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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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Sustainable and Circular Procurement Practices in Public Sector Procurement

Tracker Intelligence

Public procurement encourages collaboration between government and private enterprises, in turn allowing public authorities to achieve sustainable and circular practices. The following blog will provide a more detailed exploration of creating sustainable procurement strategy, their benefits and challenges during implementation.

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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. Spend is led away from preferred suppliers. Lots of new suppliers added on a regular basis.

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How Green Supply Chain Strategies will help your Company Grow

ivalua

A recent survey that Ivalua did in the UK, “ Gaining the green view, How smart procurement can kick-start sustainability initiatives ” showed that 87% of UK businesses see “greener” supply chains as a competitive advantage. How can large companies address sustainable Supply Chain strategies?

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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. Spend is led away from preferred suppliers. Lots of new suppliers added on a regular basis.

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#1! Are you a Supply Chain Digital Champion?

ivalua

Consumers also expect transparency – in product origin, quality standards, and how organizations are improving their environmental and sustainability efforts. . Digital supply chains use one integrated network for all relevant supply chain partners, including procurement, suppliers, service providers, and even customers.

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BRAVIDA’s PROCUREMENT TEAM ACCELERATES ITS DIGITIZATION JOURNEY WITH IVALUA 

ivalua

Bravida is the Nordic region’s leading supplier of end-to-end technical solutions in service and installation.They help their customers to create effective and sustainable properties by providing installation and maintenance services for critical infrastructures.