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The Role of Ethical Sourcing in Sustainable Supply Chain Management

Procurement Freelancers

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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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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Ethical Procurement is a Process Not to be Ignored

SCMR (Supply Chain Management Review)

Procurement processes must now consider ethical sourcing as a key element, and one that can significantly harm the organization if not followed.

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What is Responsible Sourcing?

ivalua

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. Responsible sourcing requires a shift in thinking and priorities. provide source]. Is it to protect the company’s brand?

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4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

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What does the German Supply Chain Act Mean for Procurement?

ivalua

The German Supply Chain Act, or Lieferkettengesetz, is a new piece of legislation that came into effect January 2023 with an extended remit from January 1, 2024. These organizations must also conduct regular supply chain audits to ensure sustainable and responsible operating measures. .

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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.