THE BRIEF
“ The CPO role is often about telling the company what it needs to hear , rather than what it wants to hear ”
Jon Willescroft Chief Procurement Officer , G4S
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BY THE NUMBERS
Procurement Stats from Our Articles : “ Using the amount of carbon offset or reduction as a tradeable term in negotiations will mean that it becomes an asset that is traded throughout the supply chain ”
Gregor Stühler , Martin Rand , CEO and Co-Founder , Pactum AI
“ A big component of the work done at The Smart Cube concerns uniting Human Intelligence and Artificial Intelligence ”
Prerna Dhawan Chief Solutions Officer , The Smart Cube
50k- 100k
It is not uncommon for large enterprises to have 50k-100k third parties
70 %
Supply chain emissions account for 70 % of the total
3 % to 7 %
With autonomous negotiations , companies can turn data into significant savings , reducing an average of 3 % to 7 % costs on supplier agreements , resulting in millions of dollars of new value created each year
EDITOR ' S CHOICE
FAIRTRADE LAUNCHES CRITICAL TOOL IN FIGHT FOR ESG & HUMAN RIGHTS Fairtrade ' s newly-launched tool tracks Human Rights , Environmental and ESG data though their ' Risk Map ', which is set to be a game changer in ethical trade
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GERMANY TRAILBLAZER FOR COMING EU CORPORATE SUSTAINABILITY LAWS Under Supply Chain Due Diligence Act , businesses can be fined up to 2 % of their revenues – while Inverto research reveals corporate sustainability stats
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16 February March 2023 2023