About Indirect Procurement Leaders News

The Indirect Procurement Leaders News website, aims to focus on the most pressing issues surrounding indirect procurement and how industry can learn and adapt to face these issues. With news gained from a vast network of industry leaders, we aim to provide the most thought provoking and pressing news about this ever evolving expertise.

What is Indirect Procurement?

Indirect Procurement is the acquiring of intangible goods and services for a company. These services can be legal, financial, marketing, recruitment, IT, software and much more. As companies are focusing on the outsourcing of these services and attempting to find the best indirect procurement solutions across a broad selection of services, the need for procurement officers to acquire new skill sets is becoming more and more apparent. 

Why is it Important 

The days when Procurement Leaders could focus only on the easy savings a company could make, such as energy, and utilities, are gone. While making these savings are still important, what is more pressing is how to streamline a company to make it more efficient while cutting back costs in those areas where the procurement officers traditionally have had no say. 

Liasing with Marketing, Legal, HR, IT and other departments requires a certain percentage of knowledge of how these departments work, and how you can best persuade them that the cutbacks you suggest, will deliver not only short term savings, but long term improvements. 

Our Aim: 

Indrect Procurement Leaders News will equip you with new ideas, strategies and - even more crucially – an in-depth understanding of the skills to develop those ideas into achievable solutions.

Such as: 

• Advanced cost reduction & spend management – beyond tools implementation: how to use the analysis to move procurement beyond cost cutting and to strategic initiatives
• How to encourage innovation in the supplier base
• Globalisation – assessing the impact on procurement and managing the increased complexity in supply chains
• Insourcing vs. Outsourcing - is outsourcing a viable reaction to the current, global market dynamics?
• Managing and usingrisk to your advantage in the indirect procurement process
• Sustainable procurement – best practice in integrating sustainable development and achieving the set objectives
• Recruiting go-getters, helping them in the business and keeping them interested
• Using intelligent supplier relationship managementto recognise opportunities for increased collaboration and alternative sources of revenue 
• The evolving journey of consortium buying – enabling corporations us to drive innovation and shape the development of technology in a way that meets customers’ needs
• Best practice in contract management through its life cycle, to get real value from your indirect supplier base
• Using analytics to manage risk, for strategic initiatives and get value-added-services from your suppliers 

We will also be bringing you updates on the specialised Indirect Procurement conference, ProcureCon Indirect, which will bring together over 200 senior-level indirect procurement leaders across all sectors in Europe; all seeking to maximise the event's high-level learning and networking opportunities to enhance the capabilities - and cost effectiveness - of their indirect procurement organisations.