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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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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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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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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.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Following the outbreak of Covid-19, 93% of senior supply-chain executives reported their intent to make their supply chains more flexible, agile, and resilient. Chain Store Age ).

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Volkswagen Selects Canada for North America Battery Production

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. Thomas, Ontario , upwards of a two hour drive from Detroit.