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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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Improving Sustainability Within Your Supply Chain

Synovos

Improving Sustainability Within Your Supply Chain You don’t have to do it all alone, says a senior director of procurement. At the same time, ESG is increasingly becoming a key performance indicator (KPI) to measure business success. When I talk to people, it is at the top of both theirs and their customer’s agendas.”

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

Measure KPIs by a point in time —we will increase the number of ESG-compliant suppliers by 40% by 2030. Measure KPIs by a period of time —we will decrease C02 emissions by 50% in the four-year period from 2021 to 2025. They must also follow hard deadlines and KPI targets. Struggling to choose?

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How to Set Corporate Goals for Supply Chain ESG

SupplyShift

These goals fall into one of two primary types: Absolute goals , which only take KPIs into account—for example, reducing GHG emissions 30% by 2025. Relative goals , which compare the KPI to a unit of output—for example, reducing Scope 1 GHG emissions per unit of company sales 25% by 2025. Struggling to choose?

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The Evolving Landscape of Artificial Intelligence (AI) in Supply Chains & Logistics

ThroughPut

Because supply chain managers deal with heterogeneous purchasing, procurement, and logistics across global supply chains, they tend to have more complex business processes than out-of-the-box traditional software can handle. trillion to the global economy by 2030. AI in Supply Chain can help in Optimization. 3) DIVE INTO YOUR DATA.