Category: Supplier audits (risk)

How to monitor the financial health of suppliers

by PL Staff | Feb 11, 2021 | Functional strategy & planning, Risk Management & Sustainability, Supplier audits (risk), Supplier diversity, Uncategorised | 0

During the pandemic, the financial pressure ratcheted up on suppliers and the need to track their financial health moved back to the top of the agenda.

10 procurement stories that inspired us in 2020

by PL Staff | Dec 23, 2020 | Functional strategy & planning, Procurement Technology, Risk Management & Sustainability, Stakeholder management, Supplier audits (risk), Uncategorised | 0

We round up 10 of most inspiring member stories of successful procurement initiatives this year to celebrate the unexpected collaboration, innovation, digitalisation and value achieved under such testing circumstances.

A new normal means an augmented reality for Enel

by PL Staff | Dec 3, 2020 | Supplier audits (risk) | 0

Unable to visit supplier factories during the coronavirus pandemic, Enel quickly adapted their quality control vision for 2020. The situation made the energy company accelerate their digitalisation efforts by getting employees at these factories to wear augmented reality glasses instead.

Philips: Setting the bar for sustainability

by PL Staff | Aug 14, 2020 | Supplier audits (risk), Sustainability (including CSR) | 0

Philips reveals how it developed a new supplier auditing system, which segments the supply base into four groups, to reinstate sustainability as a valuable opportunity for continuous improvement

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