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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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Top 5 Use Cases of New-age Demand Planning and Forecasting Solutions

ThroughPut

How can AI-powered tools and solutions enable success in this new reality? The Top 5 Use Cases of AI-powered Demand Planning and Forecasting Solutions 1. Getting the right data inputs that correlate with varying customer purchase patterns is becoming increasingly complex, and therefore, that much harder to detect or predict.

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Holding Ourselves Accountable for Business Results

Supply Chain Shaman

In fact, in our Supply Chains to Admire analysis, we find that this is true in twenty-five of twenty-eight industry sectors studied. of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? How could the industry spend 1.7%

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Logistics Predictions: How Did We Do in 2022 and What Will 2023 Look Like?

Logistics Viewpoints

Let’s take a look at what happened with the major themes, as well as the research and analysis we conducted in 2022 to help determine what those themes will look like in 2023. Source: Descartes Datamyne. 2030 call: Retailers will embrace sustainability for home delivery. Despite many calling for U.S. Figure 1: U.S. Let me know.

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Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

The concept of ethical sourcing has risen in popularity during the past four years.” . In April 2021, food giant Hershey Food announced its “ No Deforestation Policy ” to end deforestation across its supply chain by 2030. found that consumers would stop purchasing brands with ethics issues. Consumer Buying Trends.

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Scope 3 emissions, Explained

crisp

Until recently, reporting scope 3 emissions – which include indirect sources that organizations contribute to – has been optional. Scope 3, however, includes indirect emissions from an organization’s business activities, and sources they do not own or control. Example: The tea company purchases a new truck and factory.

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The Future of xP&A and Supply Chain Planning – Part 2

Supply Chain Trend

Extended Planning & Analysis , xP&A, is the evolution of financial planning beyond the finance function. Financial professionals are supported by cloud FP&A solutions to collaborate, budget, plan, and forecast. It must be able to read multiple data sources and dynamically update those sources if required.