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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.

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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”. By 2025, many Directors will be Millennials and will drive to find renewable disposition and consumption approaches to resources while balancing ways to drive revenue. Sustainability. Globalization.

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Conquering the Explosion of Supply Chain Planning Data

Logility

Structured and unstructured data including that from social media, Internet of Things (IoT) and Blockchain sources continue to stream in but much is left untouched. The total amount of business data is estimated to double every 18 months and by 2025 the World will create 463 Exabyte’s of data daily. Demystifying Data Units.

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The Fashion Retail Supply Chain is a Speed Game Now More Than Ever

Locus

While the top apparel and accessory brands agree that product quality should get better with time, inventory priorities are always fluctuating. Only a modern and digital supply chain that is ever-evolving can manage the product quality, inventory volume, and fashion supplier relationships that the industry requires. million by 2025.

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Improve Operational Efficiency and Eliminate Internal Complexity Through Digital Procurement

Synovos

Better Data for Better Decision-Making Similar findings emerged from the PwC 2022 Digital Procurement Survey , which reported that 77% of companies are now equipped with source-to-pay digital solutions and procurement departments around the world are setting ambitious digitalization objectives for 2025.

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Advancing Diversity, Equity, and Inclusion in Your Supply Chain

SupplyShift

By 2030, Kroger aims to spend US$10bn on diverse suppliers—businesses owned by people of color, women, veterans, and LGBTQ+ individuals; by 2025, Target intends to spend more than US$2bn with Black-owned businesses. It is a dance in which you adjust to the styles and rhythms of your sourcing partners.