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Sourcing/Procurement/SRM: Page 59

Caveat Emptor: Procurement Continues to Ignore Sustainability at its Own Risk
A December 2023 study reveals that 40% of procurement leaders have yet to integrate sustainability into their decision-making processes, and 37% remain unaware of pertinent legislation.
Three Steps to Securing Microchip Supply in a Chaotic Global Market
By practicing foresight and preparing for the inevitable hiccup, manufacturers can go a long way toward ensuring that a shortage of microchips doesn't cause their facilities to lay dormant.
Photo: iStock.com/crstrbrt
Four Ways to Reduce Your Scope 3 Emissions From Within
While the effort may be more challenging than Scope 1 and 2 reporting, there are many things a company can do to reduce Scope 3 carbon emissions.
Photo: VectorMine, iStock
Scope 3 Emissions Reporting: Under the Spotlight for All Businesses
Emissions reduction isn't only a business imperative — it's an environmental necessity. Scope 3 reporting motivates the business world to generate impactful change.
Photo: iStock.com/Tramino
How AI Transforms Trade Classification and Compliance
The trading world is a perfect candidate for artificial intelligence-based tools and capabilities, to enhance the quality and productivity of classification and compliance.
Photo: iStock.com/KmqAaXS93aYb7xm
How Procurement Innovation Creates Value in Financial Services
Once regarded as a back-office process, procurement is finally getting the respect it deserves, recognized for its contribution to the organization's long-term, strategic agenda.
Photo: iStock/Diego Thomazini
The Modern CPO Requires Better Data for High Performance
Procurement teams across the globe are stepping up, adapting and innovating amid whispers — and sometimes shouts — of economic uncertainty.
Image: iStock.com/bestdesigns
How AI Helps Procurement Professionals Advance Their Organizations
In addressing the headcount gap, artificial intelligence is more than a tool. It’s a force multiplier for procurement professionals.
Photo: iStock / Boonyakiat Chaloemchavalid
Diversifying Production From China: Welcome to ‘The Great Reallocation’
Doubts about China as the ideal place to manufacture cheap consumer goods for the West have been voiced for years.
China Flag Leaving China Fading I Stock Selamiozalp 1488687623
Improving Vendor Management With Supplier Scorecards
The frequency and magnitude of supply chain problems can be reduced through the use of supplier scorecards.
Photo: iStock.com/Igor Kutyaev
How Supplier Diversity Can Yield Better Business Outcomes
Supplier diversity programs are not only good for society; they’re crucial to enhancing supply chain competitiveness, risk mitigation and cost reduction for businesses.
Photo: iStock.com/Stella_E
Charting a Sustainable Path: Retail Supply Chain Evolution in 2024
Retailers have an opportunity to prioritize a more sustainable supply chain. But how can they do this while continuing to grow the business?
Photo: iStock.com/ipopba
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