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 […]
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 […]