Procurement Tactics

JUNE 6, 2023

The Indonesian Energy and Mineral Resources Minister Arifin Tasrif announced that the country may no longer import LPG ( liquified petroleum gas ) in 2030 as its likely capable of producing enough DME ( dimethyl ether ), a good substitute for fuel. McKinsey and Company projected a promising Indonesian economic outlook in 2030: 13.

Export 204

Export Import Sustainability Negotiation 204

Procurement Tactics

JUNE 8, 2023

Brazil’s abundance of renewable energy sources such as hydro, biomass, wind, and solar can generate 47% of total installed electricity by 2040 in the country. It will also likely contribute to a potential export market of $5 billion in 2030 and $11 billion in 2040.

Export 177

Export Import Negotiation Sustainability 177

Supply Chain Brain

NOVEMBER 13, 2024

The coalition is hoping to have zero or near-zero emission technologies make up 5-10% of the maritime industry's fuel and energy sources by 2030.

Sourcing 98

Sourcing 98

Supply Chain Dive

JUNE 22, 2023

The CPG company is looking to cut 30% from its climate footprint tied to sourced ingredients and packaging by 2030.

Sourcing 102

Sourcing 102

Procurement Tactics

MARCH 20, 2023

Brent crude oil prices will rise to $79 per barrel by 2030 and by 2040 it will be roughly $84 per barrel. At this time, most oil sources are near depletion, and extracting oil is costly. Most countries as well have shifted to natural gas and renewable energy sources.

Price 200

Price Export Demand Influencing 200

Jaggaer

JANUARY 20, 2025

“In partnership with TForce, which has a strong understanding of the local market, we will be able to support these forward-thinking organisations, helping them achieve procurement excellence and giving them a competitive advantage, aligning closely with the ambitious goals of Saudi Arabias Vision 2030.

supply chain software solutions 52

supply chain software solutions Agile and Lean Supply Chain Supply Chain Efficiency Supply chain management 52

Procurement Tactics

JUNE 2, 2023

Natural source depletion such as forest and water will drive people to migrate for better resources, leading to conflict and instability. With the looming increase in the population index and the depleting resources, the United Nations crafted the 2030 Agenda for 17 Sustainable Development Goals ( SDGs ).

Sustainability 130

Sustainability Export Negotiation Procurement strategies 130

Procurement Tactics

OCTOBER 12, 2022

Through Unilever’s action plan, it has set a clear pathway to have zero emissions in its operation by 2030 and net zero emissions across its value chain by 2039. . 69% of respondent companies consider sustainability performance when sourcing for new suppliers. . Shortages and Inflation . Want to close better deals?

Sustainability 181

Sustainability Procurement Supply Chain Efficiency Supply chain 181

Procurement Tactics

NOVEMBER 21, 2022

Lego plans to use eco-friendly materials to produce all of its core products and packaging by 2030. Starbucks’ commitment to ethical sourcing. One of the ways Starbucks is fulfilling its goal is by sourcing ethically. . Also, its commitment to sustainability extends beyond its partnerships. .

Ethics 209

Ethics Sustainability Import Supply Chain Efficiency 209

Value Match

APRIL 20, 2023

The ministers committed to the swift and effective implementation of the Global Biodiversity Framework (GBF) , aiming to halt and reverse biodiversity loss by 2030. There was a distinct emphasis on the need for funding from various sources, including private finance, to support developing countries in their efforts to protect nature.

Procurement strategies 52

Procurement strategies Bidding Innovation Risk 52

ivalua

OCTOBER 17, 2022

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution.

Supply Chain Efficiency 130

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain supply chain software solutions 130

Procurement Tactics

APRIL 19, 2023

The Sustainable Development Goals (SDGs), also known as Global Goals, were adopted by the United Nations in 2015 imploring to end poverty, protect the planet, and ensure the well-being of people by 2030. The United Nations has created 17 Sustainable Development Goals that aim to achieve them by 2030.

Sustainability 165

Sustainability Procurement Supply Chain Efficiency supply chain budgeting 165

Procurement Tactics

MARCH 21, 2023

This energy source problem caused a massive decline of 9% reduction of their total production. These are the basis of the platinum price forecast in the coming years which will be roughly $4, 144 at the end of 2030. Additionally, strikes over wages also add to their current production problem.

Price 174

Price Demand Import Sustainability 174

Procurement Tactics

SEPTEMBER 13, 2022

From raw materials sourcing to production, storage, and delivery, it monitors if these processes may cause harm to the environment and communities. . Blockchain is useful for sustainable procurement due to its ability to act as a single source of truth. Blockchain. Compliance. Frequently asked questions. Want to close better deals?

Supply Chain Efficiency 183

Supply Chain Efficiency Supply Chain Optimization Agile and Lean Supply Chain Sustainability 183

Procurement Software

APRIL 9, 2024

Join me on this fictitious journey of transforming an existing procurement organisation into one that will still be relevant in 2030. The Future of Procurement: My dream team for 2030 I’m going to use a very simplified example. How else am I going to make my team fit for the future of procurement in 2030?

Category management 40

Category management Procurement supply chain budgeting Budget 40

Jaggaer

JULY 10, 2024

Proven Techniques from Source to Contract By Georg Roesch, VP Direct Procurement In our recent guest article, Prof. In this follow-up article, let’s discuss some practical ways companies can integrate measures within their source-to-contract processes to reduce your Scope 3 emissions. from source to contract).

Strategic sourcing 52

Strategic sourcing Strategic sourcing Sourcing Bidding 52

Strategic Sourceror

FEBRUARY 6, 2023

million metric ton shortfall of natural graphite by 2030. A Blog for Procurement, Supply Chain and Purchasing Professionals, sponsored by Corcentric , a leading Procurement Service Provider, specializing in Strategic Sourcing, Procurement Resources and Procurement Advisory. Indeed, at the current rate of usage, the U.S.

Raw materials 140

Raw materials Strategic sourcing Strategic sourcing Demand 140

Skill Dynamics

JANUARY 9, 2025

Capability 5: Sustainability and Ethical Sourcing Sustainability has, most recently, become one of the most impactful changes in modern supply chain capabilities. Ethical sourcing is one method to embed sustainability into your supply chain capabilities from the beginning.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency Supply Chain Optimization Supply chain 52

Procurement Tactics

OCTOBER 27, 2022

Trucking is the primary source of container transport once it has been unloaded at a port. from 2022 to 2030. . Or receive our famous weekly newsletter. Driver Shortage. We all know that without drivers, goods cannot get from one place to another which will result in a supply chain’s breakdown. . retail sales. .

Logistics 193

Logistics Supply Chain Efficiency Raw materials Supply chain 193

Procurement Tactics

SEPTEMBER 12, 2022

The event is organized by the Sustainable Procurement Pledge which will run until 2030 to raise awareness across the profession. . This course is a perfect fit for ambitious procurement & sourcing professionals. Who organized this event? What is sustainable procurement? Negotiation Gamechanger Certificate Program. LEARN MORE.

Sustainability 201

Sustainability Chief Procurement Officer Procurement Supply chain 201

Strategic Sourceror

JULY 23, 2022

According to a recent report by Research and Markets, the global market for electric commercial vehicles is going to increase from 353,000 units in 2022 to 3,144,000 units by 2030 – a CAGR of 31.4%. From a consumer standpoint, it is the last-mile delivery sector that, the report said, will benefit most by switching to electric vehicles.

Supply chain 98

Supply chain Supply Purchasing Strategic sourcing 98

Procurement Heads

DECEMBER 16, 2022

billion) by 2030, growing at a CAGR of 10.1%. On the other hand, artificial intelligence (AI) and machine learning provide more timely analytics and data-driven insights to help professionals make better-informed sourcing decisions. Procurement software is the primary way professionals integrate automation into their workflows.

Procurement 130

Procurement Supply Chain Efficiency supply chain software solutions Procurement team 130

The Thomas Blog

JANUARY 17, 2023

Our platform has over 75,000 categories of products and services, from alloy to zinc, from which professionals like you can source. billion in 2020 to $21 billion by 2030. 2019 saw a rise in sourcing activity for private label foods by users of the Thomasnet.com platform, including private label plant-based foods.

Demand 98

Demand Sourcing Supply Chain Efficiency Price 98

Procurement Templates

NOVEMBER 11, 2022

Source : UN.Org. C – as called for in the Paris Agreement – emissions need to be reduced by 45% by 2030 and reach net zero by 2050. The energy sector is the source of around three-quarters of greenhouse gas emissions today and holds the key to averting the worst effects of climate change. end UN source~. What is net zero?

Procurement 130

Procurement Bidding Contract Suppliers 130

Procurement Tactics

JANUARY 9, 2023

It now aims to be 100% carbon neutral by 2030. It has also encouraged other sportswear businesses to source more sustainably. . Adidas is striving to be sustainable by sourcing ethically and committing to relying on 100% recycled polyester. Apple has changed its views regarding its environmental goals. What Can We Learn From it?

Sustainability 210

Sustainability Collaboration Strategy Suppliers 210

Strategic Sourceror

SEPTEMBER 22, 2022

trillion in overall work productivity by 2030 from job creation and innovation alone. A Blog for Procurement, Supply Chain and Purchasing Professionals, sponsored by Corcentric , a leading Procurement Service Provider, specializing in Strategic Sourcing, Procurement Resources and Procurement Advisory.

Supply chain 112

Supply chain Raw materials Supply Strategic sourcing 112

Procurement Tactics

MAY 11, 2023

It focuses greatly on sourcing renewables such as solar, biomass, biogas, waste-to-energy resources to achieve net-zero by 2050 and zero greenhouse gas emissions by 2065. Additionally, it will help the country achieve its ZEVs ( Zero Emission Vehicles ) target by 2030.

Export 155

Export Import Negotiation Sustainability 155

Supply Chain Brain

FEBRUARY 15, 2024

The IEA said that it anticipates oil demand will peak by 2030 as the world attempts to transition to cleaner energy sources. OPEC says it will peak after 2044.

Demand 52

Demand Sourcing Supply 52

Procurement Tactics

NOVEMBER 20, 2022

Additionally, it has initiated to run on 100% green energy at its production facilities that rely on wind and solar power instead of the traditional source of energy which is fossil fuels. In September 2020, Google made one of its most ambitious environmental commitments which are to run its operation purely on carbon-free energy by 2030. .

Sustainability 147

Sustainability Ethics Agile and Lean Supply Chain Strategy 147

Una

AUGUST 2, 2022

This number is expected to swell to over 25 billion connected devices by 2030. Contact our team of Sourcing Advisors to learn more. Una’s team of Sourcing Advisors is here to help. Take B2B services purchasing as an example. Need help saving money on the technology solutions your business needs to stay in the game?

Procurement 98

Procurement Supply Chain Efficiency Real-time Visibility supply chain budgeting 98

The Thomas Blog

MARCH 20, 2023

Our platform has over 75,000 categories of products and services, from alloy to zinc, from which professionals like you can source. Thomas’ January monthly sourcing report shows the current popularity of machining. billion industry by 2030. Automotive glass sourcing was up 186% year over year in November.

Supply Chain Efficiency 93

Supply Chain Efficiency Supply chain Supply chain management Supply chain management 93

The Thomas Blog

JULY 15, 2022

Our platform has over 75,000 categories of products and services, from alloy to zinc, for professionals like you to source from. The injection molding market is predicted to reach $266 billion by 2030 , so desiccants will continue to be in demand. million industrial professionals use Thomasnet.com for their sourcing every month.

Networking 96

Networking Sourcing Demand Data 96

Procurement Talk with David Byrne

MAY 3, 2022

Listen in Apple Podcasts Listen in Spotify Listen in Google Podcasts Episode show notes “You’ll start to think, ‘I’ll be making a sourcing decision against one of the biggest elements of our impact within the next few years, which might almost commit me already to 2030’. It’s about getting that … Continued.

Sourcing 52

Sourcing Chief Procurement Officer Collaboration Networking 52

IBM Supply Chain Blog

FEBRUARY 29, 2024

As more countries, companies and individuals seek energy sources beyond fossil fuels, interest in renewable energy continues to rise. In fact, world-wide capacity for energy from solar, wind and other renewable sources increased by 50% in 2023. Biomass is sometimes considered a source of renewable energy. trillion in 2023.

Supply Chain Optimization 94

Supply Chain Optimization Sustainability Supply Chain Efficiency Sourcing 94

The Thomas Blog

FEBRUARY 23, 2023

Our platform has over 75,000 categories of products and services, from alloy to zinc, from which professionals like you can source. Junction boxes were in the top 10 categories with the most sourcing activity for December, with 6578.6% million industrial professionals use Thomasnet.com for their sourcing every month.

Raw materials 98

Raw materials Demand Sourcing Contract 98

Procurement Tactics

JUNE 26, 2023

By 2030, its expected CAGR ( Compound Annual Growth Rate ) is 7.75% ( $31.94 These top 3 products can be a good start for your sourcing: UMX P-51D Voodoo BNF Basic with AS3X and SAFE Select priced at $149.99 billion during the pandemic and this year, its projected gain is $19.25 Thus, this explains the slow US dropshipping growth.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Procurement Software

JANUARY 26, 2025

Or, maybe youre suffering from Cinderella complex: not bold enough to demand an upgrade to the outdated, clunky, legacy Source-to-Pay suite interfaces that suppliers and stakeholders havent really adopted. Do not be surprised to see even best-in-class procurement teams look substantially different in 2030.

Supply Chain Efficiency 52

Supply Chain Efficiency Procurement Agile and Lean Supply Chain Category management 52