Circular Economy

Addressing Carbon Emissions in the Supply Chain Through a Circular Economy

Posted: 04/19/2022 - 00:00
Corporate value chain emissions – also referred to as Scope 3 emissions – account for 92% of an average business’s emissions.

Today, most businesses operate in a linear economy. We use materials to produce products and when we’re done using those products we discard them as waste – the “take, make, and waste” system.

In a circular economy, we keep materials and resources in circulation as long as possible, without producing any waste.

Fundamental principles in a circular economy:

Why Surplus Asset Disposal Can be an Underrated Source of Revenue – and How Procurement Can Lead

Posted: 02/07/2022 - 09:00
Learn how procurement teams can implement new ways to capitalize on obsolete equipment and unused machinery.

The global supply chain has been stretched and disrupted like never before, putting a significant burden on shippers, manufacturers, retailers and consumers. Dealing with shortages of so many formerly abundant items has prompted many businesses to shift their focus to reusing merchandise and equipment.

Impacting the Environment and Human Health Globally with IT Products

Posted: 04/22/2021 - 09:00
Impacting the Environment and Human Health Globally with IT Products

IT products are essential in most organizations, but they come with a complex supply chain that includes both social and environmental risks. If done right, purchasers can directly impact the environment and human health by procuring more sustainable IT products, and become the driving force for socially responsible manufacturing, safer alternatives to hazardous substances and circular procurement.

Why Supply Chain Leaders Need to Bolster the Circular Economy

Posted: 01/29/2021 - 02:28
Circular Economy

The concept behind a circular economy is simple: minimize waste by reusing, sharing and repairing goods that are already in use. That allows items to remain in the economic system, preventing the need for as many new products to be introduced.

This results in a closed loop. New resources aren’t being used, so energy is conserved.

It’s Time for IT to Transition to a Circular Economy

Posted: 07/24/2020 - 03:44
Sustainable Information Technology IT

With greater attention on sustainability and the direct need to meet climate goals, purchasers are looking for ways to change. One place to start is with the 170 million notebook computers produced and sold around the world every year. Rethinking an organization’s purchase and use of IT products like those notebooks can dramatically cut an organization’s carbon footprint – and save money - without affecting performance.

Sourcing in the Circular Economy

Posted: 12/05/2019 - 09:51
Procurement plays a vital role in bringing new products and services to market, creating jobs and delivering economic prosperity for customers, stakeholders and shareholders. Sourcing plans identify value propositions, partnership and investment opportunities, new and emerging capabilities that have a substantial “positive” impact on the bottom line.
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