article thumbnail

Procurement and Sustainability are Your Yin and Yang!

Supply Chain Game Changer

Procurement, as an industry, is committed to positive growth and sustainable development. Chief Procurement Officers’ priorities seem to be changing with the times in order to further implement initiatives necessary to meet broader organizational goals. CPOs “gave supply chain sustainability a ranking of 7.2

article thumbnail

The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Lack of Visibility Beyond Tier 1. According to the 2021 Deloitte Chief Procurement Officer Survey, “Around 70% of CPOs felt that they had good visibility on the risks that existed in their direct (tier 1) suppliers. Yet only 26% were able to confidently predict risk within their supply bases.

article thumbnail

Webinar Recap: Data as the Driver of Effective Procurement Transformation

ivalua

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges.

Data 130