Blog

4 key challenges when bridging the gap between sustainability and procurement

In the second part of this two-part blog, we outline the challenges faced by organisations when integrating sustainability in to procurement and how to overcome them.

Greenstone and Ardea International were recently invited to run a workshop on sustainable procurement at the eWorld Procurement & Supply conference in London. The eWorld conference is a key event for senior procurement and supply chain professionals providing insight into the latest innovations and technologies.

Bridging the gap between sustainability and procurement – workshop insights

Greenstone and Ardea International were recently invited to run a workshop on sustainable procurement at the eWorld Procurement & Supply conference in London. The eWorld conference is a key event for senior procurement and supply chain professionals providing insight into the latest innovations and technologies.

In this two-part blog, we outline some of the themes and insights we took away from the workshop.

Greenstone sponsors leading sustainable purchasing event in North America

Greenstone is proud to be sponsoring the Sustainable Purchasing Leadership Council’s 2019 Summit in May. The SPLC 2019 Summit will bring together purchasing and sustainability professionals, suppliers, and NGO experts from different sectors to share and promote sustainable purchasing best practice for organisations. 

5 steps to managing supplier risk and compliance

Understanding risk and compliance across your supply chain is now essential for any business. By successfully measuring and understanding supplier compliance can ensure that risks are identified, managed and mitigated.

Below, Greenstone outlines five key steps to help you shape your supplier due diligence process to ensure that you are managing your suppliers effectively.

Collecting and managing supplier compliance data - the questions to ask

There is no doubt that there is more data in the world than ever before. But more data isn’t necessarily better, especially if there isn’t a system or process to manage it fully.  Whether you want to monitor supplier’s information, identify potential areas of risk or manage your suppliers more efficiently, having the right data will make this easier for you.

To help you gather the relevant data from your suppliers, and make the best use of it, here are some of the questions to ask.

Addressing modern slavery risk with Ardea International

If you are covered by the UK The Modern Slavery Act and need help with meeting the requirements on an ongoing basis, Greenstone’s partner Ardea International can help.

HSBC survey: Businesses targeting more sustainable supply chains

A third of global businesses are looking to improve the sustainability of their supply chains over the next three years, according to a new survey from HSBC.

The survey of 8,500 companies in 34 countries, published in HSBC’s Global Report, shows that those businesses making environmentally sustainable changes to their supply chains are motivated primarily by cost efficiencies and improved revenues. Furthermore, one in five claim that they have taken greater control of their supply chains over the past two years.

Greenstone partners with UNGC and Ardea International to host webinar on optimising supply chain data

Greenstone has partnered with UN Global Compact Network UK and specialist consulting firm Ardea International to host a webinar on how to optimise supply chain data on Thursday 6th December at 4 pm (GMT).

Companies are now operating in a world where business responsibility extends beyond the environmental or the corporate social responsibility (CSR) challenges of its own operations, and into far-reaching global supply chains. An estimated 80% of global trade passes through supply chains, with the associated risk traced back to companies who have no visibility of this area.

Greenstone launches SupplierPortal 100 programme to help organisations engage with their suppliers

Greenstone has launched a programme to provide a fully managed assessment of up to 100 suppliers in eight weeks. SupplierPortal 100, designed to provide clients with a simple way to develop confidence in their suppliers, enables organisations to demonstrate a robust approach to supplier risk screening and due diligence.  

There is an ever-increasing focus on supply chains, with organisations themselves needing to take increased responsibility for whom they work with, and for understanding how their suppliers operate. However, a large number of organisations still don’t know the potential risks in their supply chains and lack the internal process and resource to start a supplier assessment programme.  

Greenstone and Grippr partner to address supplier risk and compliance in The Netherlands

Greenstone is pleased to announce a new partnership with procurement consultancy Grippr. Based in The Netherlands, Grippr works with organisations to optimise their procurement processes through a blend of expert guidance and the appropriate use of technology and software.

Using Greenstone’s SupplierPortal, Grippr’s clients are now able to manage, report and analyse supplier information through one central online platform. SupplierPortal provides organisations with a single point of transparency across their supplier network, ensuring that compliance, contracts, and risk can be managed seamlessly.