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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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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

A number of webinars we have held at GW Law School, including a July 2024 series on emerging international best practices, confirmed that there are many parallels between these “green procurementstrategies. Strategies In “Green Procurement,” 66 Gov. Planning The first strategy looks to procurement planning.

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What is Strategic Procurement, and How Can Cooperative Purchasing Help?

American City & Country

Develop a Strategic Procurement Plan Procurement shouldn’t be reactive; it should be proactive. Start by developing a strategic plan that aligns procurement goals with your organization’s overall objectives. I always ask myself, ‘How do we get more savings?’ ’ and this is the way to get those.”

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. What is Data Analytics in Procurement? contract compliance, procurement cycle efficiency).

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Impact of PPN 02/24 on AI Use in Public Procurement

Tracker Intelligence

The Growing Role of AI in Public Procurement The use of AI systems in public procurement brings a host of new benefits for organisations actively participating in the procurement process. This technology enables teams to collect vast amounts of data and have the ability to resolve complex data-related challenges.

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How Certified Procurement Professionals Drive Efficiency in Supply Chain Management

The Procurement School

Their training and certification equip them to develop and execute procurement strategies that align with organizational objectives. Their ability to leverage market trends and data-driven insights results in smarter purchasing decisions, enhancing the efficiency and effectiveness of supply chains.

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The Role Of Social Value In Public Procurement: Driving Community Impact

Tracker Intelligence

Ethical labour standards are non-negotiable, ensuring workers’ rights and well-being are protected throughout the supply chain. Anti-corruption policies further reinforce integrity in procurement, safeguarding public funds and fostering trust in government processes. How Does Tracker Intelligence Help In All This?