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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. In a report produced recently by Procurious, Procurements leaders reported benefits in supplier collaboration, sales, brand perception and product/service quality.

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Six opportunities to promote resilience and decarbonization through fiscal policy

Inter-American Development Bank

These policies can also provide greater resilience to the economy and address the distributional impacts of the transition, safeguarding the sustainability of public finances and avoiding the emergence of stranded assets. The following is a summary of the main opportunities found in this new publication.

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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.

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10 Key Issues The Hackett Group Says Will Impact Supply Chain Transformation in 2021

ivalua

In a recent webinar hosted by Ivalua , Chris Sawchuck, Principal and Global Procurement Advisory Practice Leader from The Hackett Group shared 10 key issues that will have a significant impact on Procurement organizations in 2021. For the last several years, sustainability was among the top 10 priorities in Europe, and now in the U.S.

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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? Procurement and supply chain teams will play a crucial role in making this vision a reality.

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Ivalua Study: Tech Challenges Hinder Procurement

ivalua

This is because organisations continue to face challenges when it comes to harnessing technology in procurement, with existing systems not being fit for purpose (36%), poor data quality reducing trust in information (36%) and staff having inaccurate expectations of what technology can do (34%). . Download the full study here.

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What’s the Difference Between Direct vs Indirect Procurement?

ivalua

It includes internal and external stakeholders, such as those from procurement, engineering, logistics, accounts payable, the supply chain management team, as well as the suppliers that make up the supply chain. Click here to talk to Ivalua about your Procurement strategy. appeared first on Ivalua.