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Sustainability in Procurement: Strategies and Challenges

ivalua

Originally published in the 2022 ProcureCon Report “Transforming Procurement: Embracing Digital Innovation and Driving Sustainability” Ethical business practices and sustainability initiatives are forcing organizations to not only stand up, but to also set themselves apart from the competition by implementing ESG and CSR commitments.

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#1! Are you a Supply Chain Digital Champion?

ivalua

As the demands on supply chains continue to increase, so do the expectations of consumers. Consumers also expect transparency – in product origin, quality standards, and how organizations are improving their environmental and sustainability efforts. . Leveraging Technology to Transform The Supply Chain.

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What is supply chain sustainability?

IBM Supply Chain Blog

Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Supply chain sustainability is defined as embedding environmental, social or corporate governance considerations as raw materials are sourced, converted to products and delivered to market.

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Supply chain visibility in the energy and utilities industry

IBM Supply Chain Blog

Equipment-heavy and reliant on an aging infrastructure, E&U clients suffer from costly supply chain disruptions as wear, tear and time take their toll. Visibility. Visibility into other key inventory (e.g., 4 tips to help energy & utility supply chains avoid unexpected downtime 1.

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Streamlining supply chain management: Strategies for the future

IBM Supply Chain Blog

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Here’s how companies are using different strategies to address supply chain management and meet their business goals.

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4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

They consider factors—like supplier performance or sustainability —that support long-term partnerships, advance business needs and increase purchasing power. Successful strategic sourcing often results in process optimization, cost management, customer satisfaction, risk management , increased sustainability and other benefits.

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Building a sustainable automotive supply chain

IBM Supply Chain Blog

Pair that with a semiconductor shortage amidst global car sales that are forecasted to top 69 million , and you can understand that disruptions in the automotive supply chain would be detrimental to the industry.​ 3 tips for accelerating the path to a more resilient and sustainable automotive supply chain 1.