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DIGITISING PROCUREMENT: THE KEY TO SUCCESS OR FAILURE

A new Probrand/CIPS report reveals that the majority of businesses are really lagging behind in digitising their procurement processes. It’s serious. Probrand recently carried out a study, produced in partnership with CIPS, to survey procurement professionals and IT buyers to...

SUSTAINABLE SUPPLY CHAINS PUT THE CUSTOMER FIRST

When we consider the supply chain, we typically think of factories, ships, trucks, and warehouses. Yet, the customer side is equally important, especially in efforts to make our distribution networks more sustainable. Customers are an untapped resource in building sustainability,...

HOW TO MITIGATE ESG RISK USING SUSTAINABLE PROCUREMENT

Because supply chain emissions often dominate corporate carbon footprints, procurement is central to delivering on a company’s environmental, social and governance (ESG) agenda and ultimately on corporate net-zero pledges on emissions. Yet still too many companies fall short of being...

LOOK INTO SUCCESSFUL TRANSITION TO A SMART FACTORY

Workplace digitalization and connectivity offer a differentiation strategy to manufacturers buffeted by the economic headwinds of recent years. While smart factories offer economic and competitive advantages, the planned benefits may fail to materialize due to a poorly implemented transition. The...

THE IMPACT OF ARTIFICIAL INTELLIGENCE ON PROCUREMENT

The convergence of Procurement with Artificial Intelligence is changing both procurement and the world itself. Here’s how. Notice that, from the dawn of civilisation, procurement has become more effective in-step with technological development. AI is the capstone of technological development,...

HOW DIGITAL DISRUPTERS CAN SCALE IN ANY ECONOMIC ENVIRONMENT

Operational bottlenecks and inefficiencies bog down expansion plans, and negatively impact product success, customer experience and sales growth. In this VB Spotlight, learn how digitally native businesses can identify opportunities to scale operations efficiently and accelerate growth. Digital disruptors are...

HOW MANUFACTURING COMPANIES ARE USING RECYCLED MATERIALS

An increasing number of manufacturers want to employ recycled materials and make production processes more eco-friendly, which is encouraging. Only a united commitment to source-recycled materials in place of virgin raw materials during production processes will create a stable demand...

WHY IS ESG FRAMEWORK SO IMPORTANT TO AGRICULTURE

In the modern age, ESG framework is more crucial than ever. The world is in a constant state of flux due to the pandemic, climate change, and social awareness, which means consumers want to know their money is going to...
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