Oxford College of Procurement & Supply

👀From building supplier relationships to mastering contract negotiations, Felicity from Rolls-Royce is gaining hands-on experience and working towards a recognised #CIPS qualification through her #apprenticeship. Read her story now.👇

The #Procurement Act 2023 is now in force, opening £400 billion in public sector contracts to more businesses and boosting transparency. Key changes include: ✅ More opportunities for SMEs ✅ Stronger supplier accountability ✅ A new Central Digital Platform Find out more 👇

🤝Negotiation isn't just about getting the best price - it's about achieving mutual agreements that drive success. Discover this @CIPSInsight article that looks at the key reasons for #negotiations and top tips for mastering this essential skill. 👇

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🔍 Explore the 3 P's of #Procurement! Find out how to optimise and automate your procurement process and gain practical strategies to streamline your operations and achieve greater efficiency in this @kissflow article👇

There's still time to sign up for our @CIPSInsight March cohort! ⏳ Our wide range of CIPS courses are designed to equip you with the knowledge and expertise needed for success in the dynamic world of #procurement. Secure your spot now 👇

A disconnected supply chain leads to delays, inefficiencies and rising costs. End-to-end #SupplyChain planning ensures coordination - from procurement to delivery, boosting efficiency, cutting costs and enhancing customer satisfaction. Discover how in this @ShipBob article👇

The answer is: Open tendering!

Let’s put your procurement knowledge to the test! Here’s a mock question from the @CIPSInsight Level 4 Advanced Diploma in Procurement and Supply 👇 Which of the following approaches to tendering is likely to attract the highest number of bids?

A well-managed contract can strengthen business relationships, reduce risk and maximise value, but a poor one? It can cost your organisation time, money and credibility.😱 Learn more about effective #ContractManagement and how to optimise your process with @CIPSInsight 👇

Getting materials at the right time is no small task, #procurement logistics makes it happen! 🚛 From just-in-time strategies to safety stock, the right approach can cut costs & boost efficiency. 🤝 Want to optimise your process? Check out this breakdown 👇

Earlier this week, we asked our #procurement community about AI, here’s what they said! 👀 📌 53% say AI is useful but limited. 📌 37% see it as a game-changer for forecasting, supplier selection & automation. AI isn’t replacing us yet, but it’s a tool worth leveraging! 🙌

AI has been promising faster supplier selection, smarter forecasting and automated decision-making. But is it really the future or just another overhyped tech trend? 👀 How do you feel about AI in #procurement?