Sustainable Procurement

Value Beyond Savings: 4 Ways Procurement Can Make An Impact

Posted: 05/22/2020 - 21:05
Procurement value

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.”

6 Tips to Drive Sustainable Procurement

Posted: 04/22/2020 - 22:07
Sustainable business

In 2020, you can bet your bottom dollar that consumers won’t be spending theirs on your products if you aren’t striving to operate sustainably.

For years, naysayers have argued that the consumers who say they want sustainable products aren’t actually willing to part with the extra cash to acquire them, opting for fast-fashion and plastic packaging over higher price points. Recent research proves this is simply not the case.

7 Steps to Build and Execute your Sustainable Procurement Initiative

Posted: 04/20/2020 - 05:26
Sustainable procurement

Identify Your Sustainability Priorities

To build a sustainable procurement process that complements your company’s core mission, the next step to take after conducting a thorough spend analysis is to identify the blend of environmental, social and economic sustainability goals your organization both prioritizes and is able to make real impact by addressing.

Sustainable Procurement: What You Need to Know in 2020

Posted: 03/16/2020 - 01:41
Sustainable Procurement

Sustainability is one of the most important trends of our time – and it looks set to dominate business discussions well into the foreseeable future. In fact, studies have made the case for sustainability to be considered a new type of competitive priority, joining quality, cost, reliability, timeliness, flexibility and innovation as one of the core factors for building competitive businesses.

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.

How to Know if Your Print Suppliers are “Green”

Posted: 05/21/2019 - 02:06
Environmental sustainability has become an important topic among sourcing professionals over the past few years. A recent Google search using the term “sustainable procurement” returned just under 28,000 results, and that included only results for the past year. Searches using the terms “sustainable purchasing” and “sustainable sourcing” produced a similar number of results.
 
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