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. In this post, we explore what ethical procurement means and why it is so important.

Ethics 52

Ethics Import Procurement Supply Chain 52

Public Procurement Intl

OCTOBER 21, 2024

Around the world, governments are embracing “green procurement” – environmentally sustainable strategies to reduce global greenhouse gas emissions and other forms of pollution. government in April 2024 issued a final rule calling for contracting officials to plan to procure sustainable and services “to the maximum extent practicable.”

Procurement 147

Procurement Procurement Strategies E-procurement Bidder 147

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) But since its inception more than 50 years ago, supplier diversity programs have spread beyond public procurements and now many privately held U.S. businesses proudly maintain robust supplier diversity programs.

Business Strategy 64

Business Strategy Supplier Supply Chain Ethics 64

ivalua

JULY 15, 2021

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.

Supply Chain 52

Supply Chain Sustainability Supplier Ethics 52

The Softly Spark

AUGUST 24, 2023

Contributing Author: Anushka Musinipally Wayfair’s Shop Sustainably program presents an opportunity to showcase sustainable home goods products to eco-conscious consumers, increasing the chances that they will be viewed by customers. They welcome all suppliers–no matter how big or small.

Sustainability 52

Sustainability Supplier Retail Purchasing 52

ivalua

JULY 6, 2021

As mentioned in Part I of this series on supplier diversity , the United States has taken over half a century to develop its supplier diversity culture into what it is today. There have been impressive examples of supplier diversity efforts in other countries, as well. Raising the Bar in Supplier Diversity Down Under .

Supplier 52

Supplier Tender Procurement Buyers 52

ivalua

MAY 18, 2022

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.

Supplier 52

Supplier Management Collaboration Supply Chain 52

The Softly Spark

JANUARY 13, 2025

Sustainable products are experiencing growth in both profits and consumer demand. To successfully market your sustainability efforts, you must carefully navigate the fine line between legitimate marketing and greenwashing. Recommendation: Partner with suppliers who prioritize sustainability.

Sustainability 52

Sustainability Transparency Retail Education 52

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. This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment. .

Supply Chain 52

Supply Chain Supplier Ethics Sustainability 52

Oxford College of Procurement and Supply

MAY 28, 2024

As procurement professionals we spend a lot of time categorising our products, services and suppliers. But do we take enough time in understanding how our suppliers see us? By using the Supplier Preferencing Matrix we can start to understand where we fit in the suppliers’ opinions.

Supplier 59

Supplier Supply Chain Procurement Accountability 59

Tracker Intelligence

FEBRUARY 22, 2025

Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement. A transparent approach lowers procurement risk, prevents corruption, and fosters confidence between suppliers and public sector organisations.

Public Procurement 52

Public Procurement Transparency Procurement Tender 52

Scottish Government Procurement

SEPTEMBER 29, 2023

We will continue to promote the use of sustainability tools and Climate Literacy training uptake across the sector. Also in line with our environmental initiatives, we’re actively collaborating with our top 100 suppliers to gather climate plans. Together, we can achieve ambitious goals and usher in a sustainable tomorrow for all.

Supply Chain 70

Supply Chain Public Procurement Procurement Sustainability 70

Oxford College of Procurement and Supply

FEBRUARY 19, 2024

Just because the purchase order is placed with the supplier , our work as procurement professionals is not done. At this stage of the procurement cycle (stage 10), our work should be focusing on the management of the contract to ensure that the supplier is delivering as per our expectations. KPIs also motivate suppliers.

Import 59

Import Procurement Supplier Supply Chain 59

Tracker Intelligence

NOVEMBER 20, 2024

Advanced analytics tools are being integrated into procurement operations, enabling public and private organisations to rethink procurement processes, supplier relationships and cost optimisation. This knowledge enables procurement professionals to streamline operations, optimize spending patterns, and improve supplier performance.

Efficiency 52

Efficiency Procurement Data Supply Chain 52

ivalua

NOVEMBER 29, 2021

ESG initiatives significance in your Supplier Management Strategy. How to incorporate ESG data into sourcing, procurement, and supplier management decisions. A global pandemic, water shortages, wildfires, deadly floods across the globe, and labor & human rights issues have propelled sustainability into the spotlight. .

Supplier 52

Supplier Sustainability Data Integration 52

Tracker Intelligence

DECEMBER 30, 2024

Inclusive Opportunities: Public procurement can be a tool to promote equality, diversity, and inclusion by prioritising contracts with suppliers committed to these ideals. It also aligns with global goals like reducing greenhouse gas emissions and promoting sustainable development. Why Does Social Value Matter In Public Procurement?

Public Procurement 52

Public Procurement Procurement Supply Chain Tender 52

Tracker Intelligence

NOVEMBER 4, 2024

Pre-negotiated terms are provided that reduce the complexity for contracting authorities in procurement whilst allowing suppliers to capture opportunities more efficiently. These agreements take on even greater importance under the Procurement Act 2023, with greater emphasis on transparency, competition and sustainability.

Framework Agreement 52

Framework Agreement Procurement Supplier Tender 52

Oxford College of Procurement and Supply

SEPTEMBER 24, 2024

Part of our role as Procurement Professionals should be to ensure that the specifications put to us from suppliers, or those created in-house are (1) fit for purpose and (2) thinking about and reflecting good ESG practice. Ensuring that the ingredients, components and labour are ethically sourced and recycled if possible is important.

Procurement 59

Procurement Logistics Sustainability Manufacturing 59

ivalua

APRIL 22, 2021

This has led many companies to consider diversifying their networks to include more onshore suppliers in order to reap the benefits of having a supply chain that’s a bit closer to home. . In many cases, international markets have different environmental and ethical regulations when it comes to how suppliers operate and treat their employees.

Supply Chain 52

Supply Chain Supplier Freight Ethics 52

ivalua

SEPTEMBER 13, 2021

Unsurprisingly, sustainability is the top priority, with 67% of respondents actively measuring CSR performance. However, only 33% have defined official sustainable policies and targets. Social and ethical priorities are close behind but still lag. This is followed by a lack of systems to enable effective, scalable collaboration.

Consulting 52

Consulting Supply Chain Automotive Supplier 52

Kluwer Arbitration

APRIL 19, 2024

Supply Chain Due Diligence (“SCDD”) laws, such as the German Lieferkettensorgfaltsgesetz , the recently approved EU Corporate Sustainability Due Diligence Directive , or the U.S. As an advocate for such laws, I recognise the urgent need to make supply chains fairer and more ethical.

Supply Chain 52

Supply Chain Ethics Supplier Corruption 52

Tracker Intelligence

FEBRUARY 12, 2025

Whether you’re a supplier trying to land your first contract, a business just getting into understanding government procurement, or a pro looking to stay on top of compliance, this glossary is your go-to guide. The contracting authority or government agency sets the rules, picks the best supplier, and ensures everything runs smoothly.

Public Procurement 52

Public Procurement Procurement Supplier Tender 52

ivalua

MAY 6, 2021

These include faster co-innovation with suppliers, working with sustainable and ethical suppliers and empowering employees — all of which will lead to increased business agility. . Forrester’s study of 500 Procurement Professionals looked into the opportunities for SVM software to help return business to sustained growth.

Procurement 52

Procurement Supply Chain Supplier Collaboration 52

ivalua

SEPTEMBER 19, 2022

In these instances, tradeoffs have been made, such as impeding carbon emissions reduction progress through the use of less sustainable products or carbon intensive transportation options. Organizational abilities to effectively assess risk and engage suppliers to mitigate it are woefully lacking in most cases. Few knew until impacted.

Supply Chain 52

Supply Chain Risk Management Management Supplier 52

ivalua

OCTOBER 25, 2022

Nearly a third (32%) of procurement teams concede to cutting corn ers with their sourcing criteria for suppliers to secure supply. Lowering due diligence standards can lead to unexpected quality, ethical, or sustainability issues. Ivalua is a leading provider of cloud-based Spend Management software.

Procurement Team 52

Procurement Team Supply Chain Procurement Supplier 52

ivalua

JUNE 1, 2022

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.

Finance 52

Finance Supply Chain Procurement Supplier 52

The Procurement School

FEBRUARY 6, 2024

These professionals excel in managing supplier relationships, understanding contract nuances, and mitigating risks. From strategic planning and effective communication to ethical procurement and sustainability, we ensure our students develop a well-rounded skill set essential in today’s procurement landscape.

Supply Chain 52

Supply Chain Efficiency Procurement Management 52

ivalua

MAY 9, 2023

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.

Procurement 52

Procurement Supplier Collaboration Supply Chain 52

ivalua

DECEMBER 14, 2020

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.

Procurement 52

Procurement Supply Chain Supplier Manufacturing 52

Oxford College of Procurement and Supply

JULY 17, 2024

From our perspective we can help reduce defects by ensuring we conduct our due diligence on suppliers, set KPIs to manage performance and work closely and cross-functionally with our stakeholders to ensure needs are understood and requisitions are actioned. Think about how LEAN could impact your business.

Inventory 59

Inventory Manufacturing Transportation Transportation 59

How to Crack a Nut

SEPTEMBER 19, 2024

A good example of this is the use of public procurement to contribute to the promotion of sustainability objectives, even to the detriment of traditional aims such as ensuring the best value for money in a strict, financial sense. Still, public procurement does account for approx.

Public Procurement 59

Public Procurement Procurement Supplier Evaluation 59

ivalua

OCTOBER 24, 2022

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%). .

Supply Chain 40

Supply Chain Procurement Procurement Team Supplier 40

The Coalition for Government Procurement

FEBRUARY 8, 2024

Of note, the bills would require the NIST guidance to include standards by which a supplier would have to attest compliance in order to be eligible for a federal artificial intelligence contract award. Within six months, the Office of Management and Budget would have to require the implementation of the Framework by federal agencies.

E-procurement 52

E-procurement Price Negotiation Utilities Procurement 52

University of Bristol

OCTOBER 21, 2024

2) In carrying out a covered procurement, a contracting authority must treat suppliers the same unless a difference between the suppliers justifies different treatment. (3)

Procurement 52

Procurement Public Procurement Public Goods Accountability 52

ivalua

SEPTEMBER 26, 2019

Many countries have also introduced new regulations on sustainability (modern slavery, conflict minerals), or diversity, which add new risk factors in terms of compliance. Some of this work should include building better relationships with suppliers and colleagues. Make Risk Management Part of DNA. Mike Tyson.

Supply Chain 40

Supply Chain Risk Management Management Supplier 40

The Coalition for Government Procurement

OCTOBER 24, 2024

Sustainable Excellence Award – Presented to a government agency or contractor that has made outstanding contributions that meet the Federal Government’s sustainability goals. The rule notes that contractors could face contractual penalties if DIBCAC finds them noncompliant.

E-procurement 52

E-procurement Price Procurement Logistics 52

Government Contracts Legal Forum

JANUARY 5, 2024

Section 826 also requires the Under Secretary of Defense for Acquisition and Sustainment to issue implementing guidance no later than thirty days after the NDAA’s enactment.

Government 40

Government Government Export Data 40