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10 Sustainable Supply Chain Technology Trends Transforming Business in 2025 Meta Description: Discover how AI, blockchain, and other emerging technologies are revolutionizing sustainable supply chain management in 2025. Learn about key innovations driving environmental and business value.
Mastering these skills not only optimizes procurement processes but also positions managers as strategic business partners. SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., SAP, Oracle) Procurement software (e.g., Coupa, Ariba) Data analytics tools (e.g., SAP, Oracle) Procurement software (e.g.,
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainable Community — Embracing Sustainability A sustainable community is one of the aims of integrating sustainability in every business. What is Sustainable Procurement?
Sustainable procurement has become more and more critical for businesses that want to reduce their environmental impact and improve their sustainable practices. When done right, it can bring massive benefits…
It’s no surprise that enterprises still struggle to track and manage these emissions. '10 From engaging with your supply chain to integrating advanced analytics and reporting, this paper charts a clear path to compliance and leadership in corporate sustainability. They form the bulk of an organization’s environmental impact.
In this article, we will discuss what a sustainable supply chain is. Once you are done reading this article, you will have a deeper understanding of sustainable supply chains. Additionally, you will know how to analyze your supply chain activities, especially sustainable procurement for you to achieve sustainability.
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.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Sustainability in Specifications — Embracing SustainabilitySustainability in specifications allows businesses to ensure that they are following their sustainable requirements to achieve success in sustainability.
Commercial real estate listings for storage facilities in or near major metropolitan areas have seen sustained demand as companies… Even before the pandemic happened, the warehousing industry was on fire.
Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managingsustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.
Sustainabilitymanagement and oversight frameworks should be designed not just to meet current standards but to set new benchmarks in sustainable business practices.
Visit our In-Depth Guide to Risk Management for an explanation of this complex environment. For today’s vendor viewpoint we spoke with Nick Francis, Chief Technology and Marketing Officer (CTMO) at Commercial Value Management specialist Brooklyn Solutions.
Tariff management is a strategic subset of direct materials management and sourcing that involves navigating and optimizing the complex costs and regulatory implications of importing materials and goods across borders. Tariffs essentially taxes imposed on imports and exports directly impact product cost structures.
Speaker: Kevin Kai Wong, President of Emergent Energy Solutions
In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. ♻️ Manufacturing corporations across the U.S.
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.
18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details → Or receive our famous weekly newsletter Kotter’s Theory — Embracing Sustainability in Procurement Kotter’s theory of change helps companies to introduce change in the business. However, what is it? So without further ado, let us now start!
A further one in four (24%) executives admit they do not know if their sustainability efforts are making any positive difference at all, and 20% say they are unaware if their business has any metrics in place to measure the effectiveness of their environmental initiatives in the first place.
Visit our In-Depth Guide to Risk Management for an explanation of this complex environment. For today’s vendor viewpoint we asked Austin Fuller, Director, Product Marketing at supply chain risk management specialist Exiger Have you witnessed a significant change of appetite for risk-related tech over recent years from your customer base? “Yes,
Speaker: Chris Townsend, VP of Product Marketing, Wellspring
In this new webinar, Chris Townsend, VP of Product Marketing at Wellspring, will provide a primer on how Growth Innovation works and why it is poised to become the next generation of Innovation Management!
This article serves as the executive summary of a six-part series built for finance and procurement leaders aiming to strengthen their organizations cash flow management and liquidity position. Cash flow management is no longer an isolated finance function, it requires end-to-end coordination across teams and systems.
Why stakeholder management matters in procurement digital transformation Stakeholder management is the foundation of any successful procurement digital transformation initiative. To understand why, lets look at the following parallel: Procurement professionals often discuss spend under management (SUM) as a key metric of success.
Whether your business provides products or services, your supply chain is at the heart of brand and business success. Each stage of your supply chain can impact on all three…
In 2025, supply chains are undergoing a fundamental transformation to meet the demands of a rapidly changing world. The convergence of technological advancements, environmental imperatives, and lessons from global disruptions…
Account-based marketing (ABM) is a key strategy for driving sustainable growth. Watch this webinar with Rachael Foster, Director of Account-Based Experience at ZoomInfo, and Dan Dolph, Manager of Account-Based Experience at ZoomInfo. Today, many B2B companies use ABM teams or technologies to make sales.
As a procurement professional, ensuring your suppliers are acknowledging the role of sustainability within their practices is highly important for, not only the obvious – improving the planet – but building effective relationships and meeting your company’s objectives. What Should a Supplier Sustainability Assessment Contain?
Managers must do what… Warehouses are among the most essential elements of our global supply chain. The packaging and shipping never stop, so warehouses expend lots of energy and emissions.
The modern procurement leader must manage risk, drive ESG, deliver cost savings and enable innovation often without additional headcount or budget. Procurement teams are spread thin and have to manage everything from basic sourcing to board-level ESG compliance. Procurement has long sought a strategic seat at the table.
Maja Tepeh , Senior Brand Manager at supply chain risk management solution Prewave , shares what their customers are looking for from their digital procurement investment. The role of procuretech in this sphere is to provide a clear ROI for sustainable practices both in revenue growth and cost saving.
The "TMS+" approach is more than a standalone Transportation Management System (TMS). It’s a supply chain execution technology that recognizes companies today operate as multi-party ecosystems, and that transport management activities are just one component of high-functioning supply chains.
Thats why local SEO, or Search Engine Optimization, is critically important for any business operation, and Supply Chain Management is no exception. If you are looking for ways to improve your supply chain management performance, e.g., by cutting costs and saving time, you must consider leveraging local SEO.
Organizations navigating increasingly complex global networks have discovered that integrating sustainable practices has multiple key benefits. Sustainability can drastically slash waste, streamline operational efficiency, and even improve employee engagement. As…
So, how we manage risk is what keeps me up at night… We try to be robust as a procurement organisation because, as a commodities company, risk is a part of our everyday life: we can have a crop failure, we can have a delivery failure, we can have a quality failure, so how do we handle that? . ” Stroup says.
Many businesses go to market for solution support within supplier management with ESG/Corporate sustainability as a primary compelling event, or driving factor. Customer requirements on more sustainable products/services, and/or requests for supply chain transparency/due diligence.
Governments worldwide have taken notice of the effect of global warming on the planet. Businesses worldwide rely on supply chains every single day for importing and exporting. Estimates show that…
With global efforts to raise awareness about climate change on the rise, more and more consumers are checking the eco credentials of the companies that they buy from. It’s no…
Alexandra Arens , Senior Content Marketing Manager at Onventis , shares what their customers are looking for from their digital procurement investment based on the 2024 Procurement Barometer study results and the DACH SME Procurement Barometer 2024. What do your customers prioritize when investing in procuretech?
Ivalua Spend Management Insights [ivory-search] Navigating CSRD Regulation: What Procurement, Supply Chain, and Finance Leaders Need to Know June 12, 2023 | | Sustainability by Vishal Patel In an effort to drive sustainability and combat climate change, the European Union has introduced the Corporate Sustainability Reporting Directive (CSRD).
Procurements most valuable players Jesus Campos , CEO CorporateLATAM, once wrote on Spend Matters that procurement functions must address two key areas to navigate the uncertainty of global markets: risk management and organizational structure the latter being relevant to our discussion on procurement transformation. The Risk Manager.
In this fast-paced economic landscape, the importance of strategic supplier relationship management cannot be overstated. Join us as we delve into the world of Supplier Relationship Management, unlocking the secrets to success in the face of tariff uncertainty.
As the automotive industry grapples with mounting challenges, a new trend is taking shape a strategic shift toward cash flow management and financial resilience. auto tariffs have reshaped supply chain dynamics, pushing the industry to rethink its approach to financial management in the digital age. Join us as we explore how U.S.
Supplier Relationship Management: Build and maintain strong supplier partnerships to ensure long-term business value. Risk Mitigation: Identify and manage procurement risks by ensuring supplier reliability, diversifying sources, and monitoring market trends. Savings can be cashable or non cashable i.e. cost avoidance.
Gathered around a table laden with insights and expertise, industry leaders recently convened at the institute for Supply Management to delve into the latest hot topics shaping the world of supply chain management.From procurement strategies to risk mitigation, the roundtable discussion was a lively exchange of ideas and perspectives.
As we fast forward to the horizon of 2025, the Institute for Supply Management News ventures into the unknown, exploring the enigmatic path that lies ahead. from artificial intelligence to sustainability, behold a glimpse into what’s in store for the dynamic world of supply chain management in the year 2025.
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