While social sustainability can often be ill-defined, social impact travel presents an opportunity for businesses to blaze a trail and show they take their role in society seriously
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While social sustainability can often be ill-defined, social impact travel presents an opportunity for businesses to blaze a trail and show they take their role in society seriously
Category managers must rationalise the supply base, build their influence and review plans regularly to deliver on tough savings targets in an inflationary environment
Effective use of data is about much more than access to information. Instead, leaders must take a more holistic approach
Buyers are expanding the definition of critical suppliers, mapping the supply chain beyond Tier-1 and segmenting suppliers based on risk
IT category managers discuss some of the difficulties they currently face – and how they are overcoming these issues
Category managers use a purpose-built spend analytics tool to review historical spending, identify sourcing opportunities and develop their savings goals
Leaders must be clear on the scope of their sustainability strategy and which suppliers to include, among other factors
Be it through automation or analytics, developments in new and existing technologies promise a step-change in category management performance
Facing internal and external pressures, CPOs must embrace new structures, value drivers and technologies
With businesses anticipating a return to growth in 2021, the most progressive CPOs are finding creative ways they can impact the top line
Research from the procurement community reveals how leading functions drive revenue growth and measure their top-line contribution
Leading companies are increasing their spending with diverse suppliers, encouraging their non-diverse suppliers to do the same while also helping diverse business to grow
Leading procurement teams incentivise staff to meet environmental and innovation targets so they can drive sustainable growth
With businesses more sensitive to risk, logistics buyers have been able to fast-track investments in digital technologies that enable agility, cost savings and other efficiencies.
Leveraging technology is one way of helping procurement professionals to improve their cost models
The company has created a responsible sourcing process that encourages supplier development, covering 91% of its raw materials, packaging and contract manufacturing spend
Covid-19 has presented an opportunity for procurement teams to increase their involvement in the professional services category, with businesses placing more value on prudent spend management in view of the financial disruption caused by coronavirus.
With climate-related supply chain costs expected to rise in the coming years, Procurement Leaders showcase three companies that are developing ways to embed sustainability within procurement
Corporates are strengthening their commitments to traceable supply chains – and for good reason
A range of tools and methods are available that provide buyers with the full picture of suppliers’ costs