Procurement Magazine June 2021 | Page 12

THE BRIEF

“ EMERGING TECHNOLOGIES SUCH AS AI , BLOCKCHAIN AND IOT ARE SET TO HAVE A SIGNIFICANT IMPACT ON PROCUREMENT ANALYTICS , OFFERING THE POTENTIAL TO IMPROVE TRACEABILITY OF SUPPLY , IDENTIFY POTENTIAL FAILURE POINTS AND MUCH MORE ”
Alex Saric , CMO and Smart Procurement Expert , Ivalua
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“ As leaders in the industry , we need to take a stand and say , ‘ it ’ s not the ‘ 80s or ‘ 90s anymore . Supply Chain isn ’ t boring . Supply Chain is cool , and here ’ s why ”
Bronwen Hann , President and Senior Partner , Argentus Supply Chain Recruiting
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“ HAVING SHIPMENT VISIBILITY ALLOWS US TO BETTER PRIORITISE RISKS BECAUSE WE CAN , FOR INSTANCE , THAN UNDERSTAND IF , SAY , A LABOUR STRIKE AT A SEAPORT OR A SUPPLIER IS ACTUALLY RELEVANT FOR OUR CUSTOMER ”
Harald Nitschinger , Co-Founder and Managing Director , Prewave
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BY THE NUMBERS

30 %

planning to do so in the future
A survey from Alvarez & Marsal of Europe ’ s largest 30 retailers shows that sustainability is driving supply chain change .
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70 %

EDITOR ' S CHOICE

THE ECONOMY According to the World Bank , the economy shrank by 4.3 per cent in 2020 . The Economist also estimates that COVID-18 has resulted in USD $ 10.3tn in forgone output that could have been produced .
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RESKILLING PROCUREMENT According to the Canadian Women ’ s Foundation , only 25 % of VP positions in the broader economy are held by women , and only 15 % of CEO positions are held by women .
READ MORE of the retailers surveyed have begun to change the way they source products .
COCA-COLA CLEANS UP In its reverse supply chain , Coca-Cola has partnered up with the Nepali government , to help clean up the rubbish left behind by ambitious Everest climbers for the Clean Our Pride initiative .
12 June 2021