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How Sustainable Procurement Strategies Can Improve Spend Management

ProcurePort

Sustainability is now a crucial factor to survive in a rapidly changing and increasingly diverse marketplace. The post How Sustainable Procurement Strategies Can Improve Spend Management appeared first on ProcurePort Blog. Businesses must set themselves apart with values that are more than vision and mission statements.

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5 Steps to Strategic Spend Management

ProcurePort

• An organization’s long-term growth and sustainability are hinged on strategic management of organizational expenditures. • An organization’s spending determines how much money goes to suppliers and how much remains to pursue other strategic growth objectives.

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What is Legal Spend Management?

ProcurePort

What is legal spend management and how can you take back control of expenses incurred by your internal legal team? Keeping operating costs low at a company-wide level is pivotal for sustained growth and a healthy bottom line. This is why all departments, including the legal one, must have their spending carefully monitored.

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Sustainable Procurement Analysis — The Ultimate Guide

Procurement Tactics

Sustainable Procurement Analysis — The Ultimate Guide. However, what is it when it comes to sustainability? In this article, we will discuss what sustainable procurement analysis is. Once you finish reading this article, you will gain a deeper knowledge of what sustainable procurement analysis is.

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Sustainability in Procurement: Strategies and Challenges

ivalua

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.

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Developing a Useful Tail End Spend Management Plan

ProcurePort

As the transactional utility under which our economy operates, sustaining an income is a necessity for most of the world. The post Developing a Useful Tail End Spend Management Plan appeared first on ProcurePort Blog. For instance, income becomes a need the more independence we seek. However, when it comes to […].

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Spend Analytics as key enabler to achieve sustainable procurement value through Closed-Loop Spend Management (CLSM)

Spend Matters

We have explored where sustainability fits into the Procurement agenda, and how Procurement can embed sustainability into its processes, which has led to an exploration of how spend analytics can be applied to help an organization fulfil its sustainability goals. Read more. ). Read more. ).