SCM Genius Network, 17th April 2025 In an era characterised by supply disruptions, rising costs, and the digitalisation of commerce, the operational framework for supply chain management is undergoing rapid transformation. The traditional model—focused on vertically integrated, compartmentalised functions—proves too inflexible for today’s environment of swift changes, platform economies, and omnichannel complexity. An emergent […]
Embedding Business Continuity and Disaster Control in Strategic Procurement
NatQuest SCM Genius Team, 7th April 2025 In the world of business today, procurement has evolved far beyond a transactional function. It is now a strategic enabler of resilience, value creation, and operational continuity. As global supply chains become more fragmented, outsourced, and exposed to disruption, the role of Business Continuity Planning (BCP) and Disaster […]
DevOps and Cloud Contract Management: A Strategic Imperative for Digital Transformation
NatQuest SCM Genius Network team, 7th April 2025 In the age of digital economy and acceleration, businesses are progressively investing in cloud-native technologies to enhance agility, scalability, and competitive advantage. Central to this transformation is DevOps—an integrative approach that amalgamates software development and IT operations to facilitate swift deployment cycles and continuous innovation. However, a […]
The Strategic Alignment of Procurement and Commercial Functions
NatQuest SCM Genius Team – 2nd April 2025 Organisations face increasing pressure to manage value, cost, and risk across extended supply chains. As a result, procurement and commercial teams—historically separate in role and focus—are now required to work in closer alignment. The convergence of these functions is not merely operational; it is strategic. Organisations that […]
Building an AI Strategy in a Procurement Organisation: A Practical Implementation Framework
S Uba, FCIPS – NatQuest CEO 31 March 2025 Artificial intelligence (AI) possesses the capability to significantly transform procurement processes through the introduction of data-driven decision-making, process automation, and predictive analytics, among other advancements. However, the successful integration of AI necessitates more than mere technological adoption; it requires a well-defined implementation strategy that is aligned […]
Procurement Orchestration: Coordinating Value Across the Procurement Function
NatQuest SCM Team – 26 March 2025 In large enterprises, procurement teams face increasing pressure to deliver cost savings, reduce risk, ensure compliance, and support sustainability—all while navigating an increasingly complex technology landscape. Yet in many organisations, procurement activities remain fragmented. The tools and systems that support sourcing, contracting, purchasing, and payment often operate in […]
Generative AI in Procurement: Moving from a Tactical Tool to a Strategic Resource
NatQuest OpenTender Team – March 2025 As artificial intelligence (AI) continues to advance across various business functions, its role in procurement has shifted from providing marginal support to becoming a core enabler of strategic value. Generative AI (GenAI)—a subset of AI that automates the generation of text, documentation, and insights based on large data sets—has […]
Heathrow Airport Closure: A Supply Chain Disruption Analysis
On the evening of 20 March 2025, a catastrophic fire erupted at the North Hyde electrical substation in Hayes, West London, leading to a significant power outage that forced the closure of Heathrow Airport until midnight on 21 March 2025. This incident has had profound implications for global supply chains, given Heathrow’s pivotal role in […]
Political Influence in Public Procurement and Safeguarding Integrity and Ethics
Political interference in procurement decisions is a persistent challenge, particularly in the public sector. As procurement professionals, we often find ourselves in situations where external pressures seek to sway decision-making, sometimes at the cost of ethical standards, transparency, and value for money. While stakeholder engagement is a key part of procurement, undue political influence can […]
NatQuest Joins GCID’s ‘Creative AI for Industry’ Programme to Revolutionise Procurement with OpenTender.AI
NatQuest is proud to announce its participation in the prestigious Glasgow City Innovation District (GCID) Venture Studio as part of the ‘Creative AI for Industry’ programme. This initiative, in collaboration with Scottish Enterprise, provides funding and support to AI-driven companies, helping them develop innovative solutions that bridge the gap between industry needs and market readiness. […]