What is universal waste? What does making the sustainable procurement pledge mean to the sourcing professional tasked with procuring the services of a universal waste handler? You already know that as a supply management professional, you have a responsibility to champion sustainability and social responsibility practices within the supply management space. Let us then define…
What is sustainability in procurement? What does a Sustainable Procurement Pledge mean to the buyer just starting out? As a supply management professional, you have a responsibility to champion sustainability and social responsibility practices within the supply management space. As that professional (buyer, senior buyer, analyst, category lead, sourcing manager, director and CPO), you can…
What is ESG? Wikipedia defines the term as follows: Environmental, Social, and Corporate Governance is an evaluation of a firm’s collective conscientiousness for social and environmental factors. It is typically a score that is compiled from data collected surrounding specific metrics related to intangible assets within the enterprise. It could be considered a form of…
According to Wikipedia, a contract is a legally enforceable agreement that creates, defines, and governs mutual rights and obligations among its parties. A contract typically involves the transfer of goods, services, money, or a promise to transfer any of those at a future date. In the event of a breach of contract, the injured party…