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Sustainability in Procurement: Strategies and Challenges

ivalua

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

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Vendor Management Best Practices — The Ultimate Guide of 2022?

Procurement Tactics

33 Procurement Interview Questions in 2022. Vendor Management Best Practices — The Ultimate Guide of 2022. It includes features such as built-in mobility, workforce visibility, automation process, increased security, and advanced reporting. . The post Vendor Management Best Practices — The Ultimate Guide of 2022?

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Supplier Relationship Management Software — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. The SRM aims to ensure buying from reliable suppliers, bring end-to-end visibility of supplier collaboration workflow, and improve the resilience of the supply chain. . Updated Aug 2022. First Name. Download Free Whitepaper ?. ?. Or receive our famous weekly newsletter.

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How can integrating more efficient and effective ProcureTech modules within a decentralized architecture framework eliminate non-usage?

Procurement Insights

Unlike end-to-end Source-to-Pay (S2P) platforms (e.g., Evidence: Kodiak Hub (2022) notes high-performing teams use tailored solutions, reducing idle features. Comparison to End-to-End S2P S2P Non-Usage: 30-40% unused (e.g., $15K-$400K Power BI) and APIs maintain visibility, rivaling S2Ps 20-30% transparency gains.

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Visibility is crucial for supply chains

Strategic Sourceror

For these reasons, many high-end supply chain organizations are investing their money into visibility solutions to get a better handle on their supply chains. Why is visibility so important? Reduced costs Ultimately, visibility boils down into long-term operational efficiency.

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Financial Supply Chain —  The Ultimate Guide of 2023

Procurement Tactics

33 Procurement Interview Questions in 2022. The purpose of financial supply chain management is to achieve and maintain visibility into all of the processes. . Ultimate Supplier Plotting Checklist 2022. When this happens, it results in more visibility throughout the physical supply chain. Download Whitepaper →. .

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The new shape of business travel is here, so why are some still using rigid expense management systems?

Spend Matters

Remote work will make sure of it A poll released by the GBTA earlier this year shows three in four travel managers expected their company to make more business trips in 2023 compared to 2022. a year between 2022 and 2032, outpacing the overall economy’s growth at an expected 2.7% And those predictions have certainly rung true.