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Why are KPIs Important in Procurement?

Oxford College of Procurement and Supply

KPIs are popularly related to areas such as: On time delivery Amount of rejects Cost reduction Ethical conduct Sustainable approaches Lead times KPIs can be written to measure any aspect of supplier performance but must be relevant to the contract to add value. The post Why are KPIs Important in Procurement?

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ICCA Hong Kong 2024: Advocacy, Procedures, and Ethics in Focus

Kluwer Arbitration

The discussion also addressed limitations to human cognitive skills, including the average attention span and the importance of engaging visuals. The speakers stressed the necessity of genuine credibility and discussed different ways of fairness.

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What does the German Supply Chain Act Mean for Procurement?

ivalua

The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. Export and import of certain hazardous wastes. Production of mercury-added products, use of mercury and treatment of mercury waste.

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New DOE investments boost next-generation batteries, storage tech

FedScoop

Chemicals used in energy storage technology are often sourced or processed in places and countries that can present ethical — as well as geopolitical — challenges. “Providing the scientific foundation to accelerate this important research is key to our economy and making sure the U.S.

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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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Thank You to This Week’s Training Participants!

The Coalition for Government Procurement

This week, the Coalition for Government Procurement held two important training courses for our members – MAS Basic Training: The Nuts & Bolts and GSA and VA Schedule Contracting Training for In-House Counsel.

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The Suppliers Perspective

Oxford College of Procurement and Supply

It is important for us to remember the suppliers perspective and to effectively communicate with them, so we receive the end product that we want. Finally, ensure you act ethically and sustainably at all times. Do not engage in any bad practice such as bribery, corruption or fraud.