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What is Responsible Sourcing?

ivalua

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. Responsible sourcing requires a shift in thinking and priorities. There is a growing trend among consumers for responsible sourcing or ethical sourcing.

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Unlocking Success: Why Strategic Sourcing Is Important for Your Company

Precoro

To enhance their competitive edge, companies across industries are adopting a key tactic: strategic sourcing. Strategic sourcing is a holistic approach to supply chain management that includes tactics for optimizing the total cost of ownership, improving supplier relationships, and ensuring long-term value creation.

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Global Fulfillment Innovation Centers on ESG in 2023

ModusLink Corporation

Global Fulfillment Innovation Centers on ESG in 2023. As reported by the Harvard Business Review , “an organization must view the available options and then adapt in near-real time by collaborating with external partners” (Padgaonkar). This requires focusing on sustainability, transparency, and innovation across the supply chain.

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How manufacturers can enable innovation on the factory floor

SYSPRO Smarter ERP

There is a common cliche that necessity is the mother of invention – and by extension, innovation. The past two and half years have certainly brought a variety of challenges and opportunities that have made innovation not just a preference, but essential for manufacturers and distributors to thrive into the future.

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From Requirements to Launch: Arena’s Expanded QMS Capabilities Help Speed Innovation

Arena Solutions

Regardless of the business, today’s manufacturers are under pressure to innovate faster and gain first-mover advantages while operating under the constraints of stringent regulatory requirements and greater product complexity. With conventional office tools such as Excel and Word, keeping documentation up to date is a painstaking task.

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Sustainable eCommerce: Examples of Environmentally Friendly Online Retail

Ware2Go

Learn how businesses of all sizes can help build a more sustainable eCommerce industry, with examples of environmentally friendly brands that are leading the way. Their fashionable sneakers are made from sustainably sourced materials and are fully recyclable. In 2022 alone, eCommerce returns generated 9.5 million cars to the road.

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Use of Blockchain in Supply Chain & Logistics: Looking to Examples Across Industries for Better Understanding

GlobalTranz

Even JP Morgan, Microsoft, and Google, reports Jonathan Chester of Forbes , are working to increase blockchain development and innovation, and supply chain leaders need to understand how the use of blockchain in supply chain and logistics will bring about lasting change and improvements in efficiency.