Spend analysis is the structured process of collecting, cleaning, classifying, and analysing procurement expenditure data.| Fractory
Businesses depend on extensive supplier networks to deliver the goods and services they need, but these supply chains are increasingly exposed to risks. Market volatility, geopolitical tensions, and unexpected disruptions […] The post Unlocking Value with Strategic Sourcing appeared first on Fractory.| Fractory
In 2025, supply chains face an array of challenges, such as geopolitical tensions, tariffs, labour shortages & raw material shortages, etc.| Fractory
The EU Supply Chain Act is coming... Discover what this act entails, how it will affect businesses, and what they need to do to prepare.| Fractory
Sustainable procurement integrates ESG factors into decision-making, meeting business needs while minimising harm to the planet & society.| Fractory
Value Engineering aims to provide required functionality at the best cost, while Cost Engineering accurately estimates and controls costs.| Fractory
Procurement, often referred to as strategic sourcing, is the process of acquiring the goods and services a company needs to operate.| Fractory
Engineering, Procurement & Construction projects entail all aspects of design & construction for a client, culminating in a turnkey handover.| Fractory
SRM is a strategic approach to procurement process, involving the development and ongoing management of partnerships with critical suppliers.| Fractory