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Sustainable procurement: Everything You Need to Know

Precoro

March 21 was the second annual iteration of World Sustainable Procurement Day , an online event organized by the Sustainable Procurement Pledge team, SPP Chapters, SPP Champions, and partners to raise awareness about the importance of ethical procurement and to share the best sustainability practices with organizations worldwide.

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Why Agile Procurement is Essential for CPOs in 2020

Jaggaer

His insights are numerous, and can all be heard in his full podcast episode, but among them is his main focus in 2020, the opportunity presented by agile procurement. Bartolini’s view of modern procurement is one of an industry at a crossroads. However, he finds hope in how procurement has adjusted in the recent past.

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Why Supplier Information Management (SIM) Is Key To Detecting and Preventing Fraud

HICX Solutions

According to procurement consultants Comprara, it is estimated that by 2027, more than $348 billion will be lost globally due to fraud. Fraudulent acts are a particular concern for the procurement industry and steps have been taken in recent years to combat its escalating impact upon both organizations and suppliers.

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Added Information to Report of Volkswagen Battery Plant Investment in Canada

Supply Chain Matters

Plans reportedly call for the facility to be operational by 2027. Inflation Reduction Act , which fosters consumer incentives to purchase EV vehicles if 50 percent of major battery components are produced in North America. These incentives reportedly involve annual subsidies and grants to offset the facility’s cost.

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National Barcode Day 2023

Enterra Insights

Barcode systems help businesses and organizations track products, prices, and stock levels for centralized management in a computer software system allowing for incredible increases in productivity and efficiency. The post National Barcode Day 2023 first appeared on Enterra Solutions. But in truth a barcode is so much more.

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The 10 inventory management trends to watch for in 2022

Unleashed

Inventory analytics goes mainstream. Easily connect high-value tools that utilise new data capabilities, like ERP, inventory management for manufacturers, smart accounting software, CRM, etc. Set up new services and scale up or down based on demand with very little extra cost (little to no on-premise hardware is required).

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Ensuring Compliance with the EU Carbon Border Adjustment Mechanism

Exiger Perspectives

Firms are not only required to provide accurate carbon emissions data and rethink supplier engagement but also to contend with the potential financial and supply chain roadblocks from noncompliance and higher costs. Pilot product importers must calculate and report emissions.