Supply Chain Brain

AUGUST 9, 2021

Are companies taking their eye off the ball when it comes to monitoring the ethics of their suppliers?

Ethics 117

Ethics Supply management Management Suppliers 117

IBM Supply Chain Blog

APRIL 11, 2023

As reflected in the IBM Impact Report , we are working hard to serve as an example for our industry peers, partners, and fellow leaders on how to build a positive impact by implementing technology ethics and committing to trust and transparency in our practices and products on a global scale.

Ethics 61

Ethics Data Risk Innovation 61

Barkers Procurement

MARCH 3, 2022

Ethical procurement policies provide clear guidance for sourcing supplies and establishing internal and external relationships essential for daily operations and long-term growth. What is ethical procurement? ” The research further found that one-third of employed UK workers left a job for ethical reasons.

Ethics 52

Ethics Supply Chain Efficiency Procurement Purchasing 52

Procurement Tactics

MAY 30, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Procurement Managers — The Ultimate Guide Procurement managers are not easy, but the role is rewarding, interesting, and crucial to the success of a business. What is a Procurement Manager?

Management 178

Management supply chain budgeting Procurement Negotiation 178

IBM Supply Chain Blog

FEBRUARY 19, 2024

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.

supply chain software solutions 87

supply chain software solutions Supply chain management Supply chain management Supply Chain Efficiency 87

Procurement Templates

MARCH 7, 2024

A procurement playbook is a comprehensive document or set of guidelines that outlines the processes, procedures, best practices, and standards for managing procurement activities within an organization. It serves as a reference guide for procurement professionals and other stakeholders involved in purchasing goods and services.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

Value Match

MARCH 2, 2023

Conduct thorough supply chain audits: Procurement professionals should conduct regular audits of their supply chains to ensure that the products they source are produced ethically and in compliance with local laws and regulations. Audits should also include checks for labour violations, harassment, and other forms of exploitation.

Ethics 52

Ethics Sustainability Supply chain Suppliers 52

IBM Supply Chain Blog

MARCH 29, 2024

Imagine a future where artificial intelligence (AI) seamlessly collaborates with existing supply chain solutions, redefining how organizations manage their assets. Let’s look at some of those challenges to generative AI for asset performance management. Undoubtedly. But what if you could optimize even further?

Data 89

Data Supply Chain Efficiency Management Supply Chain Optimization 89

World of Procurement blog

MAY 8, 2024

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Proactive risk management prevents major losses.

Agile and Lean Supply Chain 40

Agile and Lean Supply Chain Supply chain management Supply chain management Supply Chain Optimization 40

ivalua

JANUARY 8, 2023

The act was established to address issues of sustainability and ethical conduct in global supply chains, and has significant implications for companies and procurement organizations operating in Germany. The new set of regulations add an additional layer of compliance and risk management to the procurement process.

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

ivalua

SEPTEMBER 19, 2022

Rather than disrupt supply, let’s disrupt supplier management. A smarter approach to supplier management requires several changes. . To properly assess risk, reduce carbon emissions and avoid ethics violations, leaders must map and assess the multi-tier supply chain. Manage Risk, Create a Competitive Advantage.

Risk management 130

Risk management Supply Chain Efficiency Risk Supply Chain Optimization 130

Empowering CPO

JULY 3, 2023

Introduction In the complex and fast-paced business world of today, Managed Procurement Services (MPS) have emerged as a key solution for enterprises seeking to streamline their operations, improve efficiencies, and achieve cost savings. Procurement is no longer just about purchasing goods and services at the lowest cost.

Innovation 52

Innovation Strategy Procurement Management 52

Procurement Tactics

NOVEMBER 24, 2022

Responsible sourcing or ethical sourcing is an approach to sourcing and supply chain done by companies to consciously source and procure products or services for their operations in sustainable and ethical ways. You can think of sustainable sourcing as the cousin of ethical sourcing. Key Drivers of Sourcing Responsibly.

Sourcing 193

Sourcing Ethics Sustainability Supply chain 193

ivalua

SEPTEMBER 8, 2022

Originally published on Risk Management Monitor. A better way of looking at those relationships is as partnerships—albeit ones that require management and alignment of objectives first and foremost, but ultimately mutually beneficial relationships. Ivalua Supplier Risk and Performance Management Checklist.

Risk 130

Risk Suppliers Management Supply Chain Efficiency 130

IBM Supply Chain Blog

OCTOBER 16, 2023

AI governance refers to the practice of directing, managing and monitoring an organization’s AI activities. An AI governance framework ensures the ethical, responsible and transparent use of AI and machine learning (ML). It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 76

Risk Management Ethics Real-time Visibility 76

Skill Dynamics

FEBRUARY 6, 2024

Supplier relationship management is a business strategy utilized by organizations to strategically build relationships with their suppliers that are mutually beneficial. When implemented and managed correctly, it’s a strategy that can lead to large-scale operational improvements, cost optimization, and reduced risks across the supply chain.

Supplier relationship management 59

Supplier relationship management Suppliers Supply Chain Efficiency Management 59

HICX

JANUARY 31, 2023

As social and environmental concerns grow, governments and related third parties are demanding, with regulatory backing, that businesses manage ethical supply chains. By Costas Xyloyiannis, CEO of HICX What was once “nice to have” information has been defined by law. Read full article

Risk 52

Risk Suppliers Ethics Management 52

Procurement Tactics

NOVEMBER 21, 2022

Corporate social responsibility (CSR) is the continuing commitment by businesses to behave ethically and contribute to the development of the economy all while enhancing the quality of life of its workforce and their families as well as the surrounding community. . Starbucks’ commitment to ethical sourcing. But what is it? .

Ethics 209

Ethics Sustainability Import Supply Chain Efficiency 209

World of Procurement blog

APRIL 23, 2024

Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers. Contract Management : Navigating, drafting, and managing contracts with vendors.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers. Contract Management : Navigating, drafting, and managing contracts with vendors.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 24, 2024

Understanding the Procurement Process At its core, the procurement process is a strategic axis around which the efficiency, effectiveness, and ethical standards of a business revolve. This process encompasses all activities involved in sourcing, acquiring, and managing the resources necessary for an organization's operations.

Supply Chain Efficiency 52

Supply Chain Efficiency Ethics Procurement Sustainability 52

IBM Supply Chain Blog

JANUARY 25, 2024

Generative AI is opening doors and creating new opportunities and risks for organizations globally, with human resources (HR) leadership playing a key role in managing these challenges. This example can be an opportunity for HR to drive and champion efforts in thwarting potential ethical challenges and operational risks.

Ethics 103

Ethics Strategy Risk Business strategy 103

Arkestro

JANUARY 23, 2024

Resources / Blog / What does a Procurement Manager do? Job Description, Skills, and Qualifications What does a Procurement Manager do? Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. from 2023 to 2030.

supply chain budgeting 52

supply chain budgeting Management Supply Chain Optimization Procurement 52

Procurement Tactics

NOVEMBER 23, 2022

Corporate social responsibility (CSR) is the commitment of businesses to behave ethically and contribute to the development of the economy all while improving the quality of life of their workforce and their surrounding community. . Corporate Social Responsibility – What is it? What is Sustainability in Procurement?

Procurement 206

Procurement Ethics Sustainability Supply Chain Efficiency 206

IBM Supply Chain Blog

JUNE 13, 2023

Manual attack surface management costs time Staying ahead of an expanding enterprise attack surface is almost impossible with manual or disconnected processes. These findings are based on real-world, ethical and criminal hacker activity and show how vulnerable your organization may be from an attacker’s point of view.

Management 90

Management Networking Risk Ethics 90

SCMDOJO

FEBRUARY 29, 2024

It is arguably true that supplier performance management is considered a business practice for measuring, analyzing, and managing supplier performance to reduce cost, and risk and also drive continuous improvement. Managing and optimizing a supplier’s performance is as essential as it is difficult. How is it possible?

Suppliers 55

Suppliers Management Quality Import 55

HICX

AUGUST 17, 2023

Table of Contents What is Supplier Performance Management? What are the benefits of Supplier Performance Management? What is Supplier Performance Management? Supplier Performance Management is an organized framework that evaluates, tracks and optimizes suppliers’ performance.

Suppliers 52

Suppliers Management Supply Chain Efficiency supply chain budgeting 52

Una

OCTOBER 26, 2023

What Skills Does an ESG Procurement Manager Need? Organizations are feeling the need to fill highly-skilled ESG procurement manager roles to meet consumer demand for sustainable goods. Why is demand for ESG procurement managers growing? What makes the role of ESG Procurement Manager so attractive?

Management 52

Management Procurement Supply Chain Efficiency Stakeholder engagement 52

Procurement Tactics

APRIL 25, 2023

However, it is important to work on the procurement policies with the managers and executives of the company to ensure their applicability of it to the business. Fair Operating Practices in Sustainable Procurement Fair operating practices refer to dealing ethically with other organizations, partners, suppliers, and customers.

Sustainability 168

Sustainability Procurement Ethics Supply Chain Efficiency 168

Procurement Templates

NOVEMBER 26, 2023

In one example, AI-driven supplier relationship management (SRM) systems streamline communication, providing real-time updates and facilitating collaborative sharing and decision-making. This not only fosters transparency but also strengthens partnerships and creates an efficient working system to be utilized, one that is more easily managed.

Procurement 130

Procurement Supply Chain Efficiency Ethics Supply Chain Optimization 130

SCMR (Supply Chain Management Review)

FEBRUARY 27, 2024

SAP’s Ethosa Thurma answers Supply Chain Management Review’s 6 Questions on ethical sourcing and procurement practices.

Ethics 64

Ethics Supply chain management Supply chain management Supply chain 64

SCMDOJO

APRIL 26, 2023

Category management is a procurement strategy that involves grouping similar products or services together into categories and managing them as a single unit. In this guide, we’ll explore the key principles of category management and how it can benefit your organization. Read More: What Does a Procurement Manager Do?

Category management 77

Category management Management Supplier relationship management supply chain software solutions 77

ivalua

JANUARY 13, 2023

This demonstrates that businesses increasingly recognize diversity as a global issue and these programs provide an “ethical” mechanism to connect with customers through community engagement. However, the ethical justification is no longer the totality of the value proposition as leaders now see the overall value for their business. .

Suppliers 246

Suppliers Strategy Agile and Lean Supply Chain Ethics 246

SCMR (Supply Chain Management Review)

MARCH 26, 2024

Adhering to ethical and responsible sourcing requirements and public pressure surrounding forced labor is putting new pressures on supply chains. Covington’s Tom Plotkin addresses these questions and more in this 6 Questions With … feature.

Ethics 97

Ethics Supply chain Sourcing Supply 97

Empowering CPO

JULY 2, 2023

Managed procurement services, at the heart of this evolution, have become a linchpin for businesses aiming to streamline operations, maximize efficiency, and unlock new opportunities for growth. Supplier Management: Nurturing relationships with suppliers, managing contracts, and ensuring performance and compliance.

Management 52

Management Procurement Strategic sourcing Strategic sourcing 52

ProcurePort

NOVEMBER 27, 2023

Procurement as a Compliance Driver: Thorough vendor due diligence is essential, encompassing financial stability, adherence to labor laws, environmental practices, and ethical conduct.

Procurement 130

Procurement Ethics Contract Sustainability 130

Procurement Templates

JUNE 18, 2023

His expertise in managing complex supply networks has played a crucial role in Apple’s success. She emphasized procurement excellence, cost management, and supplier diversity to ensure the company’s success in delivering advanced defense technologies. As the CEO of Apple Inc.,

Leadership 147

Leadership Procurement Agile and Lean Supply Chain Supply Chain Efficiency 147