The value of technology Modern procurement technology is obviously critical in forming a foundation for how the alliance operates , and looks to achieve their objectives . “ EcoVadis ’ technology platform powers the scaleup of all aspects of the sustainable procurement journey - from risk management to impact reporting ,” says Richard Eyram from EcoVadis . “ The EcoVadis Rating methodology , which has scaled to more than 125,000 companies , leverages an AI-powered 360 Watch that scans over 100,000 sources for news and reports .”
It is the data that tells a story , and the more data there is , it allows procurement experts to work out a better interpretation of that story . Paul McArdle from Entegra knows how vital that technology is to achieve their desired results . “ One of the key functions we rely on technology for is measurement , because we recognize that only by setting measurable goals and working towards them , can we achieve real change .”
The benefit for guests With more suppliers and members joining the alliance and buying into the methodology of the group , the founding team feel the future is both bright and more sustainable as a result ,” says Sopan Shah , SVP , Chief Procurement Officer at IHG . “ HARP is focused on generating a positive impact at greater scale by adding more sustainable suppliers to the EcoVadis ecosystem and working with suppliers to build awareness of sustainability best practice , to increase their maturity in this
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