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The Prebases module now simplifies the administrative tasks of the 90 spending units in Mexico City by strengthening market studies and obtaining direct information from suppliers, experts, and citizens. Download our infographic to get all the results at a glance. And read the full story here.
A lack of digital maturity and a focus on supplier cost and quality are also limiting green practices. 16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic.
With this mounting pressure to commit to Net Zero and CPOs goals and incorporate sustainability metrics into all aspects of procurement decisions and processes, businesses are looking to elevate ESG strategies with a mind for climate change, ethical social practices and stronger governance models.
Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. Just one-in-ten (10%) suppliers say that organisations always include sustainable practices in contracts and agreements. Suppliers have an important role to play in tackling climate change.
When it comes to the nature of buyer-supplier relationships, we’re entering a brave, new world. Organizations are increasingly dependent on suppliers to successfully bring innovative goods and services to market on time, improve ESG performance, and meet other objectives. Gain control of your supplier data.
Redwood City, CA – March 24th, 2022 – Ivalua, a global leader in spend management, today announced that it has been named a leader in The Forrester Wave : Supplier Value Management Platforms, Q1 2022. In today’s dynamic and uncertain environment, strong supplier relationships are a key competitive advantage. About Ivalua.
Avoid clicking on any suspicious links or downloading unknown attachments. Supplier Connections: Our job is to provide members with trusted cybersecurity supplier options, making it easy to find and purchase the right products and services at competitive prices, ensuring cost efficiency. Brought to you by:
Many organisations vowed to reach net zero during COP26, but suppliers say there is a lack of collaboration on green initiatives. Just one-in-ten (10%) suppliers say that organisations always include sustainable practices in contracts and agreements. Suppliers have an important role to play in tackling climate change.
Only 16% of beginners proactively monitor suppliers’ contracts for expiration and risk, versus 94% of advanced – this is critical for helping organizations manage today’s global supply chain challenges, such as the Coronavirus outbreak. ” Download the full “ Effective Procurement Performance Measurement ” study*.
Embedding sustainability into procurement can support organisations’ wider economic, social and environmental objectives as set out in relevant policies and/or strategies and can be adapted to reflect the nature of the contract. eLearning is available from the Sustainable Procurement Tools platform.
CTA April 28, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. A recent webinar hosted by Supply Chain Now, “Balancing Cost, Risk and Sustainability in the Midst of Uncertainty, ” took an in-depth look on what it takes to transform Procurement into a highly efficient function that supports these key initiatives.
It is the first public system able to monitor direct and indirect suppliers and integrate federal and state level environmental and social data daily. Amazon provides grant funding to accelerate sustainability research and innovation through the RNCF and the Amazon Sustainability Data Initiative ’s (ASDI) Promotional Credit Program.
At the same time, two-thirds (66%) of businesses admitted they were still reliant on such processes as part of their Procurement or supplier management function. Procurement is perfectly placed to help manage this growing risk landscape, support innovation and create sustainable cost savings. please visit: [link]. About the study.
Many businesses have become reliant on overseas suppliers due to their more competitive costs against sourcing at home. Katie is FCIPS (Chartered) accredited and is a published author of eight books on procurement, most recently on Sustainable Procurement. Watch The Webinar You can download the slides here.
By bridging the gaps, Amrest could even start the tendering process earlier with a wider range of suppliers. Suppliers can support company growth as part of the Amrest procurement journey. The level of supplier involvement depends on the category of spend. Engaging strategic suppliers in the process can help mitigate risks.
As the lynchpin to suppliers, they play a pivotal role in combatting the effects of inflation, ensuring supply continuity, complying with regulatory requirements, improving sustainability and other top business priorities. The biggest gains in sustainability typically come from working with suppliers rather than finding new ones.
Similar to how CRM manages everything around the customer, an S2P platform manages everything around the supplier. It is a crucial process for organizations that are looking to streamline their procurement activities, better manage spend and suppliers and increase operational efficiency. What is Source-to-Pay?
Only 16% of beginners proactively monitor suppliers’ contracts for expiration and risk, versus 94% of advanced – this is critical for helping organisations manage today’s global supply chain challenges, such as the Coranavirus outbreak. “ Download the full study here.
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. . Balancing New Priorities Makes Procurement More Valuable.
Introducing more sustainable procurement policies and processes presents an enormous opportunity for public authorities to not only contribute to reaching carbon emission reduction goals but also to drive sustainable societal and economic development. These were refined into simple sentences to express the green requirements.
Such change is pushing manufacturers (and their solution providers) to reinvent nearly every aspect of their businesses from demand sensing to the plant floor, logistics, sourcing, supplier management, and financial management. Manufacturers who master collaboration both internally and with suppliers will gain a sustainable advantage.
The data includes 123 fields, which can be used to calculate more than 51 procurement indicators related to market opportunities (competition, supplier performance), public integrity, value for money, internal efficiency and inclusion. In total, more than 131,000 tenders are published. Environment, people and society have to profit from it!
In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement’s value became evident, as did the importance of the supplier relationships they had built.
In the exhibitor hall you could visit the dozen or so partners, and ask to speak to a real live person, or watch videos, download information and so on. Ivalua’s mission is “all spend, all suppliers, no compromises”. Everything worked very smoothly. Over the course of the day, attendance peaked at one point to over 800.
New sustainability expectations and regulations – 61%. Although the majority of procurement teams have not cut corners with their sourcing criteria and suppliers to secure supply in this market, 32% have – which is a huge red flag. . Others are negotiating supplier contracts to cut costs (39%) and consolidating suppliers (36%). .
Sustainable Excellence Award – Presented to a government agency or contractor that has made outstanding contributions that meet the Federal Government’s sustainability goals. Click here to download the Sponsorship Prospectus. Thank you to our current sponsors of the Fall Training Conference!
The new FAS structure provides an opportunity to increase transparency through sustained engagement with industry in this important area. Green Proving Ground Seeking Sustainable Building Technologies On Monday, GSA opened its annual RFI seeking technologies for the Green Proving Ground program.
Click here to download the Sponsorship Prospectus. Level one and basic Level two certifications can be obtained through annual self-attestations submitted to the Supplier Performance Risk System (SPRS). Secure your sponsorship today and showcase your organization’s brand to the Federal acquisition community.
It includes a list of questions essential for mitigating the risks of procuring third-party software, as well as specific supply chain security controls that agencies should look for in prospective suppliers. They are updated every three years to reflect the latest advancements in safe and sustainable building techniques.
Nominee for DoD Acquisition Role to Review CMMC Federal News Network reports that Michael Duffey, the Presidents nominee for the Department of Defenses (DoD) Undersecretary of Defense for Acquisition and Sustainment, plans to review DoDs Cybersecurity Maturity Model Certification (CMMC) program before its final implementation if confirmed.
GSA Provides Updated Instructions on Identifying SUP Free Packaging GSA has updated an Interact post that explains how suppliers can garner a Single Use Plastic (SUP) free icon for products on GSA Advantage! can download the icon and use it on their website. To join, please contact Michael Hanafin at mhanafin@thecgp.org.
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