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6 Ways Energy Companies Can Benefit from Procurement Technology

EC Sourcing Group

The energy sector faces several unique procurement challenges, such as complex supply chains, volatile commodity prices, strict regulatory requirements, and the need for sustainable and socially responsible sourcing. Cost Optimization : Commodity prices in the energy sector can be highly volatile.

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Achieve the Environmentally Sustainable Supply Chain Consumers Demand

Logility

There are six goals for environmental supply chain sustainability: Reducing energy consumption. Utilizing return and restore. GSCM includes green initiatives to accomplish the ultimate goals: green materials, green production, reverse logistics, closed-loop supply chains, and green procurement and returns. Improving waste.

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Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains

The Logistics & Supply Chain Management Society

Breaking Boundaries: Exploring Generative AI’s Impact on Supply Chains Supply chains encompass many interconnected activities, from procurement, production, and inventory management, to logistics and distribution. These activities involve numerous stakeholders, such as suppliers, manufacturers, distributors, and retailers.

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RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit

Synovos

RS Integrated Supply’s Costanza Campi to speak at World Procurement Excellence Summit WARRINGTON, UK / RADNOR, PA 8 AUGUST 2023 – Costanza Campi, Senior Vice President of Global Procurement for RS Integrated Supply, has been selected to present at the upcoming World Procurement Excellence Summit in Cologne, Germany.

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Will the Circular Economy Ever Go Mainstream?

Enterra Insights

The Ellen MacArthur Foundation , a leading proponent of the circular economy, defines it this way: “The circular economy refers to an industrial economy that is restorative by intention; aims to rely on renewable energy; minimizes, tracks, and hopefully eliminates the use of toxic chemicals; and eradicates waste through careful design.”

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Breakbulk Americas with Jeff Tucker

The Logistics of Logistics

As a global conference, exhibition and networking experience, we attract some of the biggest oil and gas companies and top-performing engineering, procurement and construction firms, all groups who are eager to capitalize on the benefits of Breakbulk Americas and connect with new supply chain partners. About Breakbulk Americas.

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Smarter, Not Harder: How to Climb Every Peak in Supply Chain Planning

Logility

The average volume, rising expenditures, and varying price arrangements for each item across multiple suppliers further complicate the procurement landscape. This broad spectrum must be captured fully, including metrics on energy consumption, water usage, and overall environmental impact,” explains Vethuizen. Take, for example, PVH.