Environmental, Social, and Governance, or ESG for short, is not a new concept. You can think of it as a more evolved and measurable form of Corporate Social Responsibility (CSR). With growing pressure on businesses worldwide, developing an effective ESG strategy for...
Supplier Relationship Management – The Secret to Effective Supplier Relationships
Aug 2, 2022 | Blog | Sourcing Education
For the longest time, the procurement scale has tipped in favor of the buyer. However, the post-pandemic era has seen a dramatic shift in the business landscape. Constrained supply chains and the associated shortages have resulted in mounting pressures from the...
How to Deliver a Data-Driven Procurement ESG Program Fast
Jul 26, 2022 | Blog | Sourcing Education
ESG (Environmental, Social, and Governance) is an investment and corporate philosophy built around sustainability and social responsibility. Procurement ESG programs have taken center stage over the last couple of years, as more and more countries are committing to...
Supply Chain Resilience and Sustainability – Partners or Adversaries?
Jul 19, 2022 | Blog | Sourcing Education
One of the most critical lessons learned during the pandemic and its aftermath has been the importance of supply chain resilience. As organizations have been coming to grips with this reality, they have also been working toward achieving the goal of sustainability....
Box and Arkestro—Procurement Key Performance Indicators and Actionable Insights For Enhanced Supplier Diversity
Jul 12, 2022 | Blog | Sourcing Education
Box is one of the most widely used enterprise technologies in the world for secure content management, workflow, and collaboration. Box continuously advocates for ESG and supplier diversity, but previous visibility into their supplier diversity spending was limited....
Predictive Procurement: Your Solution to Supplier Diversity
Jul 5, 2022 | Blog | Sourcing Education
Supplier diversity is increasingly being recognized as a critical objective for procurement. There are multiple reasons why this is such an important goal. From a societal viewpoint, organizations that achieve supplier diversity help address inequality and social...
Top 5 Predictive Procurement Metrics
Jun 28, 2022 | Blog | Sourcing Education
We don’t need to go into the myriad challenges that have disrupted procurement and sourcing over the past two years. Since the COVID-19 pandemic first began, the supply chain has been upended—although the ultimate cause of the disruption might not be what you think....
Why Predictive Procurement in Health and Pharma is the Future
May 31, 2022 | Blog | Sourcing Education
Harvard Business Review has several articles that provide an excellent primer on the background of procurement in the health and pharma industries and the challenges they‘ve faced during the COVID-19 pandemic. The authors point to the need for procurement to play a...
How to Solve Supply Chain Disruptions — It’s Not What You Think
May 24, 2022 | Blog | Sourcing Education
As 2019 wound down, who would have predicted that how to solve supply chain disruptions would become one of the top headlines? Especially throughout the next three years? Not just in trade publications, either. Supply chain disruption has become something that all of...
4 Steps to Start and Grow an ESG Strategy
Aug 16, 2022 | Blog | Sourcing Education
Environmental, Social, and Governance, or ESG for short, is not a new concept. You can think of it as a more evolved and measurable form of Corporate Social Responsibility (CSR). With growing pressure on businesses worldwide, developing an effective ESG strategy for...
Supplier Relationship Management – The Secret to Effective Supplier Relationships
Aug 2, 2022 | Blog | Sourcing Education
For the longest time, the procurement scale has tipped in favor of the buyer. However, the post-pandemic era has seen a dramatic shift in the business landscape. Constrained supply chains and the associated shortages have resulted in mounting pressures from the...
How to Deliver a Data-Driven Procurement ESG Program Fast
Jul 26, 2022 | Blog | Sourcing Education
ESG (Environmental, Social, and Governance) is an investment and corporate philosophy built around sustainability and social responsibility. Procurement ESG programs have taken center stage over the last couple of years, as more and more countries are committing to...
Supply Chain Resilience and Sustainability – Partners or Adversaries?
Jul 19, 2022 | Blog | Sourcing Education
One of the most critical lessons learned during the pandemic and its aftermath has been the importance of supply chain resilience. As organizations have been coming to grips with this reality, they have also been working toward achieving the goal of sustainability....
Box and Arkestro—Procurement Key Performance Indicators and Actionable Insights For Enhanced Supplier Diversity
Jul 12, 2022 | Blog | Sourcing Education
Box is one of the most widely used enterprise technologies in the world for secure content management, workflow, and collaboration. Box continuously advocates for ESG and supplier diversity, but previous visibility into their supplier diversity spending was limited....
Predictive Procurement: Your Solution to Supplier Diversity
Jul 5, 2022 | Blog | Sourcing Education
Supplier diversity is increasingly being recognized as a critical objective for procurement. There are multiple reasons why this is such an important goal. From a societal viewpoint, organizations that achieve supplier diversity help address inequality and social...
Top 5 Predictive Procurement Metrics
Jun 28, 2022 | Blog | Sourcing Education
We don’t need to go into the myriad challenges that have disrupted procurement and sourcing over the past two years. Since the COVID-19 pandemic first began, the supply chain has been upended—although the ultimate cause of the disruption might not be what you think....
Why Predictive Procurement in Health and Pharma is the Future
May 31, 2022 | Blog | Sourcing Education
Harvard Business Review has several articles that provide an excellent primer on the background of procurement in the health and pharma industries and the challenges they‘ve faced during the COVID-19 pandemic. The authors point to the need for procurement to play a...
How to Solve Supply Chain Disruptions — It’s Not What You Think
May 24, 2022 | Blog | Sourcing Education
As 2019 wound down, who would have predicted that how to solve supply chain disruptions would become one of the top headlines? Especially throughout the next three years? Not just in trade publications, either. Supply chain disruption has become something that all of...