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Purchasing

Find out more about purchasing and procurement with our selection of articles, links and guides to help you identify best practice, techniques and tools to apply to your business.

What's on this page?

  • Online articles
  • Useful links
  • Articles and books from the Library

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Online articles

The Library provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.

Negotiating the economic downturn

Six supply chain strategies to help carry manufacturers through difficult times.

Procurement of software and smartphone apps

The article offers tips to companies on implementing protocols for the procurement of software and smartphone applications. Before making a purchase, firms are advised to have a clear definition of the problem to be solved by the use of the software. The request for proposal should be reviewed by multiple individuals at different levels of the organization for thoroughness, priorities and risks.

Keeping tabs on cloud costs

The article focuses on the issues regarding costs for cloud services and cloud contracts need to be managed effectively. It mentions approach offers huge benefits to the business, enabling pilots and projects to consume cloud resources and public cloud services such as Amazon Web Services (AWS) or Microsoft Azure. It mentions software as a service (SaaS) is easy to procure and deploy that it often bypasses procurement and information technology policies.

How to procure indirect services

Best practices for procurement of indirect materials and services in large organisations.

Benefits of digital transformation

The article discusses the benefits of digitizing the supply chain. Topics include findings on research from the Center for Global Enterprise about digitizing the supply chain, benefits of digital technology according to Dr. Gordon Murray, a strategy and change management specialist for Tata Consultancy Services, and factor that limits the potential of procurement. Additional areas to focus on as companies seek to digitize procurement are also mentioned.

Time to take a smarter approach to procurement

The article argues that a procurement team can provide leadership teams with valuable data, analysis and insights that influence what a company buys. It describes examples of companies benefitting from creating a collaborative partnership between procurement and the business.

Category management basics: how to attract top-quality suppliers

Looks at supplier relationship management (SRM) as part of implementing the category management procurement model. The article offers advice on generating contracts with suitable suppliers and how to test supplier engagement.

Putting the pieces together

The article focuses on supplier relationship management (SRM) for procurement managing and capturing the post-contract value from business relationships. The contributors comment on the lack of clarity around SRM in companies and how to maximise the value of interactions with suppliers.

Free up cash

Renita Wolf covers best practices to help your company manage working capital effectively.

Lighting up the procurement world

Barry Hochfelder discusses the results from a 2015 Oxford Economics study surveying 1000 executives and procurement employees worldwide; their responses show the evolution of procurement isn't slowing down.

Showing 10 of 15 items

Useful links

Chartered Institute of Purchasing & Supply (CIPS) 
Professional body representing individuals and organisations in the field of purchasing and supply chain management. Resources on the website include category management and supply management models, a CEO checklist, document templates and glossary.

International Federation of Purchasing and Supply Management (IFPSM) 
Federation of national and regional purchasing associations. The body produces a monthly Ezine and offers an additional selection each month of useful articles and links.

Atom Content Marketing guides

Articles and books in the Library collection 

To find out how you can borrow books from the Library please see our guide to book loans.

You can obtain copies of articles or extracts of books and reports through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by web chat or by email at library@icaew.com.

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