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Textiles 2030: Purpose is the new luxury for the fashion industry

Proxima

Textile 2030 is a ground-breaking initiative launched by UK sustainability leaders to drive the fashion industry towards systemic change and increased circularity. The current system is broken, and retailers are central to finding a solution. Rethinking procurement. But times are changing. A regulatory helping hand.

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

Supply Chain Shaman

During the pandemic, conventional planning systems were inadequate. Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. Belief in efficient procurement. Investment in indirect procurement hi-jacked investment in building value networks. Over the decade, the gaps grew.

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

Synovos

The objective of the EcoVadis methodology is to measure the quality of a company’s sustainability management system through its policies, actions, and results. The assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement.

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Overcoming The Barriers to Use Channel Data

Supply Chain Shaman

” (The use of the term “basics” is usually code for the implementation of Enterprise Resource Planning (ERP) to improve order-to-cash and procure-to-pay.). End-to-End Definition Implementation of enterprise data architectures to improve order-to-cash and procure-to-pay. Imagine Supply Chain 2030. Background.

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5 smart factory challenges and how to address them with ERP solutions

SYSPRO Smarter ERP

Although this increased digitalization comes with many benefits, the interconnected network of machines, communication mechanisms, and computing platforms that make up a smart factory system do not come without their challenges. Fortunately, ERP systems offer a solution to some of these challenges. Challenge 4: Finding skilled workers.

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Pushing the Supply Chain Reset Button

Supply Chain Shaman

If ERP system input includes lead time, why is there such bloat and a problem with inventory restatements? ” Most have the same values in the system as when it was installed. Today, we have an additional factor with inflation to add to the mix of issues, that changes the requirements for the “buy plan in procurement.”