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Sustainability in Procurement: Strategies and Challenges

ivalua

Sustainable and socially responsible procurement practices that cover the full spectrum can provide end-to-end visibility that facilitates monitoring and compliance, and delivers continuous value to the business. Strategies to Improve Sustainability in Procurement. However, obstacles to meeting such pledges remain.

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Strengthening cash flow management and liquidity: A Finance–Procurement alignment approach — Executive Summary

Spend Matters

The series follows the methodology described in our Aligning Finance and Procurement in-depth guide , which offers a practical, structured approach to enhancing cash flow visibility, optimizing payment timing, reducing working capital risk and improving liquidity outcomes through closer collaboration between finance and procurement.

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What are End-to-End Processes?

Pipefy

Fortunately, businesses can streamline their operations with the right tools and strategies, thus cutting costs and increasing value. This approach to taking your business to the next level often involves end-to-end (E2E) processes to deliver solutions. What is an end-to-end process?

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AI in procurement: How different industries are harnessing its power

Spend Matters

In this article we will highlight some of the key changes AI has made to procurement strategies in the following industries: manufacturing and industrials, life sciences and healthcare, and the public sector. The resulting standardization of procurement practices ensures a clear digital strategy and helps secure executive buy-in.

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COVID-19 Has Rewritten Best Practices for Supply Chain

Supply Chain Brain

Nearly every industry is reviewing strategies, operations and processes with a new perspective, and many businesses are realizing they need end-to-end inventory visibility.

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4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

In sourcing strategy, blockchain technology helps track orders, payments, accounts and more. Learn more about IBM Food Trust Advanced analytics and artificial intelligence (AI) Analytics engines and their “big data brains” provide real-time sourcing flexibility and visibility to enhance order management and inventory systems.

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5 Strategies For Improving Distribution Operations: An Essential Guide

SCMDOJO

Therefore, evaluating performance and creating a comprehensive digitalization strategy are essential for a distributor’s success. To maximize efficiency, distributors should adhere to the following set of guidelines for evaluating and planning their supply chain with the strategies mentioned below.

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