Weekly Procurement Whitepapers Update: Insights into Sustainability, Contract Management, and Cost Optimization
Welcome to this week’s roundup of the latest research and thought leadership in procurement. Here, we highlight recently published whitepapers and reports available through the Procurement & Supply Library (ps-lib.com). These insights come from leading firms including Oliver Wyman, Bevan Brittan, and KPMG, covering key topics such as sustainability initiatives, the implications of the UK Procurement Bill, and strategies for IT cost optimization.
Advancing Sustainability in Procurement: Are We Witnessing Systemic Change?
Oliver Wyman (September 27, 2022)
Building on their previous report, Powering Your Sustainability Through Procurement, Oliver Wyman delves deeper into the progress the procurement sector is making towards Environmental, Social, and Governance (ESG) goals. This study involved conversations with over 300 Chief Procurement Officers across diverse industries worldwide to assess their maturity in implementing sustainable practices.
The research employs Oliver Wyman’s Sustainable Procurement Maturity Framework, which evaluates organizations across twelve critical areas categorized into four stages: Track, Act, Impact, and Operate. The findings shed light on where procurement functions currently stand and identify opportunities and challenges in advancing systemic sustainability.
Explore the full insights here:
Oliver Wyman’s report on sustainable procurement
Navigating Contract Management in the Context of the UK Procurement Bill 2022
Bevan Brittan (September 26, 2022)
The UK’s Procurement Bill introduces a range of new provisions that significantly impact contract management processes for public authorities. This whitepaper provides an in-depth analysis of the Bill’s contractual provisions, outlining the compliance obligations that contracting authorities must adhere to throughout the lifecycle of their contracts.
Furthermore, the report discusses how these contractual requirements integrate with earlier procurement and planning phases, offering a comprehensive overview for organizations seeking to align their contract management strategies with evolving legal frameworks.
Read the full article here:
Bevan Brittan’s analysis on the Procurement Bill
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