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

Synovos

The assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies.

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. The continued focus on functional metrics like Purchase Price Variance (PPV), manufacturing costs, Overall Equipment Efficiency (OEE), and transportation costs throws the supply chain out of balance. Belief in efficient procurement.

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Value-Based Purchasing in Healthcare Explained

Precoro

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). For example, let’s say a patient seeks treatment for lower back pain. We can observe American VBP programs as examples of how value-based purchasing can change the healthcare landscape.

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Pushing the Supply Chain Reset Button

Supply Chain Shaman

Concurrent macro forces–material shortages, war, shifts in consumer buying patterns, logistics constraints, inflation/recession, and climate change– are reshaping today’s reality necessitating the need for a supply chain reset button. Supply chain excellence happens when leaders manage complex non-linear flows.

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Four Strategies To Deploy As Supply Chain Hits Main Street

Supply Chain Shaman

Here are some examples: Disruption. For example, Friday, I spent an hour on the phone with Bonvoy (the new Marriott branding) to get disconnected three times. At the end of the day, customers buy based on value not on the cool factor of the technology. For example, demand planning does not flow to procurement or transportation.

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How Hong Kong is Enhancing its Sustainability Efforts

EcoVadis

Rated by the coverage and magnitude of impact, hereunder are four initiatives that are considered as major milestones of Hong Kong’s sustainability effort : Climate Action Plan 2030+, ESG Reporting as a Listing Rule under Stock Exchange Hong Kong (SEHK), Green Procurement Initiative by the Hong Kong Government, and.

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AI in eCommerce: Benefits, Use Cases, and Risks

Unleashed

Shoppers can now enjoy more personalised buying journeys, as merchants make it faster and easier to find the products that they’re most likely to purchase. Goods are being produced, procured, and delivered more efficiently with reduced costs. These examples are just the tip of the iceberg. How is AI used in eCommerce?