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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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Value-Based Purchasing in Healthcare Explained

Precoro

Yet there’s a proactive approach that addresses the high cost of healthcare: value-based purchasing (VBP). Under a fee-for-service model, the healthcare provider might order multiple imaging tests, prescribe pain medications, and refer the patient to physical therapy sessions, each resulting in additional payments.

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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). of revenue on IT solutions and expensive solutions to improve performance, yet degrade balance sheet results against peer group sectors in tough markets? Use the report to better define outcomes. How could the industry spend 1.7%

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

Locus

E-commerce is becoming a reality,” the management consulting company stated, “reinventing consumers’ path to purchase, forming new customer experiences , disrupting business models, and creating growth opportunities for large and small retailers as well as for a new generation of pure E-commerce players.” In 2019, Bain & Co.

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5 Ways Technology Can Help Logistics Companies Tackle New Year Demand

Locus

According to a McKinsey report , the technological progress we experience in the next decade will be more than the last 100 years. According to a recent report , about half the existing activities will be automated in the next few decades, making next-level process automation and virtualization the norm. Getting up to speed.

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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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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.