GXO Logistics has announced a new multi-year agreement to manage L'Oréal's logistics operations across Central Europe, specifically in Czechia, Slovakia, and Hungary. This deal underscores the ongoing trend of outsourcing supply chain operations and the increasing significance of contract logistics providers in the distribution of consumer goods. The agreement reflects that large logisti...

The Economist reports that compliance Is becoming a commercial accelerator, not just a control functionA growing theme in enterprise procurement is that compliance readiness is now influencing vendor selection, contract approvals, and technology purchasing decisions. Delays often occur because suppliers cannot quickly satisfy security, legal, or regulatory requirements.The implic...

The Information Commissioner's Office is developing procurement guidance on AI, along with an AI code of practice. Organizations procuring AI solutions, especially in the public sector, should prepare for enhanced governance, compliance, and assurance requirements.While this may increase administrative tasks for public sector procurement teams, the implications of AI necessitate thes...

Supply chain resilience is evolving from a mere strategy to a critical priority at the boardroom level. According to the Financial Times, ongoing geopolitical tensions, energy disruptions, and raw-material shortages are driving companies to invest more heavily in resilient supply chains.Key trends include:- Diversifying suppliers to mitigate risks.- Regionalising sourcing str...