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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

Ivalua Spend Management Insights [ivory-search] 3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation May 30, 2023 | | Procurement Strategy by Sara Omer What is the Saudi Vision 2030 Program? Procurement and supply chain teams will play a crucial role in making this vision a reality.

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Holding Ourselves Accountable for Business Results

Supply Chain Shaman

Only four percent of companies outperformed their peer groups. While market potential declined, individual company performance declined faster. I strongly believe that we adopted practices in the last two decades that degraded performance and threw companies out of balance. The Focus Inside-out Supported by Functional Metrics.

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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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The Greenest Mile: Planning’s Role in Supply Chain Sustainability

Logistics Viewpoints

PwC reports that almost half of assets under management are held by investment firms committed to decarbonization. Similarly, UPS has strong commitments to sustainability and invests in many options, such as alternative fuel vehicles, e-cycles in dense cities, and carbon offsets for purchase with shipping. Buffering creates waste.

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RS Group releases report on its activities and strategy for Environmental, Social and Governance

Synovos

In November 2021, RS launched its 2030 ESG action plan, entitled ‘For a Better World’, which has four global goals and 15 ambitious actions for 2030. The approach also supports six of the UN Sustainable Development Goals and lays the foundation for the Company’s long-term vision to 2050.

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RS Group Achieves Back-to-Back Ecovadis Platinum Medal for Sustainability Excellence

Synovos

The platinum medal puts RS Group in the top 1% of the 100,000-plus rated companies assessed by EcoVadis with each company rated on the material sustainability risks and issues for size, location, and industry. The platinum medal achieved by RS provides stakeholders with confidence in the company’s ESG approach.

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Understanding Supply Chain Sustainability

Logistics Viewpoints

As I have written about before, supply chain sustainability , or the notion of going green, is a hot topic as companies and countries look at their overall carbon footprint and look for ways to be more environmentally friendly. Most companies do not look to tackle all 17 SDGs; instead, they focus their efforts on a few targets initially.