Delta’s blog covers the latest procurement news, regulatory insights, sector-specific guidance, and platform updates.
Topics include the Procurement Act 2023 (now in effect), eSourcing best practices, and thought leadership from across the procurement profession.
It is no secret that the procurement process is a difficult and complex system to navigate. However, dynamic purchasing systems, or DPS, are revolutionising the procurement market. Designed to make life easier for buyers and suppliers alike, DPS streamlines the process of buying goods and services. But what are they?
In 2021, the UK government attempted to level the playing field in government procurement. Since then, small businesses have been able to use their procurement plans to get ahead in the game. There are a lot of factors to consider when trying to gain a competitive edge with your procurement strategy.
This October, inflation has hit 11.1% – up from 10.1% the month prior. It’s no secret that the market has seen widespread volatility over the past few years. Conflicts like the war in Ukraine, the pandemic, and other unforeseen variables have added to this. As businesses try to navigate this
Did you know that there are 5.5 million workers in the public sector? The industry continues to grow, and as such, companies need to streamline their tendering processes. E-tendering is on the rise. As public sector organisations become more aware of the benefits e-tendering can offer, we’re seeing an uptake in
The UK government spends roughly £284 billion on public procurement every year. With so much public money at stake, procurement needs to deliver value for money. But more and more, the public sector demands ethical value, too. Governments can use their buying power to support ethical and environmental policy. Investing in sustainability through
Sustainable procurement policies are essential to help businesses reduce their carbon emissions. One of the best places to start is to check how suppliers are keeping emissions to a minimum, especially in industries such as construction, with construction pollution being responsible for 7 to 14.5% of air pollution. So, how do
Public procurement is open to all businesses. As long as your business can offer value for money, you stand a chance of making a successful bid. But for businesses new to the world of procurement, the language of the field can be off-putting. To be truly fair, public procurement needs to be accessible
In recent years, businesses have been under pressure to reduce costs and avoid wasteful spending. One of the best ways to do this is through smarter procurement. This involves using data capture and analysis tools to make better decisions about where to spend money and how to get the most value
LGBT equality is under attack. ILGA-Europe provides annual rankings of LGBT equal rights amongst 49 European countries. In 2022, it ranked the United Kingdom in 14th place. That’s down from 10th place in 2021, the biggest fall of any country. Employers and the government must take steps to help LGBT people.
Diversity has long been a hot topic concerning employer brand and workplace satisfaction. Couple this with the fact that young consumers are placing increasing importance on social causes. It’s no wonder many brands are diversifying their customer-facing teams. Yet, the conversation about diversity doesn’t end in the workplace. Instead, diversity
The UK currently ranks 11th in the world for corruption within the public sector. This number may worry you, but the government is making leaps to focus on social values and ethical conduct. There are many obvious differences between the public and private sectors, but what about their ethical standards? Integrity, ethics,
In the UK alone, expenditure on procurement costs throughout the country totalled £357billion in 2020-21. All organisations need to procure goods and services to meet their demand, but these costs can quickly add up. CFOs across industries and sectors are seeking new ways to control these procurement costs. We’ve written this extensive list
