THE BRIEF
“ It will fall to procurement to take the leading role in ESG initiatives ”
Jag Lamba CFounder and CEO of Certa
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“ Mature procurement organisations will need to harness the power of supplier collaboration and open innovation to transform unsustainable categories ”
Mark Perera CEO and co-founder of Vizibl
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“ As we mature in our journey to automate , capacity release should be re-invested in upskilling and retraining the teams ”
Aleksander Hajdas Procure-to-Pay ( P2P ) programme Lead , JTI
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BY THE NUMBERS
77 % of companies are now equipped with source-topay digital solutions .
Adapting to change is no easy feat , here ' s how procurement is responding
50 % of procurement leaders believe digital transformation will be a major focus for the next few years .
EDITOR ' S CHOICE
BUILDING CIRCULAR ECONOMY MODELS IN BUSINESS AND BEYOND Circular business models are also profit-oriented , but the difference is that they seek to make a profit by maximising resource efficiency and cutting waste .
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CO2 UTILISATION NECESSARY FOR CIRCULAR ECONOMY Reaching net-zero will not mean eliminating carbon-based products and systems entirely , but rather ensuring that they are produced without adding net CO2 to the atmosphere .
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36 % of organisations that attempt digital transformation are successful .
14 January 2023