The Procurement Magazine Weekly News Digest

This week's news round-up takes a look at supplier relationship-breakdown, procurement stress, The EU crisis response mechanism, sustainable gold & more..

Supplier relationships begin to break down across regions

New research reveals 59% of businesses have had their supplier relationships terminated due to repeated late payments

Procurement stress 'taking toll', as supply chain woes bite

UK parliament hears that stress levels in procurement are affecting the function's ability to recruit new talent, with the situation unlikely to improve

EU joint procurement crisis response mechanism evolves

The European Union is about to both codify and clarify its rules on the joint procurement crisis response mechanism

Adapting procurement to threats from economy and ecology

The threats that face procurement are broadening and the environmental impacts are now rearing their menacing heads. Here's what procurement needs to do.

Gold Industry commits to responsible & sustainable sourcing

Major gold industry players agree to key sustainability objectives, including commitments to responsible sourcing, human rights, UN SDGs & climate action

How procurement can tackle the costs of the energy crisis

With rising inflation and the energy crisis across the globe, procurement needs to adapt to reduce the impact


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Featured Articles

How public procurement exposes conflicts in processes

Attempting to systemise procurement from legislation to processes is difficult but resolution is key to global efficiency

Experts reveal factors contributing to staff turnover

With recent reports of increasing stress among procurement professionals leading to high staff turnover, Loopin experts give advice on curbing the tide

Public procurement and the protection of SMEs

Neville-Rolfe argues it’s time to give smaller companies a bigger slice of the procurement pie as global procurement transforms under various pressures

If AI is an ESG issue, will Procurement have to create it?

Procurement Strategy

Orozco, Diageo CPO to lead Procurement at Kraft-Heinz NA

Procurement Strategy

Eight steps to navigate the headwinds of cost inflation

Procurement Strategy