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How Procurement can help to drive Supplier-led innovation

ivalua

In today’s competitive business landscape, consumers demand a continuous cycle of new products and services, and the gap between each launch is shrinking. Alex Saric, Chief Marketing Officer, Ivalua. This means companies are under more pressure than ever to innovate at pace.

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Your Guide to Sustainability Labeling and Avoiding the Risk of Greenwashing

The Softly Spark

Sustainable products are experiencing growth in both profits and consumer demand. Its important to isolate and find a partner that can provide the data back to you on what is being collected. This alignment helps maintain your brand and builds trust with consumers.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

in October 2021*, the highest in more than three decades, as measured by the Consumer Price Index (CPI). Disruptions in global supply chains, labor market shortages, strong consumer demand. The annual rate of inflation in the United States hit 6.2% What can we expect in 2022?

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

ivalua

In this way, they can be ready to face a crisis like Covid-19 or various other potential challenges — extreme weather caused by climate change, consumer demand for sustainable and ethically produced goods, trade wars or political tensions, to name a few. . Start by Putting the Right Technology in Place.

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Canada: How a Tariff War Sparked a ‘Buy Canadian’ Revolution

Import and Trade Remedies

As tariffs are expected to drive up the cost of imported goods, Canadians are increasingly turning to domestically-produced products. To meet this growing demand, many companies are emphasizing the Canadian origin of their products through labeling and product claims.

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Government Contracts Inflation Update

Procurement Notes

First , PPI “does not include imports, because imports are by definition not produced by domestic firms.” [10] 10] In contrast, CPI covers the prices consumers pay, irrespective of whether a good or service is imported or domestically produced. Further, higher labor costs also support higher consumer demand.