EcoVadis
JULY 13, 2018
No matter what industry you operate in, procurement can create immense value — in some sectors, for instance construction, as much as 80 percent of revenue goes into the supply chain. Unlike many other standards, ISO 20400 is not intended for certification, but it may lead to performance assessments. What Are the Key Benefits?
EcoVadis
MAY 9, 2018
Direct purchasing by governments and state-owned enterprises accounts for 12 percent of GDP in OECD countries, and in the U.K. Sustainable public procurement can also be beneficial from the economic perspective: It can generate income, reduce costs and promote innovation among domestic producers. National Procurement Standards.
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Enterra Insights
JUNE 1, 2021
Back in 2017, Andrew Busby ( @andrewbusby ), Founder and CEO of Retail Reflections, declared, “Cognitive computing is forever changing how we shop. 4] • Forecasting : Paul Winsor ( @PaulWinsor1969 ), general manager of retail at DataRobot, observes, “The really impactful part [of cognitive analytics] is around forecasting.
NC State SCRC
AUGUST 23, 2016
A new post discussed the development of a sustainable procurement standard developed by the International Standards Organization. It’s about time that the concept of sustainable procurement has a standard established around it. Reduce cost of purchased commodity by 10 percent in two years.
Enterra Insights
APRIL 22, 2019
Reporting on this development, Jennifer Smith ( @jensmithWSJ ) and Sarah Nassauer ( @SarahNassauer ) write, “Looking to cut inventory while meeting e-commerce demands, the retailer wants more of the goods it orders delivered on time and in full. ” Purchasing – “The KPI most used in Purchasing Departments is Stock Turn.
Supply Chain Game Changer
APRIL 4, 2019
Where does Procurement stand in your organization’s Value Chain? I speak with Procurement, Sourcing and Purchasing professionals every day, from various globally functioning organizations, and there’s a resounding similarity in every one of those conversations…. Procurement is?—?still?—?largely Secondary: Procurement ?—?is
Logistics Bureau
OCTOBER 20, 2021
These key metrics become your organisation’s “multi-function display” and give you the primary data needed to monitor and manage “normal flight conditions.” ” Feel free to track lots more metrics in the background if you wish, but try to keep attention focused on the five or six “real KPIs.”
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