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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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Holding Ourselves Accountable for Business Results

Supply Chain Shaman

To make the point, let me share an orbit chart for four industries (reference Figure 1). In general the ERP technology providers underperformed, and the investment was an opportunity cost to the adoption of new forms of analytics and building effective business networks. The Focus Inside-out Supported by Functional Metrics.

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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). VBP also improves patient satisfaction by fostering greater collaboration among healthcare providers and making the patient experience one of the key evaluation metrics for hospitals.

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How Not To Commit To ‘Net Zero’: 5 Common Carbon Strategy Mistakes

Provenance

The NewClimate Institute recently reported a threefold increase in the number of businesses setting net zero goals, from 500 at the end of 2019 to 1,565 in October 2020. It’s mandatory for businesses to report on both Scope 1 (direct emissions) and Scope 2 (indirect emissions from the energy they buy). Would be a lot quicker.”.

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Optimizing Last-Mile Fulfillment for FMCG Businesses in the Middle East

Locus

predicted that the retail industry in the Middle East and North Africa (MENA) is on the verge of a pivotal shift. “E-commerce A recent report predicts that by 2030 , the share of smartphone connections in the Middle East and North African (MENA) regions will reach 92 percent from 76 percent in 2022.

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5 Ways Technology Can Help Logistics Companies Tackle New Year Demand

Locus

Better technology is also responsible for minimizing costs and error, as well as increasing productivity, thus leading to resilient supply chains. According to a McKinsey report , the technological progress we experience in the next decade will be more than the last 100 years. Getting up to speed. Virtual as the new reality.

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How to leverage AI and ML for an Effective promotional pricing strategy?

Cognira

Offering items below their regular retail prices cultivates a sense of urgency, often referred to as the “Fear of Missing Out” (FOMO), which encourages immediate purchases. Retailers have long embraced this method, employing tactics such as “buy one, get one,” discounts, and coupons, especially in e-commerce.