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Procurement Transformation Institute
Procurement Value Delivered
Issue 89, 28th Nov 2019
This Week's Highlight:


 National & International leaders from the public sector are coming to Croke Park Stadium for a 1-day conference to share their experience and successes of implementing Lean within the Public Sector, and how it can transform the Public sector here in Ireland and Internationally.

Wed, 4 December 2019

Find out more Here

Procurement Picks
People:

Florian Eineder, Head of Procurement, and his vision of a first-of-its-kind procurement transformation 

Between 2004 and 2018, Florian Eineder worked in the solar power, trucking, oil and gas, chemical, utilities, market research and procurement consulting industries. He moved onwards and upwards in the procurement divisions of the world’s most important companies, leading global teams and driving transformation at speed and scale.

Procurement is a driver for all sorts of things: for cost, innovation, risk management, and efficiency,” he says. “Going forward, I want to manage the relationship between internal stakeholders and external supply base in order to generate the most value.

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Technology:

These invisible bar codes make plastic more likely to be recycled
Today, when you recycle a plastic container, it goes to a material recovery facility, where it must be identified and sorted. Facilities typically rely on imprecise older technology to try to figure out materials in a particular piece of waste. Workers standing next to conveyor belts as packages whiz by can catch others. But by embedding a microscopic change in a pattern of pixels—called an invisible bar code—on the label, software can instantly identify the package so it can be sorted and recycled correctly.
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Knowledge:
Contractor, supplier relationships come with many financial risks, Avetta warns

 

Managing supply chain risk is an important area of focus for companies to consider when working with suppliers and contractors at various levels of business. A recent study from the business-qualifying firm Avetta, “The Importance of Assessing Supplier Financial Stability,” evaluates an array of research on the issues and pinpoints the many risks that companies face when choosing and working with contractors and vendors.
New regulations across the globe continue to shift responsibility from contractors to the companies that hire them.
A
s a result, companies need to be vigilant, now more than ever, when they bring a temporary worker into a project. 

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Connect With Us!
 
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Process.
How will sustainable manufacturing be achieved in 2030? 
 
In October, Selfridges announced it was creating a sustainable fashion edit made up of 3,000 items from 100 brands. Its aim is to help consumers make eco-choices, helped by the extension of its ‘Buying Better’ labelling scheme, which highlights the environmental impact of purchases. The campaign is supported by research that says 75% of consumers think retailers aren’t doing enough to educate them on making sustainable choices.


In the world of groceries, Sainsbury’s has announced it will halve its plastic use by 2025. But in order to achieve its goal it has said it will need consumers to change their behaviour, and it will need the support of suppliers. 
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Sustainability:

Brands urged to think bigger on saving forests as 2020 goal looms:
Palm oil is the world's most widely used edible oil, found in everything from margarine to soap, but it has faced scrutiny from green activists and consumers, who have blamed its production for forest loss, fires, and worker exploitation. Industry watchdog, the Roundtable on Sustainable Palm Oil, whose members include consumer companies, retailers, traders, and palm growers, certified a fifth of last year's global palm oil output of 68 million tonnes as sustainable.
But the industry still faces many challenges..in the years ahead.

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Procurement Transformation Institute
Western Gateway Building, UCC,
Cork, Ireland
info@procureti.com
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www.procureti.com
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