Procurement Magazine March 2023 | Page 72

Ivalua
CIRCULAR ECONOMY

“ A full circular economy is still difficult to attain for most businesses , but just getting closer to that model can have a huge impact on the planet ”

ALEX SARIC CHIEF MARKETING OFFICER , IVALUA

Ivalua

Ivalua is a leading provider of cloud-based software that enables large organisations to better manage their spend and suppliers . Hundreds of the world ’ s most admired brands , such as IKEA , the City of New York , Rolls Royce and Honeywell , rely on its platform to reduce costs , manage supplier risk , increase revenue , better manage their cash , improve employee productivity and more . need to be manufactured from scratch . In turn , this reduces the emissions produced during the manufacturing process .”
Achieving a Circular Economy in the face of Greenwashing A full circular economy is still difficult to attain for most businesses , but just getting closer to that model can have a huge impact on the planet . “ I am optimistic about making gains because doing so is not only beneficial to the planet but can also improve profitability , as the cost of reusing items can be significantly lower
72 March 2023