Earlier this week, Procurement Leaders reopened the discussion (wound?) on how best to measure procurement cost savings. This topic has been a source of debate since the inception of the first procurement department. And one that will continue to range on for the foreseeable future.
In fact, we at Supply Excellence have documented (and contributed to) [...]
Cost Savings Don’t Matter: Why You’re Measuring the Wrong Thing
September 30th, 2009 · 3 Comments · enviro/social sustainability, supplier management, supply management, supply market dynamics
Tags: enviro/social sustainability·supplier management·supply management·supply market dynamics·Sustainable Sourcing
Wal-Mart’s CSR program saves oil AND $3.5 million
September 24th, 2009 · 4 Comments · LCCS and trade, enviro/social sustainability, sourcing
Yesterday, Procurement Leaders ran a story on the impact of Wal-Mart’s efforts to reduce excess packaging in the toys they carry. In addition to the reduced consumption of paper and plastic in the actual packaging, the article reports that the changes saved Wal-Mart 727 shipping containers and 1,300 barrels of oil in comparison to the [...]
Tags: enviro/social sustainability·LCCS and trade·packaging·retail·Sustainable Sourcing·transport
EcoVadis’ Sustainable Procurement Benchmark Report (Part 2): Six Action Principles
September 9th, 2009 · No Comments · best practices, enviro/social sustainability, sourcing, supplier management, supply management, supply risk
In Part 1 of this series, we looked at the results of EcoVadis‘ recent Sustainable Procurement Benchmark Report (download here). Although a full 90% of procurement directors reported that sustainable procurement is an “important” or “critical” objective, organizations are struggling to determine if, when and how to move forward on their sustainability initiatives.
The recession likely [...]
Tags: best practices·enviro/social sustainability·procurement·sourcing·supply risk·Sustainable Sourcing
EcoVadis’ Sustainable Procurement Benchmark Report (Part 1): Surprising traction during downturn
August 31st, 2009 · 1 Comment · LCCS and trade, enviro/social sustainability, sourcing, spend analysis, supplier management, supply management, supply risk
EcoVadis, whose platform enables companies to measure their global suppliers’ sustainability performance, released the results of their 4th annual survey, the Sustainable Procurement Benchmark Report (download here), earlier this month. Despite the global economic downturn, the survey of 95 procurement executives found a somewhat surprising number of companies in Europe regard their CSR and sustainability [...]
Tags: EMEA·enviro/social sustainability·procurement·recession·regulations·supply management·supply risk·Sustainable Sourcing
Cap & Trade: Steel Not Ready to Go Green Just Yet
July 22nd, 2009 · 2 Comments · LCCS and trade, Top 5 Supply Strategies, enviro/social sustainability, metals, sourcing, supplier management, supply management, supply market dynamics, supply risk
Battle lines have been drawn in the fight over carbon emissions. Late last month, the US House of Representatives passed the Waxman-Markey Bill, which in addition to an infusion of R&D money would create a cap and trade system for carbon, giving away 70% of the available carbon credits while auctioning off the remaining 30%. [...]
Tags: buyer's market·commodities·enviro/social sustainability·LCCS and trade·metals·procurement·regulations·sourcing·steel·Sustainable Sourcing·Top 5 Sourcing Opps·webinar

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