Blog / Gary Wollenhaupt
help companies manage their carbon footprint by reducing direct or indirect greenhouse gas emissions. The pressure is on to transition to a carbon-neutral supply chain by 2050.
Ocean shipping is a well-known producer of greenhouse gas emissions, producing about 3 percent of global GHG emissions while transporting about 10 billion metric tons of cargo each year.
Economic pressures have accelerated procurement’s transformation from a transactional function to a vital enabler of business growth, supporting multiple objectives of agility, transparency, resilience, collaboration, and social impact.
gle to manage growing spend in the inflationary climate, cost avoidance may be the best metric to show their value, and CPO Live speaker Jane Thomson tells you how to make the shift
igher prices seem to be an expectation these days, procurement pros should dig deeper to understand the real effects of inflation on the goods and services they buy. It’s not as simple as accepting an across-the-board price increase at face value.
Given the challenges of today’s supply chain, procurement organisations search for ways to get better results and drive company performance. Technology-enabled procurement offers a path to overcome rising costs, material and labour shortages.
As the global climate change effort supports a transition towards a circular economy, the procurement function plays a critical role that surpasses traditional organizational boundaries.
Suppliers are using their new leverage to push back against policies and strategies that have been forced upon them, such as extended payment terms, annual pricing reductions, and lack of visibility and gain-sharing. If you feel the environment has changed in the past two years or so, you’re not wrong!