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Sustainability in Procurement: Strategies and Challenges

ivalua

Sustainable and socially responsible procurement practices that cover the full spectrum can provide end-to-end visibility that facilitates monitoring and compliance, and delivers continuous value to the business. Among these practices are supplier identification through sourcing, relationship management, and reporting.

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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? When businesses start working with local suppliers, they become part of a growing cycle of economic development.

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Wake Up AP, Before it’s Too Late! E-invoicing Mandate | France 2024

ivalua

E-invoicing Mandate | France 2024 March 27, 2023 | | Procurement Strategy by Steve Carter The biggest change to Accounts Payables since the introduction of double entry journals is about to hit finance departments–but are they prepared? Every supplier will be forced to send Government approved invoices to their clients.

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The Role Of Social Value In Public Procurement: Driving Community Impact

Tracker Intelligence

Inclusive Opportunities: Public procurement can be a tool to promote equality, diversity, and inclusion by prioritising contracts with suppliers committed to these ideals. Environmental impact Another facet of social value procurement is environmental sustainability.

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The Coronavirus Is Shattering Traditional Supply Chains

ivalua

But for businesses of just about every type, the disruptive impact of the epidemic was something more ominous: It presented an existential threat to their survival. For most consumers, it was a disorienting and anxious time. Retail shops and eateries everywhere saw their business drop off precipitously. But recovery may be fragile.

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Improved procurement strategies could reduce public debt by as much as 1.8% This new way of managing contracts can fundamentally change the relationship of parties involved in public procurement. Better fiscal balances will contribute to greater macroeconomic stability. of GDP, according to FISLAC calculations.

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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

During the webinar, Ardent Partners highlighted a series of market trends and predictive scenarios for 2022, focusing on massive challenges brought on by the global pandemic that procurement organizations are facing today and present a thoughtful discourse on the road ahead. The Criticality of the Supply Chain (and Suppliers).