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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

A procure-to-pay solution offers a seamless process from point of order to payment. 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. Reduced errors, fraud and risk.

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At which point should end-to-end (S2C) source-customer visibility begin in the manufacturing process?

Procurement Insights

I obviously think what EiKO is doing regarding process visibility is great – kudos to the company for its progressive customer-centric thinking. The question I have is how many organizations have the same visibility in their Source-2-Customer (S2C) process before their product becomes an order for their customers?

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The Benefits of Procure-to-Pay

ivalua

A procure-to-pay solution offers a seamless process from point of order to payment. 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. Reduced errors, fraud and risk.

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The Big Interview with Emma Giles

Procurement Heads

Could you tell us a bit about yourself, your background and how you got into procurement? What roles and responsibilities does Procurement/ SRM have within Allianz? We’re certainly not shy when it comes to taking a seat at the table and making suggestions and challenges to help evolve the way things are done.

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What are End-to-End Processes?

Pipefy

This approach to taking your business to the next level often involves end-to-end (E2E) processes to deliver solutions. What is an end-to-end process? The end-to-end philosophy emphasizes eliminating middle layers and steps to increase efficiency, performance, and cost savings.

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Believe It Or Not, Procurement Impacts Every Single Person

ivalua

If you live in a city, state or country, which everybody does, your life and the lives of your family and friends is impacted directly by Procurement. No, I’m not referring to the Procurement department of your company (although, if Ivalua has anything to do about it, there are lots of interesting things happening there too).