article thumbnail

Sustainable Procurement Business Drivers — Embracing Sustainability

Procurement Tactics

Procurement Strategy Course Take the lead with our proven 5-step procurement strategy 3. Thus, companies must start working on managing these risks by integrating sustainability that can help their procurement processes to be robust.

article thumbnail

Unveiling the Power of Procurement Software: A Comprehensive Guide

World of Procurement blog

This ease of use is critical in ensuring that businesses can fully benefit from the software's capabilities without facing a steep learning curve. SMB Software For small to medium-sized businesses, procurement software can be a game-changer.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unveiling the Power of Procurement Software: A Comprehensive Guide

World of Procurement blog

This ease of use is critical in ensuring that businesses can fully benefit from the software's capabilities without facing a steep learning curve. SMB Software For small to medium-sized businesses, procurement software can be a game-changer.

article thumbnail

7 Critical Supply Chain Management Trends for 2023

Zycus Cognitive Procurement

Managing Supply Chain Risk. Supply chain risk management has become increasingly important in recent years as businesses face more complex and unpredictable operating environments. This can be achieved through a combination of effective risk management strategies and business continuity planning.

article thumbnail

Frictionless P2P: A Dream or Reality? 

ivalua

Nowadays, Procurement practitioners primarily talk about emerging topics like the reduction of scope 3 emissions, supplier-enabled innovation and supply risk management. Previously published on Capgemini’s website. The latter is a much stronger predictor of future performance levels but is usually overlooked.

e2e 130
article thumbnail

Sustainable procurement in the creative industry

Positive Purchasing

Third, can we in procurement stop talking to ourselves and start engaging with others who are part of the business? Procurement people need to understand what the business objectives are and, with that, start to create a strategy to support the organization to achieve them.

article thumbnail

Demystifying Managed Procurement Services: What Every Business Leader Should Know

Empowering CPO

Introduction Brief Explanation of the Role of Procurement in Businesses Procurement is the lifeblood of any business, large or small. It’s the complex process through which businesses source and acquire the goods and services they need to operate and grow.