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World SustainableProcurement Day — The Ultimate Guide. World SustainableProcurement Pay is an important event that is attended by many procurement professionals all over the world. However, why is it significant for people who are in the procurement industry? The World SustainableProcurement Day.
Whatever the reasons, it was great to hear similar excitement from one of our judges of the World Procurement Awards 2024 , who joined a kickoff call we hosted last week. (A If ever there was a job title that provides an opportunity to make upstream and downstream impact when it comes to sustainable value creation, this is it.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Supplier Code of Conduct — Embracing Sustainability Supplier code of conduct allows businesses to establish their internal and external expectations. However, what is it?
Chiefprocurementofficers must deal with complex global supply chains and disparate country standards, simply to ensure that all involved are adhering to sustainable practices.
Procurement professionals though have a unique opportunity controlling about $8.3T In one of the most inspiring episodes to date, Thomas Udeson, ChiefProcurementOfficer at Bayer and. of world trade in materials flow and services annually.
In procurement, these MVPs are the professionals driving smarter and more sustainable purchasing decisions. Procurement MVPs are key to transforming the function from a cost-reduction focus to one of the greatest value generators for the organization. The Quality and Sustainability Advocate.
Sustainable Supply Chain Consulting — The Ultimate Guide. Sustainable supply chain consulting firms are hired by many big businesses to help them with their goals. In this article, we will discuss what sustainable supply chain consulting firms are. What is Sustainability in Supply Chain? Download Free Whitepaper ?.
STAKEHOLDER (AGENT) 1 What are the top five concerns for ChiefProcurementOfficers? Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain.
For Körber’s supply chain management community, quality, innovative strength, legal certainty, adherence to delivery dates and the sustainability of suppliers and service providers play a decisive role – as does cost. The goal was to increase efficiency across the Group’s Business Areas.
When business historians reflect on the first quarter-century of the new millennium, the broad-based transformation that occurred within the average enterprises procurement department will be on the list of top… The post Procurement Achievements Over a Quarter Century appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & (..)
Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams… The post CPO Rising Listicle: AI in Action Procurement, Part 2 appeared first on CPO RISING - THE SITE FOR CHIEFPROCUREMENTOFFICERS & LEADERS IN SUPPLY MANAGEMENT.
Vitold Horodecki ChiefProcurementOfficer. Vitold is the Capgemini Americas ChiefProcurementOfficer, responsible for all categories: IT and Telco, External Resources, Training, Professional services, Travel and meetings. Vitold has a true passion for innovation and for the sustainable growth topics.
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. Sustainability is fundamentally centered around the act of conservation.
As of 2022, Sheldon is currently a sustainableprocurement ambassador at the sustainableprocurement pledge. . Sheri Hinish acquired her Master’s Degree from Harvard University with an emphasis on sustainability. Sheri Hinish is a senior executive leading IBM’s Global Sustainability services practice.
Just over half of respondents said they wanted to remain in procurement, 15% said they aspired to lead a business, 13% planned to move into another function, while the remainder were split between wanting to become an entrepreneur, pursue a portfolio career or move into consultancy. That descent should not be seen as a decline.
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. A Blueprint for Demonstrating the value of Strategic Procurement.
Being a chiefprocurementofficer might be the best job in the world. Gerlach near Maastricht as Procurement Leaders’ annual CPO retreat Ovation reaches its conclusion, I’m left in no doubt that it’s one based on reality. That’s quite the statement but, writing this from the grounds of Château St.
Kicking off the day with our first keynote, Ivalua’s Founder and CEO David Khuat-Duy will present his reimagined vision in a post-pandemic world, leveraging digital transformation to restore growth, and igniting new opportunities for procurement teams and suppliers. Director Strategic Sourcing Digital & Functional Transformation, .
In a world increasingly driven by the rapid developments within Artificial Intelligence (AI), procurement has the potential for enormous leverage using cutting-edge technology to become a powerhouse for generating efficiency, expanding margins, reducing risk and delivering solutions which the human mind is unable to see.
He or she has four areas of focus which are business process review, procurement advice, procurement system installation, and procurement training. A procurement consultant can also be a freelance or someone who works in a large consulting firm. ChiefProcurementofficer. It pays well.
Procurement Priorities for 2025 and Beyond The manufacturing industry is evolving rapidly, leaving ChiefProcurementOfficers (CPOs) grappling with challenges that could make or break their organizations. This heightened focus reflects the ongoing uncertain economic outlook, making every penny count.
Our “Procurement Experts on CPO Rising” series continues today with an excerpt from my 2022 episode of the Procurement Rising Podcast – Thomas Udesen, ChiefProcurementOfficer at Bayer and co-founder of the SustainableProcurement Pledge (click to listen to the full interview). What […].
Following months of debate based on extensive knowledge of the many procurement technologies they have demoed, analyzed and benchmarked, they arrive at a list of five young providers that they believe are innovative and exciting, have a rapidly rising presence in the market, can grow sustainably and which every CPO should have on their radar.
To combat the effects of high inflation and recession fears, chiefprocurementofficers, category managers and sourcing professionals need to prepare for a potential double whammy – a slowdown in demand and supply shortages.
Martin Lee is ChiefProcurementOfficer at KPMG, and fellow member of the SustainableProcurement Pledge. You joined Ford Motor Company back in 1995, straight from A Levels, what made you choose a career in procurement, and could you tell us about your career journey so far? Definitely. This is critical.
“This represents a significant milestone in our procurement transformation, which will allow us to deliver more value to the organisation, employees, customers and suppliers,” explains Susan Tanmantiong, ChiefProcurementOfficer of JFC.
“An important aspect of our digital transformation journey is to provide our customers with an improved experience to maximize adoption and spend in support of corporate business performance targets,” said Lloyd Switzer, ChiefProcurementOfficer at TELUS. “To Learn more at www.ivalua.com. About Optis Consulting.
Well-placed to lead this charge, are ChiefProcurementOfficers (CPOs), whose teams work very closely with the supply chain. In addition to responding to challenges and seizing opportunities, retailers can drive competitive advantage by stocking sustainable products.
The World Procurement Awards celebrate excellence in procurement and represent the pinnacle of professional achievement. Recognised globally for its prestige, this event honours the leaders and organisations that excel in innovation, efficiency, and sustainability. In 2024, we had sales of EUR 6.1
There’s no doubt that chiefprocurementofficers are being asked to contribute to board-level discussions more frequently. There are many reasons for this, and a call last week with many of our CPO members identified what some of those are.
Like many within the procurement community, dsm firmenich’s deputy chiefprocurementofficer Gianluca Colombo is a keen chef in his spare time. “I like cooking and discovering new recipes, he told Procurement Leaders. “You’re putting together two big companies with a long legacy.
” – Albert Einstein It started as a simple exercise: ask ChatGPT, “What are the Top 3 concerns for ChiefProcurementOfficers in 2025?” What are the Top 3 concerns for ChiefProcurementOfficers in 2025? What are the Top 3 concerns for ChiefProcurementOfficers in 2023?
The goal is to sustainably create value and share that value with the Group’s entire ecosystem.”. Aurélie LUCAS tasked JB to provide sustainable, locally sourced #loveprocurement t-shirt, delivered on stage via an environmentally friendly bike delivery! Audrey Izard, L’Oréal .
In fact, according to Deloitte’s 2021 chiefprocurementofficer survey, poor quality of data is a top issue for CPO’s across the board (in fact, poor quality data is a reoccurring top issue in Deloitte’s CPO survey). TealBook was created to solve this problem and to provide supplier discovery and diversity tools to its clients.
The CEO, who had just signed up for the UN Global Compact, needed to know how sustainable their supply chain was. He tasked the chiefprocurementofficer (CPO) to audit their suppliers — some 150,000 of them. Along with a friend and fellow graduate, I landed some project work with a major pharmaceutical company.
At our annual Ivalua NOW event in Paris, France–Ivalua asked, “Is your procurement team prepared to respond to unexpected supplier chain issues with speed and agility?”. As new strategies are implemented and unexpected crises occur, business continuity is vital to maximize and sustain Körber’s supply chain agility and resilience. .
Broadly speaking, in companies that have got mature and well-trained procurement organisations, CPOs have always run a balance scorecard, they have always looked at the assurance of supply, quality, service, cost, innovation and environmental sustainability criteria. What is the role of a ChiefProcurementOfficer?
Simon Lipscomb, Sales and Marketing Director at Efficio, speaks to Thomas Udesen, ChiefProcurementOfficer at Bayer/Co-Founder of The SustainableProcurement Pledge and Eleonore de Montjoye, Manager at Efficio on sustainability in procurement and what actions we can each take to make a difference.
Today on Procurement Rising Podcast Series we welcome Thomas Udesen, the ChiefProcurementOfficer at Bayer. Thomas is also the co-founder of the SustainableProcurement Pledge (SPP), a community of CPOs and other procurement executives who are committed to bringing sustainability into their procurement practices.
Figure 2 Source: Deloitte and Spend Matters, ChiefProcurementOfficer Study , 2023 Supplier onboarding: Use case Novartis Nowhere is orchestration more visible than in supplier management. Risk and ESG: Embedded in all activities Traditional procurement treated risk and ESG as separate tracks.
The business case for sustainability and the global imperative to act is clear. With 50-70% of all sustainability changes organizations need to make, involving the supply base in some way, procurement and supply chain functions now have a clear role to lead on this.
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. times faster than those without a sustainability focus in their marketing.
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. times faster than those without a sustainability focus in their marketing.
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