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Sustainability in Procurement: Strategies and Challenges

ivalua

For Heads of Procurement, CSR is now a major consideration. In our survey, Heads of Procurement ranked supply chain fair labor practices (68% of respondents) and preventing bribery and corruption (52%) as a high priority in their CSR endeavors. Strategies to Improve Sustainability in Procurement.

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Top Supply Chain Execs to Watch in 2024: Peraton’s Bill Mertz

WashngtonExec

Bill Mertz Chief Procurement Officer, Peraton Bill Mertz is responsible for all aspects of the companys procurement organization, including supply chain operations, strategic sourcing and subcontractor management.

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Modernizing Public Infrastructure: The Power of Strategic Procurement

The Procurement ClassRoom

Fraud Detection : Machine learning models can monitor procurement transactions for irregularities, reducing corruption risks. Supply Chain Optimization : AI can enhance supply chain performance by analyzing vendor reliability, delivery timelines, and cost trends.  

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

ivalua

What Will Impact Procurement Processes in 2021? Supply Chain Transformation is ongoing but never more important than in 2021. Supply Chain Risk and Supply Continuity: Risk moved front and center of Procurement during the pandemic, as procurement organizations grappled with constrained supply chains.

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The Coronavirus Is Shattering Traditional Supply Chains

ivalua

A March 11 analysis by trading platform Forex.com claimed that nearly 75% of all companies had already reported supply-chain disruptions, with more than 80% believing that at some point they would experience impacts as a result of COVID-19 disruptions. So, when its supply chain broke, the ripple effects came about quickly.

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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.

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

ivalua

Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic. Ensuring supply chain continuity, identifying new revenue opportunities, and improving decision making are key focuses as firms recover from the pandemic.