The Blockchain Revolution: Cutting Through the Chain of Uncertainty
In a world where transparency is of utmost importance, trust is the most valuable currency, and middlemen are becoming obsolete. It may seem utopian, but it’s happening now, and all sector and industry leaders are quickly adopting it. Blockchain is here.
ChatGPT: Friend or Foe in the Pursuit of Sustainability?
We explore whether ChatGPT can help improve sustainability, examining the potential benefits and challenges of using AI to promote sustainable practices.
A Platform for Sustainable Change in Biopharma
As severe weather causes illness, injury, and death worldwide, it is impossible to ignore that the health of our communities and our planet are intrinsically linked. This fundamental truth puts the healthcare industry in a unique position: to align its purpose—enhancing societal health and preserving life—with the sustainable practices needed to mitigate environmental catastrophe.
4 Reasons Why Sustainability Is Key to Commercial Success
In the wake of Shell and BP announcing record-breaking profits for 2022 driven by the increase in wholesale gas prices following the war in Ukraine, their sustainability targets have been placed firmly in the back seat. BP announced that its profits had doubled to $28b whilst also revising its commitment to cut oil and gas production by 40% by...
5 ways to make your supply chain more sustainable
In today’s world, it’s crucial for businesses to be socially responsible and accountable. Customers are becoming increasingly conscious about how companies operate, which has led to many businesses focusing on being sustainable. This has implications for supply chain management as supply chains, normally, make up most of a organisations emissions, and supply chains that are more sustainable tend to...
Creating Supply Chain Resilience
No one would dispute that the COVID-19 pandemic created significant disruption to global supply chains. Nothing like this had happened in decades, and many operators relied on strategies that only partly addressed their challenges. Then came the Russian invasion of Ukraine, which has caused the greatest humanitarian crisis in Europe since the Second World War. Already, thousands of lives...
Equality in Procurement and Supply Chain Departments
There are many pieces of legislation that currently help govern procurement behaviours within a workplace such as the Equality Act 2010 and The Public Contracts Regulations which both provide for a legal duty to eliminate discrimination and advance equality of opportunity.
Does the future of procurement consultancy lie in alliances?
To address and explore the future of the procurement function, the key theme of the recent 4CP Group Away Day focused on emerging disruptive technologies – their role in disrupting procurement and supply chain teams and how they will impact the business’ ability to transform through technology, processes and people.