Ethical Procurement is a Process Not to be Ignored
SCMR (Supply Chain Management Review)
MARCH 1, 2024
Procurement processes must now consider ethical sourcing as a key element, and one that can significantly harm the organization if not followed.
The Role of Ethical Sourcing in Sustainable Supply Chain Management
Procurement Freelancers
OCTOBER 27, 2023
In today’s globalised world, where social and environmental issues are at the forefront, ethical sourcing… The post The Role of Ethical Sourcing in Sustainable Supply Chain Management first appeared on Procurement Blog | Procurement & Supply Chain News.
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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization
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Procurement Playbook
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.
Ethics in Procurement: What are you doing to keep procurement ethical?
Skill Dynamics
JUNE 15, 2022
Being ethical means being in accordance with the rules or standards for right conduct or practice, especially the standards of a profession. Ethics play a major role in procurement and with the increasing use of technology and consumer behavior changes, it’s something to take seriously as an organization. An ethics policy.
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CSR Policy — Transforming Sustainable Procurement
Procurement Tactics
APRIL 4, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter CSR Policy — Transforming Sustainable Procurement CSR policy is important to ensure that a company ethically conducts its business operations. However, what is it? What is CSR Policy?
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The Benefits Of Ethical Procurement
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? How does a code of conduct in the procurement process benefit businesses?
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Corporate Social Responsibility in Procurement — Everything a Procurement Professional Should Know
Procurement Tactics
NOVEMBER 23, 2022
33 Procurement Interview Questions in 2022. Corporate Social Responsibility in Procurement — Everything a Procurement Professional Should Know. However, what is its impact on procurement? . In this article, we will discuss what corporate social responsibility and sustainable procurement are.
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AI & Procurement
Procurement Templates
NOVEMBER 26, 2023
The Future of Procurement: Navigating the AI Revolution Metaverse? It is undeniable that AI is on the way, but how might it impact procurement? Nevertheless, the contemporary procurement milieu is rife with complexities stemming from market volatility, regulatory demands, and global supply chain intricacies. Machine Learning?
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Sustainable Procurement Fair Operating Practices
Procurement Tactics
APRIL 25, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Procurement Fair Operating Practices Sustainable procurement fair operating practices allow companies to give their employees a safe working environment. Don’t worry, we got you!
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What are the Pillars of Sustainable Procurement?
ProcurePort
NOVEMBER 17, 2023
Sustainable procurement is gaining popularity as people prioritize environmental concerns, social responsibility, and ethical practices in today’s global discussions. Companies are recognizing the significance of using procurement practices that align with present business requirements.
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How can Procurement be used to Improve Compliance?
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. appeared first on ProcurePort Blog.
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The future of procurement is strategic, sustainable, responsible and ethical
Spend Matters
SEPTEMBER 8, 2022
Categories: Conferences , Innovation , Learning / Research , Procurement , Procurement Strategy & Planning , Sponsored Article , Suppliers , Supply Chain , UK/Europe Tags: EU , Sponsored Article The resilience of global supply chains has been put to the test like never before in recent years and the pressure continues.
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What does the German Supply Chain Act Mean for Procurement?
ivalua
JANUARY 8, 2023
What Lieferkettengesetz Means for Procurement? 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. By Jan-Hendrik Sohn. Fines of up to €8 million .
Supplier Assessment — Embracing Sustainability in Procurement
Procurement Tactics
APRIL 18, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Supplier Assessment — Embracing Sustainability in Procurement Supplier assessment is needed when selecting the right supplier to achieve sustainability in your procurement process.
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Sustainable Contracts — Embracing Sustainability in Procurement
Procurement Tactics
MAY 2, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Contracts — Embracing Sustainability in Procurement Sustainable contracts allow companies to oblige their suppliers to practice sustainable and ethical practices once they sign them.
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Challenges in Sustainability Faced by Procurement Teams
Procurement Tactics
MAY 4, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Challenges in Sustainability Faced by Procurement Teams Adopting sustainability in procurement has many challenges that the procurement team must address to aim for sustainability.
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Navigating the Procurement Business Processes: A Comprehensive Guide
World of Procurement blog
APRIL 24, 2024
Welcome, esteemed colleagues and burgeoning professionals, to another elucidative exploration in the world of procurement. Today, we voyage through the intricate web of procurement business processes. Delve into this rich tapestry with us, as we unravel the complexities and illuminate the path to procurement excellence.
Top 20 Skills Procurement Pros Need to Master
World of Procurement blog
APRIL 23, 2024
Procurement professionals play a crucial role in the success and efficiency of businesses. Financial Acumen : Understanding market trends, cost structures, and the impact of procurement activities on the financials. Technical Expertise : Understanding the technical aspects of the goods and services being procured.
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Top 20 Skills Procurement Pros Need to Master
World of Procurement blog
APRIL 23, 2024
Procurement professionals play a crucial role in the success and efficiency of businesses. Financial Acumen : Understanding market trends, cost structures, and the impact of procurement activities on the financials. Technical Expertise : Understanding the technical aspects of the goods and services being procured.
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How to Create a Procurement Policy
World of Procurement blog
APRIL 24, 2024
In the vast and vibrant landscape of procurement, a robust policy does not merely serve as a guideline—it is the bedrock upon which successful procurement practices are built. The Imperative for a Procurement Policy Why, you might wonder, does this document deserve such a prominent pedestal in the canon of procurement?
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ESG in Procurement — Embracing Sustainability
Procurement Tactics
JUNE 6, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter ESG in Procurement — Embracing Sustainability ESG in procurement is continuously integrated by many businesses to foster sustainability in their processes. What is ESG Procurement?
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Procurement Tracking – Everything You Should Know
Procurement Tactics
JUNE 28, 2023
Procurement Strategy Take the lead with our proven 5-step procurement strategy 3. Sustainable Procurement Maintain high profitability while moving toward sustainability 4. What is Procurement Tracking? Procurement Tracking is the process of monitoring and managing procurement activities.
Procurement and Sustainability: A Harmonious Partnership for a Greener Future
Procurement Templates
SEPTEMBER 14, 2023
In an era marked by growing environmental concerns and the urgent need for sustainable practices, procurement has emerged as a pivotal player in fostering sustainability within organizations. Procurement, often considered the gateway between an organization and its suppliers, plays a central role in this transformation.
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Sustainable Procurement Strategy — Embracing Sustainability
Procurement Tactics
JUNE 7, 2023
Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts → Or receive our famous weekly newsletter Sustainable Procurement Strategy — Embracing Sustainability Sustainable procurement strategy allows an organization to conduct its procurement processes that support its sustainability goals and objectives.
Sustainability in Procurement: Strategies and Challenges
ivalua
AUGUST 21, 2022
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.
Procurement Best Practices You Should Know
World of Procurement blog
APRIL 23, 2024
Procurement plays a critical role in the operational efficiency and financial health of an organization. Here are 10 procurement best practices that every organization should know: 1. Define Clear Procurement Policies Establishing clear, comprehensive procurement policies is foundational.
Procurement Best Practices You Should Know
World of Procurement blog
APRIL 23, 2024
Procurement plays a critical role in the operational efficiency and financial health of an organization. Here are 10 procurement best practices that every organization should know: 1. Define Clear Procurement Policies Establishing clear, comprehensive procurement policies is foundational.
Procurement Managers — The Ultimate Guide
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?
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Soft Skills in Procurement
Procurement Templates
NOVEMBER 26, 2023
Nailing Soft Skills in Procurement: The Unseen Superpower Hard skills and soft skills – which is more important? Let’s go through a few of them and see how they can help you succeed in procurement. Listening and Relationship Skills In procurement, your ability to build strong relationships is gold.
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Procurement as a Career — 7 Reasons Why You Should Choose Procurement
Procurement Tactics
JANUARY 13, 2023
Procurement success in 2023 with our Strategy Course. Procurement as a Career — 7 Reasons Why You Should Choose Procurement. Procurement as a career is a fulfilling one, especially if you enjoy putting your knowledge to use in the real world. For this article, we will discuss what procurement is as a career.
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Sustainable Procurement Business Drivers — Embracing Sustainability
Procurement Tactics
APRIL 5, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Procurement Business Drivers — Embracing Sustainability Sustainable procurement business drivers are the factors why many businesses embrace sustainability within their operations.
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Top 15 Procurement Certifications you should know about
World of Procurement blog
APRIL 24, 2024
In the dynamic and ever-evolving world of procurement and supply chain management, staying at the forefront of professional development is not just advantageous – it’s imperative. Member of Chartered Institute of Purchasing and Supply (MCIPS) Earning the MCIPS designation is akin to being knighted in the realm of procurement and supply chain.
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Responsible Sourcing — Everything You Should Know
Procurement Tactics
NOVEMBER 24, 2022
33 Procurement Interview Questions in 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. New ethical trade legislation is being introduced around the world.
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Fairtrade Fortnight (27th Feb – 12th March): Promoting ethical and sustainable products in the age of climate change and gender based violence
Value Match
MARCH 2, 2023
Here’s how Procurement teams and stakeholders can ensure sustainable practices are established in their supply chains mitigating the risk of violence and exploitation. Work with ethical suppliers: Procurement professionals should work with suppliers who have a proven track record of ethical and sustainable production practices.
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Sustainable Procurement Analysis — The Ultimate Guide
Procurement Tactics
JANUARY 8, 2023
33 Procurement Interview Questions in 2023. Sustainable Procurement Analysis — The Ultimate Guide. Procurement analysis is used to collect and analyze data for businesses to gain insights and make informed decisions. In this article, we will discuss what sustainable procurement analysis is. Download Whitepaper →. .
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How Companies Can Benefit From Sustainable Procurement
Procurement Tactics
APRIL 3, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter How Companies Can Benefit From Sustainable Procurement Many businesses are shifting towards sustainability due to the perceived benefits when applied to the actual processes in procurement and supply chain.
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Is a career in procurement future-proof?
Procurement Heads
FEBRUARY 9, 2023
The same questions can be asked of a career in procurement. With advancements in automation and artificial intelligence, many industries are seeing a shift in how work is performed, and procurement is no exception. However, despite these changes, a career in procurement can still be considered future proof for several reasons.
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Sustainable Goals in Procurement — Embracing Sustainability
Procurement Tactics
APRIL 19, 2023
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Goals in Procurement —Embracing Sustainability Sustainable goals in procurement help it to stay on track with its sustainability objectives in its activities. Why is it Important?
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AI Revolutionizing Procurement: A Strategic Shift
Empowering CPO
FEBRUARY 23, 2024
Introduction In the dynamic world of procurement, artificial intelligence (AI) is rapidly reshaping the sourcing landscape. As businesses seek agility, cost optimization, and data-driven decision-making, AI-powered solutions are becoming indispensable for procurement professionals. Ethical AI practices build trust.
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Procurement Function — Everything a Procurement Professional Should Know
Procurement Tactics
JULY 13, 2022
33 Procurement Interview Questions in 2022. Procurement Function — Everything a Procurement Professional Should Know. The procurement function is one of the keys for a business to succeed. Due to this, it has shed a light on the importance of procurement functions. . Procurement Today. Procurement Function
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Complete Guide to the Procurement of Materials
World of Procurement blog
APRIL 23, 2024
The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Effective procurement strategies require a deep understanding of market trends, supplier landscapes, and the latest technologies.
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Complete Guide to the Procurement of Materials
World of Procurement blog
APRIL 23, 2024
The procurement of materials is a vital process in supply chain management, involving the timely acquisition of high-quality goods and services at the most economical prices from reliable suppliers. Effective procurement strategies require a deep understanding of market trends, supplier landscapes, and the latest technologies.
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Revolutionizing Procurement: Innovative Strategies in Managed Procurement Services
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.
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The Alarming Continued Rise of Modern Slavery in Supply Chains: How Procurement Can Help Reverse the Trend
Supply Chain Brain
JANUARY 25, 2023
Modern-slavery and human-rights due diligence should be integrated as part of a broader sustainable procurement program that encompasses environmental and ethical topics, as well.
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