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.

Ethics 52

Ethics Procurement Suppliers supply chain budgeting 52

Supply Chain Brain

OCTOBER 2, 2020

With companies relying increasingly on complex global supply chains, their need for verifiable manufacturing ethics and supplier transparency is growing.

Ethics 140

Ethics Supply Chain Efficiency Supply chain Supply 140

Procurement Tactics

APRIL 17, 2023

We will tell you about sustainable suppliers and how to select one. Additionally, we will share with you how to get a clear idea of your position within the market Once you are done reading this article, you will have a better knowledge of the role of sustainable suppliers to achieve sustainability within your procurement processes.

Sustainability 182

Sustainability Suppliers Influencing Purchasing 182

Supply Chain Brain

SEPTEMBER 30, 2021

Marcus Haggard, associate in the law firm of Perkins Coie, offers advice to companies on how to ensure compliance by their suppliers with ethical labor standards.

Ethics 98

Ethics Supply chain Suppliers Supply 98

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 119

Ethics Supply management Management Suppliers 119

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 59

Ethics Data Risk Innovation 59

ivalua

JUNE 29, 2021

Supplier diversity programs are something many procurement professionals in the United States (U.S.) But since its inception more than 50 years ago, supplier diversity programs have spread beyond public procurements and now many privately held U.S. businesses proudly maintain robust supplier diversity programs.

Business strategy 162

Business strategy Suppliers Strategy Ethics 162

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.

Ethics 76

Ethics Sustainability Procurement Procurement strategies 76

ivalua

JULY 6, 2021

As mentioned in Part I of this series on supplier diversity , the United States has taken over half a century to develop its supplier diversity culture into what it is today. There have been impressive examples of supplier diversity efforts in other countries, as well. Raising the Bar in Supplier Diversity Down Under .

Suppliers 130

Suppliers Ethics Buyers Procurement 130

SupplyShift

MARCH 27, 2023

STANDARD ASSESSMENT Supplier ESG Assessment A social, environmental and business ethics performance assessment for your suppliers. Raise awareness, understand supplier risks, and continually improve conditions in your supply chain. Simply load your suppliers and start assessing.

Suppliers 52

Suppliers Real-time Visibility Ethics Supply chain 52

ivalua

APRIL 8, 2020

Convinced that their sizes and brands will attract suppliers anyway, they entrench themselves behind the gates of rigid procurement processes. This multi-channel strategy tailored to suppliers’ capabilities is what differentiates best-in-class from a peer group as a report from The Hackett Group reveals.

Suppliers 147

Suppliers Management Supply Chain Efficiency Innovation 147

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

Procurement Tactics

JUNE 30, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter 9 Best US Lumber Suppliers — Industry Outlook, Considerations, Pricing, and Reviews The US based Forest Economic Advisors, LLC (FEA) predicted a 16% US housing drop in 2023.

Price 177

Price Suppliers Negotiation Quality 177

Procurement Tactics

AUGUST 17, 2022

Supplier Evaluation — Everything a Procurement Professional Should Know. A supplier’s evaluation is crucial in procurement. The evaluation helps the organization filter the potential suppliers to get the best partner for its business. However, how do organizations evaluate these potential suppliers?

Suppliers 130

Suppliers Procurement Quantity Price 130

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. This includes knowing their suppliers, how they operate, and what standards they abide by. . However, what is it?

Sourcing 193

Sourcing Ethics Sustainability Supply chain 193

Supply Chain Game Changer

NOVEMBER 11, 2021

What is Supplier Relationship Management (SRM)? Reliable supplier article and permission to publish here provided by Carol Trehearn. Your business is only as exceptional as the goods or services it offers, and to get exceptional products, the right supplier is a must. Compliance With Supply Chain Ethical Codes.

Quality 91

Quality Suppliers Supplier relationship management Ethics 91

ivalua

SEPTEMBER 8, 2022

Most companies recognize that good supplier relationships are more than simply arm’s length transactions between opposing parties. When suppliers are treated as partners, they can be a huge asset in times of trouble. Ivalua Supplier Risk and Performance Management Checklist.

Risk 130

Risk Suppliers Management Supply Chain Efficiency 130

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. Strategy development considers how best to communicate with the chosen suppliers around specific needs and solutions.

Supplier relationship management 59

Supplier relationship management Suppliers Supply Chain Efficiency Management 59

World of Procurement blog

APRIL 23, 2024

Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

World of Procurement blog

APRIL 23, 2024

Strategic Sourcing : Identifying and developing key suppliers and products to optimize spend. Risk Management : Assessing and mitigating risks associated with suppliers and agreements. Supplier Relationship Management : Building and maintaining positive relationships with suppliers.

Ethics 52

Ethics Procurement Supplier relationship management Market knowledge 52

Una

MARCH 19, 2024

Don't Get Duped by Supplier "Washing" Tips sourcing professionals can use to identify and avoid certain corporate and supplier washing practices as part of their ESG strategy. Your organization is committed to sourcing products from suppliers who walk the talk when it comes to environmental, social, and governance (ESG) practices.

Suppliers 52

Suppliers Sustainability Procurement Sourcing 52

SCMDOJO

OCTOBER 27, 2023

Supplier negotiation is the most critical skill in the world of procurement. Effective supplier negotiations do not limit to the best price but a mutually beneficial agreement from both the parties that can have a profound impact on the company. It is a skill that needs a strategic approach and it is not something anyone can do.

Supplier negotiation 88

Supplier negotiation Negotiation Suppliers Supply Chain Efficiency 88

Procurement Templates

MARCH 7, 2024

Compliance and ethics: Guidelines for ensuring adherence to legal and regulatory requirements, as well as ethical standards and corporate governance principles in all procurement-related activities.

Supply Chain Efficiency 130

Supply Chain Efficiency Procurement Ethics Contract management 130

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. Procurement teams will need to be prepared and equipped to conduct supplier due diligence to meet the requirements of the act.

supply chain software solutions 244

supply chain software solutions Supply Chain Efficiency Supply chain Procurement 244

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. What can large organizations with complex supply chains do to help mitigate supplier risk? Read full article

Risk 52

Risk Suppliers Ethics Management 52

Procurement Tactics

APRIL 25, 2023

It involves selecting suppliers that meet the sustainable criteria or standards of your company, with the goal of promoting sustainable development and reducing negative environmental and social impacts. It also ensures that the suppliers are meeting your company’s sustainability standards and can help identify areas for improvement.

Sustainability 168

Sustainability Procurement Ethics Supply Chain Efficiency 168

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

Procurement Tactics

JULY 20, 2023

5 Best Global Concrete Product Suppliers Study Procurement Study Negotiations 1. Holcim [link] With a softer demand in concrete building materials for 2 consecutive years due to the pandemic and inflation, Holcim thrives and still holds its top spot as the leading manufacturer and supplier of concrete products.

Price 193

Price Suppliers Sustainability Negotiation 193

Procurement Templates

APRIL 15, 2024

Stage 3: Build Relationships Days 21-30 Supplier Engagement: Identify key suppliers and initiate relationship-building activities, including meetings and performance reviews. Negotiation Strategies: Develop negotiation strategies to achieve better terms, prices, and value from suppliers.

Procurement team 130

Procurement team Contract management Innovation Suppliers 130

World of Procurement blog

APRIL 23, 2024

By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships. These policies should outline how procurement activities are to be conducted, from supplier selection to contract execution, ensuring consistency and compliance across the organization.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

World of Procurement blog

APRIL 23, 2024

By adopting best practices, companies can reduce costs, improve quality, and enhance supplier relationships. These policies should outline how procurement activities are to be conducted, from supplier selection to contract execution, ensuring consistency and compliance across the organization.

Cost of ownership 52

Cost of ownership Supply Chain Efficiency Procurement Strategic sourcing 52

Procurement Templates

SEPTEMBER 14, 2023

Procurement, often considered the gateway between an organization and its suppliers, plays a central role in this transformation. This involves selecting suppliers and partners who are committed to ethical and eco-friendly practices. Moreover, transparency and communication are critical in supplier relationships.

Sustainability 130

Sustainability Supply Chain Efficiency Procurement Ethics 130

Procurement Leaders

MAY 30, 2022

Like an increasing number of companies, property services giant CBRE recognises the value of using procurement to drive social impact through spending with diverse suppliers and social enterprises. Identifying new diverse suppliers to ensure coverage across all key categories of spend. Helping supplier development.

Suppliers 130

Suppliers Influencing Procurement team Procurement 130

ivalua

DECEMBER 20, 2019

One size does not fit all when it comes to supplier onboarding. Best practices have evolved to a tiered approach that segments suppliers and adapts to dynamic business needs. . A tiered approach to supplier onboarding helps Sourcing and Procurement leaders develop a sensible list of checks and resources.

Suppliers 100

Suppliers Contract Vendor relationships Innovation 100

Procurement Templates

NOVEMBER 26, 2023

A tool that can help you shift through mountains of supplier data. Organizations can proactively identify cost-saving opportunities, mitigate risks, and enhance supplier performance. Navigating Ethical Considerations One of the discussions around AI is that ethical considerations loom large.

Procurement 130

Procurement Supply Chain Efficiency Ethics Supply Chain Optimization 130

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.

Sustainability 181

Sustainability Contract Procurement Negotiation 181

HICX

NOVEMBER 28, 2022

Costas Xyloyiannis, CEO of HICX, discusses how organisations can achieve sustainable procurement with strong supplier partnerships. Meanwhile, according to a recent Deloitte study , 45% of Gen Z consumers stopped purchasing certain brands because of ethical or sustainability concerns.

Sustainability 52

Sustainability Suppliers Procurement Ethics 52