ivalua
AUGUST 21, 2022
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.
Oxford College of Procurement and Supply
SEPTEMBER 8, 2023
Ethical procurement is becoming increasingly important in our ever more complex, interconnected, and global economy. In the past, the main focus for most companies was profit, but more and more companies now understand and value ethical procurement. What is Ethical Procurement? What is Ethical Procurement?
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American City & Country
NOVEMBER 18, 2024
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. Cooperative purchasing can help you stay agile and strategic in your procurement activities.
Tracker Intelligence
NOVEMBER 20, 2024
Predictive Analytics: Uses advanced data analytics, such as machine learning, to predict future demand, analyze potential supply chain risks, and facilitate informed procurement decisions. Analytics can help organisations to identify opportunities for cost savings, improved contract compliance and better procurement strategies.
ivalua
AUGUST 11, 2021
Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. There is a growing trend among consumers for responsible sourcing or ethical sourcing. This is actually proving to be a profitable strategy for many.
Tracker Intelligence
DECEMBER 8, 2024
In another report, researchers found that by utilising artificial intelligence systems around the clock, organisations can reduce their time spent on mundane procurement processes by as much as 60 per cent. AI compliance in public procurement remains a developing process. What is PPN 02/24?
Scottish Government Procurement
SEPTEMBER 29, 2023
As part of Scot Climate Week 2023 , we hear from some members of the Public Procurement Group (PPG) on how their organisations are embedding climate action in their procurement activities. This commitment extends to their procurement and supply chain management, which is a vital part of sector activity.
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