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The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. Challenges in this new manufacturer/supplier partnership Burton cites include: Risk management. Sustainability. Think of the brand Tom’s shoes. Think of the brand Tom’s shoes. Globalization. Integration.

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How to prepare for a transparent supply chain in 2021

SupplyShift

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made).

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How to prepare for a transparent supply chain in 2021

SupplyShift

To reuse the Kraft Heinz example, something like: Procure most electricity from renewable sources by 2025 and decrease energy usage by 15 percent. Decrease water usage by 20 percent at high-risk sites and 15 percent overall by 2025 (per metric ton of product made). Map all supplying sites. Align your internal partnerships.

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ERP Advantages and Disadvantages: How To Decide

Precoro

billion by 2025. ERP platforms are created to work for companies of all sizes and shapes, allowing users to tailor the system to their specific requirements, such as unique processes or unusual metrics. That's why the ERP market remains in a phase of rapid expansion, with the total market size expected to exceed $49.5

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eCommerce Business Explained: How To Sell Products Online

Unleashed

This modern business model functions as the online solution to making retail, manufacturing, wholesale, and service-based sales. eCommerce business vs. retail business vs. eBusiness Although eCommerce business is forecasted to account for 24% of all retail sales by 2025, eCommerce and retail aren’t always the same thing.