ProcureTech SIGNALS 2022 Issue #45

ProcureTech SIGNALS 2022 Issue #45

Oops, this one slipped through! We don't want you to miss out on any digital procurement news!

Not long until our 2022 ProcureTech100 PIONEERS event! Introducing this year's panellists! Combined with enriched proprietary data and analysis, you can now learn more about the 60+ procurement leaders, technology experts and B2B investors using their experience to help select the 2022 ProcureTech100. 

'More than 65% of companies advanced their sustainability journey'

EcoVadis ' latest Sustainability Performance Index highlights how companies' efforts are finally working to manage their supply chains, although there is still a way to go.

'Typically more than 80% of carbon emissions originate in the supply chain'

The key ingredient for procurement success? Procurement's expanding portfolio encompasses the growing need for effective supplier collaboration,  Vizibl 's latest report reflects on supply management's evolution.

No alt text provided for this image

Meet the 2022 ProcureTech100 panellists!

ProcureTech combines enriched proprietary data and analysis with expertise from more than 60 procurement and technology leaders from global organisations.

Shortlisting for the 2022 ProcureTech100 is underway, where we research over 4,000 digital procurement companies' qualitative and quantitative data. By applying statistical analysis to over 50 key data points, this year's panellists take part in panel sessions to review, rank and shortlist data points to create the ProcureTech100.

Learn more about the panellists and 2022 ProcureTech100 selection process here.

No alt text provided for this image

"Cooperate or perish" - are companies truly striving to be sustainable?

Companies' sustainability efforts are progressing according to EcoVadis ' latest Sustainability Performance Index report.

More countries and organisations are rethinking how to approach social and environmental issues, where Index findings show a 'bounce back' in sustainable procurement efforts after results declined between 2017 and 2020. Despite this, the return of this year's COP27 summit shows the hard work is yet to come.

Read more about the Index findings.

No alt text provided for this image

Supplier collaboration: the key ingredient for procurement success

Procurement's portfolio has expanded rapidly in recent years.

Vizibl reflects on how supplier collaboration has evolved since Peter Kraljic's 1983 purchasing portfolio matrix. Many arguments remain relevant today, revealing the true benefits of collaboration between companies and suppliers to extract true value.

Learn more about how the power of supplier collaboration.

No alt text provided for this image

News

The news that matters this week...

👍 Terzo: 4 signs of a great Contract Lifecycle Management (CLM) tool

🌍 IOE&IT Chief ahead of COP27: 'Digitalising border processes and trade documentation will play a key role in addressing existing inefficiencies'

🤨 What's the problem with short-term demand and sourcing? Craft's Seb Butt explains

🤌 The evolution of business requirements in procurement according to Cirtuo

✅ Simfoni and EC Sourcing outline ethics in sourcing and procurement management

🤖 Powered by Pactum: How Walmart automates its supplier negotiations with AI

No alt text provided for this image

Experiences

The must-attend digital and procurement experiences...

🎉 ProcureTech100 PIONEERS 2022 ProcureTech  22 November

🎉 Knowledge graphs and what they can do for master data management Scoutbee  24 November

🎉 Schneider's Electric Path to Climate Transparency in the Supply Chain ClimateChoice  24 November

🎉 Tech Summit Tech Summit 30 November, London

🎉 IoT Tech Expo Global TechEx Events  1-2 December, Olympia, London

🎉 Ivalua NOW Ivalua  29-30 March 2023

No alt text provided for this image

Podcast

Check out the featured podcast...

No alt text provided for this image

🔎 Frederic Laluyaux , President & CEO of Aera Technology , describes how decision intelligence is helping companies transform logistics by leveraging data to make better, faster decisions. Listen here 🎧

No alt text provided for this image

If you enjoyed this newsletter, then please share with your peers and friends, more collaboration and conversation = more inspired action!

Follow us on LinkedIn for daily digital procurement insights.

As usual, we'd also love to hear your wisdom, feedback and suggestions on any 'hot' 🔥 digital procurement topics or events you'd like to hear more about or to share.

The ProcureTech Team

Tim Ward

Co-Founder of Procurement Services

2y

Always an interesting read. I hope the event went well last week. Sorry I couldn't make it.

To view or add a comment, sign in

Insights from the community

Others also viewed

Explore topics