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Supply Chain Compliance is About to Get a Whole Lot Tougher

Logistics Viewpoints

In January 2023, the Germany Supply Chain Due Diligence Act will come into effect, requiring businesses to monitor supply chains for human rights violations and compliance with environmental standards. Now we are seeing a move to all encompassing (ESG) legislation with significant penalties.”. Environmental degradation.

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Procurement on the Thames: Ivalua’s London Summer Symposium

ivalua

At Ivalua, we recognized the need to stay ahead of these developments and organized our first annual Ivalua Summer Symposium in London on a wonderful sunny evening on the Thames to discuss the latest trends in procurement and supplier management. They asked, what can organizations do to optimize their strategic sourcing processes?

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Companies Must Pay Attention to Their ESG

Enterra Insights

Over half-a-century ago, economist Milton Friedman wrote a polarizing essay entitled “ The Social Responsibility of Business is to Increase its Profits.” In fact they are — or would be if they or anyone else took them seriously — preaching pure and unadulterated socialism.

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5 Tips to Leverage Digital Tools to Deliver Tangible Sustainability Improvements

ivalua

With mounting pressure for organizations to make tangible contributions to Environmental, Social, and Governance (ESG) initiatives, the procurement function must strategize to implement and report their collective efforts. ESG Objectives for Buyers. Supplier Selection.

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Three Links to Building a Sustainable Supply Chain: PLM, ESG, and SDGs

Arena Solutions

The hot topic on the tip of industry leaders’ tongues is—how do we build sustainability into our supply chain? The reality is many organizations are still working through their most pressing supply chain problems and asking questions such as: How do we get visibility into our supply chain? What goals do we want to pursue?

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Vendor Compliance Is Essential to Corporate Social Responsibility

Logility

It takes cooperation, collaboration, and visibility that enables effective monitoring across the entire supply chain to meet corporate social responsibility goals, and a digital supply chain platform is the key to achieving them. Your supply chain is only as sustainable as your suppliers. It’s just good business.

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How to Navigate ESG Risk with Supplier Management Software

QAD

Early adopters of environmental, social and governance (ESG) initiatives should be patting themselves on the back. ESG activity, initially driven by consumer demand and a general desire to do better, has grown into a massive movement that’s captured the attention of customers, investors and governments worldwide.