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To succeed in today's digital era, buyers should apply essential principles to keep business strategy governance.

Learn how to support your procurement department in its CSR strategy and sustainability initiatives.

From 01 January 2023, the Due Diligence Act, also known as the Supply Chain Act, will apply to companies with more than 3,000 employees, and from 2024 to companies with more than 1,000 employees.

Risk is moving up on the agenda of corporate leadership due to its impact on the bottom line, market valuation and shareholder value. As modern supply chains grow more complex, the historical predominance of reactive risk management is no longer…

To thrive in an era of intensified competition and volatility, the onus is on procurement to evolve its capabilities to not only become more efficient but also enable the enterprise to realize its strategic objectives.

More and more companies experience the value of Strategic Supplier Management (SRM) from using a Supplier Self-Registration, to capture all relevant documents, insurances and certificates and to develop them further.

Procurement organizations can execute work with 25% fewer full-time equivalents (FTE)s and at a 17% lower cost than they do today by adopting smart automation to optimize structured knowledge and interaction work.

Artificial Intelligence, at the same time feared, admired, looked at closely and across purposes, offers tremendous opportunities for companies to revolutionize their organization, transform their approach to work and increase their performance.

Jon Hansen examines the fact that although participants recognized the potential impact that digital reinvention would have on the growth of revenues and profits, only 2 percent report that the supply chain is part of their “forward-looking digital strategies.”