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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Additionally, by researching new suppliers every few months or so, they can ensure they’re always getting the best deal possible on the goods and services they need to sustain their operations. This could include negotiating more favorable terms with suppliers or renegotiating existing contracts to ensure that prices remain competitive.

Price 264
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5 Procurement Industry Trends to Watch in 2025

Arkestro

Sustainability Will Be a Top Priority for Procurement Teams in 2025 Sustainable procurement initiatives will continue to grow in importance in 2025. Sustainability means considering social and environmental factors alongside purely financial and economic ones. Subscribe to news from Arkestro.

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Beyond Compliance: How Procurement Can Drive ESG Leadership and Decarbonization

Jaggaer

A guest post by Rose Stephani, Project Leader, Sustainability at H&Z. H&Z partners with JAGGAER to help organizations transform their ESG data into actionable sustainability outcomes. How can sustainability be inserted within this framework? Compliance with existing international standards is the minimum ambition.

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4 Key Trends Reshaping Manufacturing Procurement in 2024

Arkestro

Policy-Driven Sustainability Sustainable, environmentally friendly procurement practices are no longer nice to have — they’re a business necessity. Consumers are also pressuring manufacturers to increase sustainability practices, and procurement teams worldwide are heeding the call. Sustainable bidding.

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How Modern Software Empowers Procurement with Agility and Resilience in Times of Crisis

ivalua

What we learned about agility and resilience can be applied to future-proof the source-to-pay (S2P) process and help organizations meet any new challenge with confidence. As Forrester’s VP and Principal Analyst Duncan Jones noted, while avoiding risk is impossible, preparing for it is critical.

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The Rise of Women in Supply Chain: Career Choice

SCMDOJO

Embracing diversity as a strategic advantage in the supply chain industry is not only the right thing to do ethically but also a smart business decision that drives innovation, growth, and sustainable success. Why Supply Chain is a Great Career Choice for Women?

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Could some of our UK counties be under water by 2050?

Value Match

Drive your suppliers to adopt sustainable practices: Procurement teams must work with suppliers to help them with the adoption of sustainable practices that reduce greenhouse gas emissions and mitigate climate change. This could include setting targets for reducing carbon emissions and encouraging the use of renewable energy sources.