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Procurement and Sustainability: A Harmonious Partnership for a Greener Future

Procurement Templates

It has the potential to drive change throughout the entire supply chain, influencing how products are sourced, manufactured, and distributed. For example, a product with a lower purchase price may have higher long-term operational and disposal costs. Transparent reporting on sustainability performance is also essential.

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How do rising interest rates and inflation affect global supply chains?

EazyStock

Supply chain managers and inventory management professionals face a constant barrage of supply chain crises, with one always waiting around the corner. With every crisis comes the potential for supply chain disruption that can cause chaos for stock-holding businesses. Global supply chains.

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Procurement Metrics: Key Performance Indicators for Success

Empowering CPO

The Importance of Procurement in Business Procurement is the lifeblood of any business. It is the process of sourcing, negotiating, and purchasing the goods and services a business requires to carry out its operations. This can range from raw materials for production, to office supplies, to strategic partnerships.

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Top supply chain trends in retail for 2023

IBM Supply Chain Blog

The COVID-19 pandemic and recent global disruptions have exposed the vulnerability of supply chains, and perhaps no industry felt the impact more than retail. A consensus emerged around the critical need to build more resilient, intelligent supply chains. Automation can liberate the workforce from repetitive tasks.