Gartner reports

In this report, "Incentivise Suppliers to Advance Sustainable Procurement Goals", Gartner analysts, discuss how "Organizations looking to deliver on sustainability and Scope 3 carbon emission goals must incentivize the supply base to take action. Chief procurement officers can use this research to assess how supplier incentives used across industries can help drive progress in their sustainability journey.".

In this report, "Complexity Is Forcing Procurement to Address Cognitive Overload", Gartner analysts, Ryan Polk and Fareen Mehrzai, discuss how "Rapid procurement transformation is creating new complexity for procurement and leaving staff cognitively overloaded. To offset the overload, chief procurement officers must design simplicity into how procurement operates and challenge traditional talent management models".

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In this report, "Building the Case to Launch an SRM Supplier Collaboration Strategy", Gartner analyst, Miguel Cossio, discusses how "A recent study shows the importance of supplier collaboration has increased for 88% of respondents in the past 24 months. Procurement leaders should use this research to start building the case for implementing an SRM strategy as they prepare to engage internal stakeholders to gain their support".

In this research, Gartner defines three steps which businesses need to take in order to successfully govern and scale their supplier collaboration strategies: establish QBRs with strategic suppliers to enable collaboration toward strategic goals, avoid shortsighted tactics, and deploy a combination of engagement mechanisms to drive collaboration.

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In this instalment, Gartner details the third step of their overarching supplier collaboration framework, taking a deeper dive into these four steps on how to successfully launch your strategic supplier collaboration strategy: define the internal changes that your organisation is willing to make, meet with the account leadership team of your strategic suppliers, officially kick off the supplier collaboration strategy by meeting with executive leadership teams, and run a pilot with one or two strategic supplier to test the launch process.

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In this report, Gartner analysts detail the second step of their overarching supplier collaboration framework, taking a deeper dive into how to successfully implement an effective Supplier Collaboration Strategy.

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In this research, Gartner defines three overarching steps which businesses need to take in order to create a successful supplier collaboration strategy: define the objective for increased supplier collaboration, identify internal stakeholders to engage early in your supplier collaboration strategy, & kick-start the supplier segmentation process to prioritise engagement.

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In our first instalment of Gartner research, analyst Miguel Cossio, gives an overarching review of a supplier collaboration framework, and discuss the four steps necessary to take to implement an effective Supplier Collaboration Strategy: strategy scope definition, stakeholder alignment and team structure definition, strategic supplier onboarding, and strategy execution and scaling.

Confronted with the challenge of achieving ambitious sustainability goals, enterprises will be forced to reframe their targets. However, executive leaders may find this task difficult due to a lack of quality scope 3 GHG emissions data and pressure to embrace emerging areas like biodiversity. In this Gartner report, Simon Mingay, Sarah Watt et al assess how the rest of 2023 will go for companies in terms of their journey to net zero, how they are likely to do in their attempts to reduce scope 3 emissions, and what the future holds for biodiversity and ecosystem loss.

In this Gartner report, analysts Miguel Cossio & Andrea Greenwald discuss how procurement can utilise supplier collaboration & engagement to manage strategic supplier relationships, and the behaviours and actions that underpin 'customer of choice' relationships, alongside the competitive advantage this brings to the organisations that win this coveted status.

In this report, ‘Sustainable Profit: Evolving the Value Proposition of Procurement’, Gartner analyst Ryan Polk discussed how sustainable profit must become procurement's orienting principle, highlighting that "Chief procurement officers must upgrade their operating model in terms of governance, capabilities, value streams and resources to deliver value in the future”.

In the latest complimentary report, "How to Evaluate Supplier Sustainability", Gartner analysts Miguel Cossio & Lindsay Azim outline and discuss practical steps that will help Chief Procurement Officers "evaluate the sustainability performance of their suppliers as they continue to drive their organisation’s sustainable procurement strategy."

In this report, "3 Steps for Effective Supplier Engagement in Sustainability", Gartner analyst Miguel Cossio "outlines the three critical steps procurement leaders must take as they seek to effectively engage their suppliers for sustainability".

In this report, "3 Steps to Accelerate Scope 3 Carbon Emissions Reduction Goals in the Value Chain", Gartner analysts identify and discuss three steps that procurement can take in order to reduce their scope 3 emissions: determine a baseline, prioritise levers of impact, and craft a decarbonisation roadmap.

In this report, "Quick Answer: How Can Technology Be Used to Support a Sustainable Procurement Program?", Gartner analysts discuss how procurement leaders "will need to use technology solutions to help them deliver results" on their sustainable procurement goals.

In this report, "Leading Sustainability Ambition, Goals and Technology in the 2020s", Gartner defines three overarching steps which businesses need to take in order to successfully realise their sustainability ambitions in the 2020s: set a strategic ambition for sustainability, align goals with ambition, and unleash ecosystems with technology.