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Key Success Factors for Sustainable Procurement

SIPMM Professional Publications

Organizations that seek to integrate sustainability into their business practices and strategies are increasing. Social and environmental factors are top priorities to be embedded into procurement and buying functions, to create a sustainable procurement strategy.

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Key Drivers for Social Sustainable Procurement

SIPMM Professional Publications

The key drivers of sustainable procurement were found to be, social and environmental factors into thought along with financial factors in making procurement decision. The three proportions of sustainability: environmental superiority; social impartiality; and economic success.

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Why Supply Chain Convergence is Critical to Greater Agility and Resilience

Logistics Viewpoints

Many factors need to align for an organization to be able to source materials, produce a product and put it in the hands of customers. The pandemic has exposed flaws in business practices across industries, which have been acutely felt in their supply chain and procurement operations. Gap between supply chain and procurement.

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Automotive Supply Chains not Sustainable

Logistics Business Magazine

A global re-orchestration is underway as procurement from offshore locations fell by 22% in the past two years. Europe leads this trend having reduced offshore procurement by a quarter since 2021. Automotive organisations need to balance sustainability and circular economy with factors like cost and affordability.

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Quantifying Supply Chain Co2 Emissions

Logistics Business Magazine

Efficio, a global procurement and supply chain consultancy, is working with business leaders to do just that – turning attention to the supply chain to make the biggest impact on ESG. That’s because supply chain emissions typically make up 40-80% of an organization’s total carbon emissions – sometimes even reaching over 90%.

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Autoliv’s Supply Chain Risk Management Journey

Logistics Viewpoints

, in turn, is a boutique procurement consultancy. As the Automotive OEMs improved their supply chain risk management processes, they then turned to their key suppliers to improve their risk management processes. This intermediate step is more related to Procurement and supply chain transparency. This is our “supplier board”.

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Transporeon Unveils Platform Innovations

Logistics Business Magazine

Stephan Sieber, CEO of Transporeon, commented: “In today’s fast-paced world of transportation and logistics, adaptability is key for companies to survive and thrive. With Rate Benchmark, users can easily spot opportunities and make informed procurement and pricing decisions and improve tenders.