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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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The Benefits of Procure-to-Pay

ivalua

At Ivalua, we’ve seen how a Procure-to-Pay business process ensures sustained benefits through good buying practices, improves visibility and swifter issue resolution, and enables proactive management of suppliers. Solution: Automate end-to-end processes. Pain-Point: Manage supplier risk and visibility.

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Inventory Management — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. What is Inventory Management?

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See Through Disruptions: How Supply Chain Visibility Builds Resilience

SCMDOJO

Enhancing supply chain resilience as well as supply chain visibility is crucial in today’s interconnected world. The powerful concept of Supply Chain Visibility lies at the core of resilience. Supply Chain Visibility refers to tracking and monitoring the movement of goods, services, and information throughout the supply chain.

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Navigating the Future of Supply Chains: Insights & Procurement

Jaggaer

A recent report by Maersk and Reuters Events highlights that 68% of companies are making supply chain visibility and monitoring solutions a top priority. The Visibility Challenge: Why Seeing Clearly Matters A major insight from the report is the visibility gap, particularly with tier 2 and tier 3 suppliers.

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A 2024 Supply Chain To-Do List

Supply Chain Brain

Future-proofing supply chains to manage risk, boost real-time visibility, enhance sustainability, deploy AI effectively, and promote end-to-end collaboration is critical. The global economy is slowly recovering, but volatility remains a constant. Tick-tock…

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Supplier Order Management Software – Everything You Should Know

Procurement Tactics

Sustainable Procurement Maintain high profitability while moving toward sustainability 4. However, with the advancement of technology, businesses now have access to software that simplifies and automate the entire order management process. Supplier Order Management Software: What it is?