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In the modern age, ESG framework is more crucial than ever. The world is in a constant state of flux due to the pandemic, climate change, and social awareness, which means consumers want to know their money is going to responsible businesses. Getting to grips with ESG is necessary to retain the public’s, stakeholders’, and investors' positive regard and secure the planet's longevity.

An increasing number of manufacturers want to employ recycled materials and make production processes more eco-friendly, which is encouraging. Only a united commitment to source-recycled materials in place of virgin raw materials during production processes will create a stable demand for greener products, and build the planet-saving circular economy we so desperately need.

Operational bottlenecks and inefficiencies bog down expansion plans, and negatively impact product success, customer experience and sales growth. In this VB Spotlight, learn how digitally native businesses can identify opportunities to scale operations efficiently and accelerate growth.

The convergence of Procurement with Artificial Intelligence is changing both procurement and the world itself. Here's how.

Workplace digitalization and connectivity offer a differentiation strategy to manufacturers buffeted by the economic headwinds of recent years. While smart factories offer economic and competitive advantages, the planned benefits may fail to materialize due to a poorly implemented transition. The successful digitalization of a traditional factory requires attention to five important considerations.

Because supply chain emissions often dominate corporate carbon footprints, procurement is central to delivering on a company’s environmental, social and governance (ESG) agenda and ultimately on corporate net-zero pledges on emissions. Yet still too many companies fall short of being able to use procurement as a primary lever to reduce their own greenhouse gas emissions.

When we consider the supply chain, we typically think of factories, ships, trucks, and warehouses. Yet, the customer side is equally important, especially in efforts to make our distribution networks more sustainable.

A new Probrand/CIPS report reveals that the majority of businesses are really lagging behind in digitising their procurement processes. It's serious.

The year 2023 is here, and enterprises are set to make the most of it. From startups to major conglomerates, every company has moved into the new year with the same mission – driving growth with a focus on operational efficiency, productivity, and resilience.

Google's scientists are working feverishly on breakthroughs in quantum computing at the Quantum AI Lab in Santa Barbara. But it's not just tech companies, the U.S. and Chinese governments are also vying for supremacy in the field.

 

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