Procurement and Sustainability are Your Yin and Yang!

Supply Chain Game Changer

Featuring Our 12 Best Procurement Articles! Procurement and Sustainability are your business’ Yin and Yang. Procurement and Sustainability are two disciplines and business functions that exist in a perfectly harmonious contradiction. Procurement is Committed.

Chainalytics Wins Award for Delivering Sustainability-Minded Freight Procurement Strategy


The award recognizes the company’s innovative transportation procurement work for one of the world’s leading coffee manufacturers and retailers.


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The biggest sustainable trends shaping 2021 and years to come

Prophetic Technology

procurement supply chain Sustainability"The big trend will be imagination and the ability to ask ambitious 'What If' questions.".

Sustainability Certifications for SMEs: The Best Programmes


Sustainability is in high demand, but who determines what makes a product sustainable, how it is sustainability measured and what do sustainability certifications and labels mean? Key principles of a sustainability standard. Sustainability certifications in the UK.

Why 2021 Will Be A Breakout Year For Sustainable Manufacturing


Bottom Line : In 2021 and beyond, customers are voting with their dollars for the manufacturers who excel at sustainable manufacturing and make a positive contribution to the environment, dominating B2B supply chains and B2C purchasing decisions.

Creating a Sustainable Supply Chain Strategy: The IKEA Story


With this mounting pressure to commit to Net Zero and CPOs goals and incorporate sustainability metrics into all aspects of procurement decisions and processes, businesses are looking to elevate ESG strategies with a mind for climate change, ethical social practices and stronger governance models.

Mars, AB InBev, and the Art of Supply Chain Sustainability

Logistics Viewpoints

Supply chain sustainability and the concept of “going green” continues to drive a lot of operational initiatives and innovations as companies and countries look at their overall carbon footprint and look for ways to be more environmentally friendly. UN Sustainable Development Goals.

Sustainable Supply Chains: A Country Comparison

SCM Research

The global not-for-profit organization CDP (formerly the Carbon Disclosure Project) has published a report: Supply Chain Sustainability Revealed: A Country Comparison. The report reveals that suppliers in France, the UK, Spain and Germany are identified as the most sustainable ones, whereas suppliers in China, Italy and the U.S. Practice Globalization Procurement Report Supply Chain Management Supply Chain Sustainability

Three Ways Procurement Can Drive Sustainability Through the Supply Chain


SupplyShift takes a look at three ways that supply chain professionals can drive sustainability through procurement practices. The researchers found that 50% of consumer-packaged goods (CPG) growth came from products marketed as sustainable.

Sustainable procurement: a platform to rebuild


Out of 502 participants from business owners to Directors, 86% said that they currently use sustainability as a metric to help shape decision making within their business. The emerging truth was that sustainability was finding its way into corporate purpose.

Supply Chain Sustainability: If a leopard can’t change its spots, can supply chains ever be sustainable?

All Things Supply Chain

Would they even want to change them… General Supply Chain Management Supply Chain Sustainability logistics procurement production supply chain management supply chain sustainabilityThey say a leopard can’t change its spots but if they could, how would they change them?

ESG, CSR, and Sustainability: how does your supply chain stack up?


Environmental, social, and governance (ESG), corporate social responsibility (CSR), and sustainability are becoming increasingly significant issues for supply chain management. These concepts can be hard to define and measure, and even harder to integrate into procurement.

Sustainability service line launch


Sustainability has become an increasingly in demand service from Proxima, with ESG principles increasingly embedded into client projects across the assessment, sourcing, transformation space. Typically, over 80% of an organizations sustainability impact is within the supply chain.

Sustainable Logistics: Quantifying Sustainability Measures of Your Logistics


Creating more sustainable logistics is even more important for the trucking industry. Sustainable Logistics | Quantifying Sustainability Measures of Your Logistics. However, while technology evolves to allow better tracking of carbon footprint, there’s a potential to substantially improve overall with sustainable logistics by addressing a less often discussed but insidious problem. There’s an alarming paradox in the world of consumer packaged goods sustainability.

IKEA x Capgemini x Ivalua – Why (carbon) net zero starts in procurement & how to incorporate sustainability elements into your supplier management process?


Companies are being pressured on all sides to commit to Net Zero and CPOs should build their Net Zero goals by evaluating sustainability metrics into all aspects of their procurement decisions and processes. SPEAKERS. Ivalua – Oliver Oehmke. Capgemini – Marcel Bach.

Procurement Sustainability Metrics


The post Procurement Sustainability Metrics appeared first on Ivalua

Arval on Achieving and Sustaining Procurement Transformation


The post Arval on Achieving and Sustaining Procurement Transformation appeared first on Ivalua

Searching for Sustainability: Balancing Economics and Environmental Objectives in Logistics

The Logistics & Supply Chain Management Society

A new study by the Center for Sustainable Logistics and Supply Chains (CSLS) at Kühne Logistics University, in cooperation with the European Freight & Logistics Leaders’ Forum, clearly shows that environmental and economic objectives are not in conflict and often well aligned.

Procurement and Supply Chain are Smarter Together – Practical Use Cases

Logistics Viewpoints

In a previous post , I made a case for how the Chief Supply Chain Officer (CSCO) and Chief Procurement Officer (CPO) are smarter together. Accordingly Supply Chain and Procurement will need continuous collaboration. Procurement Supply Chain Planning

Why The Time Is Now for Sustainable Procurement


Earth Day (April 22nd) is a celebration of commitment to creating a safer, healthier and cleaner world, making it a natural time to reflect on the power and value of sustainable procurement programs. With that, global businesses are committing to key sustainability objectives such as reducing greenhouse gas emissions , eliminating slave labor , avoiding plastics , conserving water used in production , tapping into renewable energy sources and more.

UK government procurement overhaul is long overdue & will help drive sustainability

IT Supply Chain

The post UK government procurement overhaul is long overdue & will help drive sustainability appeared first on IT Supply Chain. By Ian Thompson, (pictured). UK General Manager at Ivalua.

Strategic Procurement: 4 Tactics for Economic Recovery in 2021


In August 2020 Gartner published this report “4 Tactics Procurement Can Use to Sustain Influence as Economic Conditions Improve” This blog summarizes the key points of the report which you can read in full, here. Procurement Teams Step-up.

Why a green company culture is the key to corporate sustainability

The Supply Chain Journal

Whether you’re a large or small business, embarking on the quest for sustainability might feel overwhelming if your operations have been less than planet-friendly in the past. Laying a foundation of sustainability in your work culture. Set corporate sustainability goals.

4 Ways Modern Software will Empower Digital Procurement


The past few years have been a boon for procurement, which has become increasingly strategic and critical to business. To maintain its upward trajectory, procurement must now show that it remains relevant as corporate priorities shift to restoring growth.

Procurement Rising – The Time is Now


Procurement’s stature has grown during the COVID-19 crisis as costs, cash flow and supply continuity quickly became top boardroom priorities and homepage news. Across the world, procurement leaders have risen to the challenge. Digitization is key to procurement transformation.

Soaring high-tech equipment volumes evidence for sustained digital transformation

The Supply Chain Journal

Therefore, the procurement team at AIT has been depending on charter and part-charter planes for capacity in order to meet those required delivery dates for customers. Volumes for high-tech office equipment continue to soar.

Sustainable Packaging: A Challenge and Opportunity for Food Manufacturers


What is Sustainable Packaging? Sustainability in business has also become a global issue and concern. One of the major components of sustainability, when it comes to protecting the environment, is waste generated from the packaging of food, beverage and consumer products.

Paving the Way for Sustainable Public Procurement


Directing this spending toward more sustainable goods and services can have a huge impact on sustainability performance across the world, helping drive innovation and transition toward a green economy. Sustainable public procurement can also be beneficial from the economic perspective: It can generate income, reduce costs and promote innovation among domestic producers. National Procurement Standards. Comprehensive Sustainability Ratings.

Sustainable Procurement Finally Getting Its Own Standard


A new post discussed the development of a sustainable procurement standard developed by the International Standards Organization. ISO 20400 , Sustainable procurement – Guidance, has just reached a second draft international standard stage, meaning interested parties can submit feedback via their ISO member on the draft before final publication in 2017. It’s about time that the concept of sustainable procurement has a standard established around it.

3 Ways Procurement Can Help Grow Revenues (Part 2)


In part 1 of this blog I looked at how procurement can actually create new revenue opportunities. Here I’ll take a look at two other ways that procurement can help support growth. The post 3 Ways Procurement Can Help Grow Revenues (Part 2) appeared first on Ivalua. Procurement

An Interview on Learnings From Podcasting on Supply Chain and Procurement with Kelly Barner

HICX Solutions

How it all started – Podcasting on Supply Chain & Procurement. Kelly starts the discussion by recounting how experts in the procurement and supply chain industry have become much more prominent today, and how their voices have proliferated – which was not the case in the past.

COVID-19 hindering sustainability initiatives, reveals research


16th July 2020, London – Research from Ivalua, a leading provider of spend management cloud solutions, has shown that six-in-ten (60%) UK businesses have decreased their investment in sustainability initiatives due to the COVID-19 pandemic.

Collaboration, Procurement with Purpose and the Entente Cordiale…


Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK.

A Humble 2020 Procurement Resolution – Transform the World 


For Procurement leaders, that typically translates into saving a few percent here. For Procurement leaders today, those missed opportunities can be great. Ikea is a leader with plans to ensure a sustainable supply chain. So how can Procurement leaders drive such change?

Corporate Sustainability: Why Procurement Should Pave the Way


Talk of corporate sustainability and responsibility is higher than ever. Get the details on building sustainable supplier relationships. Register for our webinar, The Virtual Path to Sustainability. Why Corporate Sustainability S tarts with P rocurement.