Remove Ethics Remove Procurement Strategies Remove Supply Chain
article thumbnail

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.

article thumbnail

What is Ethical Procurement and Why is it Important?

Oxford College of Procurement and Supply

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?

Ethics 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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. Enhance Supplier Relationships Strong relationships with suppliers are the backbone of effective procurement.

article thumbnail

#ScotClimateWeek PPG round up

Scottish Government Procurement

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.

article thumbnail

What is Responsible Sourcing?

ivalua

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. Key Elements of a Responsible Sourcing Strategy.

article thumbnail

A Supplier’s Perspective

Oxford College of Procurement and Supply

An attractive account is one that pays on time, communicates well, promotes innovation, builds trust, is ethically aware, forward thinking, environmentally friendly and sustainability focused. A core account from a supplier’s perspective should, ideally, map to a strategic account from the procurement/buyer’s perspective.

article thumbnail

How Certified Procurement Professionals Drive Efficiency in Supply Chain Management

The Procurement School

P rocurement, a critical component of supply chain management, is transforming, driven by the expertise of certified procurement professionals. Armed with a Public Procurement Certificate , these individuals bring a new level of efficiency and strategic insight to the field.