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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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Procurement strategies shifting to restore growth post-COVID-19, reveals Ivalua research

ivalua

However, the research reveals that many organisations feel their procurement strategies are being hampered by outdated technology: Organisations believe that overly dispersed (72%), unactionable data (70%), and a lack of embedded best practices (70%) are limiting overall value from technology solutions. Download the full study *.

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Procurement Strategies Shifting to Restore Growth Post-COVID-19, Reveals Ivalua Research

ivalua

However, the research reveals that many organizations feel their procurement strategies are being hampered by outdated technology: . For many organizations, procurement was crucial to keeping supplies flowing during the pandemic and minimizing the impact on profitability. comments David Khuat-Duy, Corporate CEO at Ivalua.

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How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

Government procurement refers to the purchase of common goods, works and services by government agencies, usually from private sector suppliers. The popularity of government procurement contracts has persisted ever since. It can’t go bankrupt and has an obligation to pay its suppliers on time — within 30 days.

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A Supplier’s Perspective

Oxford College of Procurement and Supply

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.

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How Certified Procurement Professionals Drive Efficiency in Supply Chain Management

The Procurement School

Key Contributions of Certified Procurement Professionals Certified procurement professionals significantly improve supply chain operations. Their training and certification equip them to develop and execute procurement strategies that align with organizational objectives.

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Procurement Digital Transformation Sets the Stage for Delivering Game-Changing Benefits for Ahlsell

ivalua

Ahlsell, a prominent international retail solutions provider, has led a complete digital transformation overhaul with a central focus on trading goods supplier management. Acting as a complementary partner to their suppliers, Procurement is a central target and strategic function for Ahlsell. billion in annual sales.