EcoVadis has used its latest purpose report to set out a more ambitious role for sustainability ratings in corporate supply chains, as procurement teams, suppliers and investors face growing pressure to turn ESG commitments into measurable action. The Paris-based company said more than 1,400 procurement…
Vendor management has moved from an administrative back-office task to a core business discipline, as companies grapple with larger supplier networks, tighter compliance demands and more pressure to move quickly. According to the company’s announcement on 6 May, organisations that once relied on spreadsheets and…
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Green Cabbage has unveiled Harvest, a new agentic AI platform it says is designed to help procurement teams make faster decisions, negotiate more effectively and reduce spending. The Pittsburgh-based company, which positions itself as a specialist in procurement intelligence, said the platform was developed with input from its executive advisory…
SourceDay has said its autonomous procurement software is moving beyond pilot use, pointing to live customer deployments that it says processed 597,000 supplier-initiated purchase order changes across 120,000 supplier entities and $20bn in annual direct spend. The Austin-based company said its Decision Automation Engine carried…
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Procurement has moved far beyond its old reputation as a quiet back-office discipline. In an environment shaped by higher financing costs, supplier instability and volatile prices, it has become a test of whether a business can keep operating at all, according to Stas Nikонов, managing director for product development at…
South Africa’s push to rebuild its industrial base may stand or fall on a detail often treated as technical rather than strategic: how public procurement is designed. As the government prepares for a vast expansion of transmission infrastructure, the choices made in tender structures, qualification…
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View AllHindustan Unilever is reworking one of the most fundamental parts of its business as consumer demand becomes faster, more fragmented and more channel-specific. The company’s new Nano DC model is designed to support a retail environment in which orders can be placed within minutes, demand can swing sharply by the…
Healthcare supply chains are increasingly being judged as a source of margin protection rather than a back-office buying function, according to a new Black Book Research survey that says hospital systems are still struggling to give executives timely visibility into performance. The study, based on…
