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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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How Certified Procurement Professionals Drive Efficiency in Supply Chain Management

The Procurement School

P rocurement, a critical component of supply chain management, is transforming, driven by the expertise of certified procurement professionals. Armed with a Public Procurement Certificate , these individuals bring a new level of efficiency and strategic insight to the field.

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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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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

Additionally, by researching new suppliers every few months or so, they can ensure they’re always getting the best deal possible on the goods and services they need to sustain their operations. In order to stay ahead of inflationary trends, procurement teams need to be proactive and continuously adjust their strategies.

Price 105
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#ScotClimateWeek PPG round up

Scottish Government Procurement

As part of Scot Climate Week 2023 , we hear from some members of the Public Procurement Group (PPG) on how their organisations are embedding climate action in their procurement activities. We will continue to promote the use of sustainability tools and Climate Literacy training uptake across the sector.

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What is Ethical Procurement and Why is it Important?

Oxford College of Procurement and Supply

Ethical procurement refers to the consideration of a wide range of issues relating to the ethical and sustainability goals of an organisation. Ethical procurement is a company’s code of conduct and commitment to environmental, social and legal issues.

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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. This is actually proving to be a profitable strategy for many. It is clear that Procurement plays a big role in executing ESG strategies.