Global

How Artificial Intelligence Can Be Used in Your Supply Chain

Posted: 02/12/2020 - 04:33
Using Artificial Intelligence in Supply Chain

Artificial Intelligence (AI) has now invaded how industries operate in more ways than we can count and know. It has developed into a welcome (and now necessary) addition to boost efficiency, sharpen forecasts and speed up certain processes. Any company that sells a product has a supply chain, which is the network of all the stakeholders involved in the creation and distribution of a certain product, and any supply chain can benefit from AI.

5G and Procurement: Ushering in a Revolutionary Change in Internet Connection

Posted: 02/10/2020 - 03:17
5G and Procurement

Advancements in new technologies always assure to crop up with proficiency gains, high throughput and lower costs. When it comes to such advancements, the job for procurement is to have a clear understanding about how they function, what they are and what exactly they will make over for the greater cause of the business.

The Risks of a "Hero" Culture

Posted: 02/07/2020 - 00:00
Risks of a hero culture.

What is a hero at work?

At some point, most of us have worked for an organization steeped in a “hero” based culture.  This culture can be found within a company dominated and ruled by employees that go the extra mile, and are dedicated, intelligent, knowledgeable and hard-working. Your classic hero is generally ambitious and at the top of their game.

What 100k Assessments Taught Us About Supply Chain Sustainability

Posted: 02/03/2020 - 00:00
Supply Chain Sustainability

At EcoVadis, we recently reached a major milestone on our road to improving sustainability and CSR performance across global supply chains — our 100,000th sustainability assessment. Since our first assessment in January 2008, we have collected data on more than 55,000 suppliers in 198 industries from 150 countries. Believe me, much has changed over the years.

As we look forward to our next 100,000 assessments, here is a look back at four things we’ve discovered.

Millions of Choices

Posted: 01/29/2020 - 00:00
Millions of Choices

Welcome to the new decade and new year. This is when we set big lofty goals to accomplish changes in our lives and careers. Unfortunately, we often set these goals and they remain as just that — goals. They stay in our heads, in our journals or in our hearts. Commonly, at this time of year, we also tend to feel many regrets that another year passed and we are still nowhere closer to our goals or, worst case, even farther away.

To quote one of my all-time favorite songs:

Dumbed down and numbed by time and age,

Procurement Is the Ultimate Guardian of Responsible Supply Chains

Posted: 01/27/2020 - 00:00
Procurement Is the Ultimate Guardian of Responsible Supply Chains

Imagine a world where all people thrive within the environmental boundaries of our planet. Picture a planet where the immediate threat of climate disaster has been avoided and where global businesses have evolved their business models to support a responsible and low-carbon economy.

Whilst is seems a bit far-fetched looking at today’s realities, we fundamentally believe this world vision is possible and millions of procurement professionals worldwide are mission-critical in making this come true.

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