Why Transparency Matters to Us All
Posted: 01/15/2021 - 07:40
Sustainability
Navigating Supply Chain Complexities With Sustainability
Posted: 12/22/2020 - 04:50
This year has proven complex for organizations and their supply chains as they adapt to an ever-changing landscape filled with new risks and volatilities.
Forward-thinking leaders are turning to sustainability as the solution for building long-term resiliency and ROI. The recently released EcoVadis Business Sustainability Risk & Performance Index shows there is additional work to be done in the journey toward more sustainable business.
The Case for Changing the Chief Procurement Officer Role
Posted: 09/30/2020 - 23:19
Procurement Sentiment and Observations
During this pandemic, many organizational CEOs and Board members have become aware of and startled by the inefficiencies and bureaucracies in their Procurement organizations. C-suite executives discovered their organizations were in predicaments with deep and broad implications none of us had previously fathomed. Most of us never imagined we’d need to find new suppliers, support, or transition from current ones to diversify for business continuity at the drop of a hat.
Innovative Hybrid Technology Will Safeguard COVID-19 Vaccine
Posted: 09/23/2020 - 04:49
Recent headlines are dominated by the news that the University of Oxford research team is seeing promising results from early trials of its Covid-19 vaccine candidate. Now we must turn our attention to the vital technology that ensures that doses of any viable vaccine reach locations in a state without the need for retesting.
It’s Time for IT to Transition to a Circular Economy
Posted: 07/24/2020 - 03:44
With greater attention on sustainability and the direct need to meet climate goals, purchasers are looking for ways to change. One place to start is with the 170 million notebook computers produced and sold around the world every year. Rethinking an organization’s purchase and use of IT products like those notebooks can dramatically cut an organization’s carbon footprint – and save money - without affecting performance.
Why Sustainable Fashion is Key to Supply Chain Sustainability
Posted: 06/25/2020 - 00:59
When considering sustainability in the supply chain, the first concepts that typically come to mind are solutions like green warehouse space or fuel-efficient trucks.
Sustainability in the supply chain extends much further than that. In retail, for instance, the clothing and fashion industry have the opportunity to progress through building a more sustainable approach.
The current clothing retail climate is somewhat dominated by fast fashion, a practice of mass-producing clothing items cheaply, so they can be sold in the most cost-effective way possible.
The Growing Business Criticality of a Sustainable Supply Chain
Posted: 06/15/2020 - 22:09
Environmental and social governance (ESG) and sustainability have quickly transitioned from “nice-to-haves” to essential components of creating long-term, measurable business value.
Value Beyond Savings: 4 Ways Procurement Can Make An Impact
Posted: 05/22/2020 - 21:05
One of the most significant procurement trends we’ve seen so far in 2020 is delivering value beyond savings. So what exactly does this mean in the context of the function’s traditional goals?
Savings, as we all know, have long formed the foundation of procurement’s ROI to the organization. It’s been our primary charter over the years and is quite literally how the function has “paid its bills.”
Why Sustainable Procurement is Becoming a Bigger Deal
Posted: 03/27/2020 - 00:08
Several recent developments suggest that sustainable procurement is about to become a more significant priority for business and procurement leaders. In August of last year, for example, the Business Roundtable – a non-profit association whose members are the CEOs of major U.S.
What 100k Assessments Taught Us About Supply Chain Sustainability
Posted: 02/03/2020 - 00:00
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.
Sourcing in the Circular Economy
Posted: 12/05/2019 - 09:51
Procurement plays a vital role in bringing new products and services to market, creating jobs and delivering economic prosperity for customers, stakeholders and shareholders. Sourcing plans identify value propositions, partnership and investment opportunities, new and emerging capabilities that have a substantial “positive” impact on the bottom line.
Can B2B Transactions Help Tackle Today’s Most Pressing Challenges?
Posted: 11/22/2019 - 05:17
The role of business is quickly changing. Consumers, employees and investors expect businesses to act sustainably with more transparency – while also giving back to the communities that they operate in. To drive corporate social responsibility and sustainability holistically, companies need to examine their actions and operations to ensure their day-to-day activities align with the organization’s larger corporate commitments.
Innovations in Sustainability: EcoVadis & Avery Dennison
Posted: 08/26/2019 - 06:18
Can you outline why your team embarked on this project and the problem that needed to be solved?
Avery Dennison recognizes that its environmental and social impacts extend beyond its own walls. Led by Mitch Butier, President and CEO, Avery Dennison sets high standards and goals for responsible purchasing practices as part of its overall sustainability vision. Its business philosophy originally started with “first, do no harm,” but then quickly evolved to “become a force for good.”
Rising Star Interview: Ruchi Aswal
Posted: 08/21/2019 - 23:29
How did you get into this field – was it purposeful or by accident?
It was by accident.
Innovations in Sustainability: SAP Ariba
Posted: 08/20/2019 - 03:09
Can you outline why your team embarked on this project and the problem that needed to be solved?
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