The traditional way of understanding and measuring value for chief procurement officers (CPO) and their organizations has been buying “more products for less money.” However, new metrics and ways of creating and measuring the value [...]
How purchasing companies can ensure that their suppliers are keeping the right standards when it comes to working conditions and workers’ rights. The development of markets globally has led to longer and more complex [...]
Research points to keys to improve supplier performance management According to McKinsey, companies are not spending enough to streamline their procurement operations. They say that for most companies the procurement operating expenses are less than [...]
According to Bloomberg, a study of quarterly earnings reports among companies in the S&P Energy index revealed an increase in use of Environmental, Social and Governance (ESG) related terms. Is this indicative of an increase [...]
2020 is gone but the realignments that it forced companies to undergo are simply starting. The full impact will be seen soon and one area to keep an eye on is disclosures in environmental, [...]
What is ESG stakeholder engagement? ESG stakeholder engagement is how a business exchanges information and dialogues on topics that impact the business, its employees, customers, investors, suppliers, trade groups, regulators, non-governmental organizations, public health [...]
Walmart is a retail leader serving more than 260 million customers and members each week. In FY2020, Walmart had revenue of $524 billion from its stores and ecommerce sites. Recognized for its leadership in environmental [...]
Hanesbrands (NYSE: HBI) is a socially responsible leading marketer and manufacturer of everyday basic inner-wear and active-wear apparel. HBI is recognized for its commitments to science-based environmental targets and addressing the use of plastics and [...]
