AI and the future of the CIPS Global Standard for Procurement and Supply
The CIPS Global Standard for Procurement and Supply is widely acknowledged as the definitive framework for professional excellence. It has consistently directed our profession, developing capabilities and careers across diverse global markets. Yet, the business landscape is undergoing an unparalleled transformation, driven by the rapid rise of Artificial Intelligence. AI is not merely an incremental […]
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 […]