Spendscape by McKinsey’s Post

Creating transparency on carbon emissions and translating these insights into action is becoming increasingly important. To tackle Scope 3 emissions, organizations need to rethink how their products are designed, engineered, and used, and leaders need to engage with suppliers and customers along their value chain to unearth approaches to more sustainable sourcing. Join our webinar to learn more about the key actions to drive sustainable and profitable growth. Register now: https://lnkd.in/ecuxnJf9 #procurement #productdevelopment #sustainability

🌍 #SustainabilityMatters: 10 Reasons to Prioritize Component Recovery & Reuse 1. Reduce E-Waste: Tackling the global challenge of electronic waste head-on. 2. Sustainability as Strategy: Moving beyond words to actions that resonate with both consumers and investors. 3. Supply Chain Resilience: Mitigating risks by diversifying sources of critical components. 4. Cost Efficiency: Unlock savings through the smart management of resources. 5. Improved Lead Times: Enhance production efficiency for faster market readiness. 6. Business Agility: Adapting swiftly to market changes without compromising on schedules. 7. Quality Assurance: Maintaining high standards through rigorous testing of reclaimed components. 8. Fostering Innovation: Encouraging a culture of ingenuity in finding new life for used parts. 9. Circular Supply Chain: Advancing a model that maximizes resource utility and minimizes waste. 10. Enhanced Brand Value: Building a reputation as a forward-thinking, responsible business. Embracing component recovery and reuse is not just about operational benefits—it's a commitment to playing a part in a more sustainable future. It’s a practical approach that aligns with the values of conscientious businesses and contributes positively to our planet. Let's lead the change, one component at a time. 💡🌱 Know more: https://lnkd.in/egTHtFRC #ComponentRecovery #CircularEconomy #EnvironmentalResponsibility

Creating transparency on carbon emissions and translating these insights into action is becoming increasingly important. To tackle Scope 3 emissions, organizations need to rethink how their products are designed, engineered, and used, and leaders need to engage with suppliers and customers along their value chain to unearth approaches to more sustainable sourcing. Join our webinar to learn more about the key actions to drive sustainable and profitable growth. Register now: https://lnkd.in/eACbTKAS #procurement #productdevelopment #sustainability

Embracing Sustainability in Procurement: 8 Innovative Strategies to Make a Difference 💡 From circular economy practices to digital tools and carbon footprint tracking, we're highlighting the most effective ways to make procurement more sustainable. Learn how to reduce waste, increase transparency, and support a greener future for your organisation ♻️ Follow Procur3d for more tips ✅ #Sustainability #Procurement #EnvironmentalResponsibility #Innovation

Thinking about this from a procurement and sustainability perspective, this will help reduce your scope 3 emissions and build brand value. The traditional 'take-make-dispose' model is giving way to the circular economy in procurement. This approach emphasizes recycling, reusability, and resource efficiency, reducing waste and environmental impact. Companies adopting this model are not only driving sustainability but are also realizing significant cost savings in the long run. #CircularEconomy #SustainableProcurement #procurement

Creating transparency on carbon emissions and translating these insights into action is becoming increasingly important. To tackle Scope 3 emissions, organizations need to rethink how their products are designed, engineered, and used, and leaders need to engage with suppliers and customers along their value chain to unearth approaches to more sustainable sourcing. Join our webinar to learn more about the key actions to drive sustainable and profitable growth. Register now: https://lnkd.in/ewnSjRda #procurement #productdevelopment #sustainability

Creating transparency on carbon emissions and translating these insights into action is becoming increasingly important. To tackle Scope 3 emissions, organizations need to rethink how their products are designed, engineered, and used, and leaders need to engage with suppliers and customers along their value chain to unearth approaches to more sustainable sourcing. Join our webinar to learn more about the key actions to drive sustainable and profitable growth. Register now: https://lnkd.in/gjZEApkw #procurement #productdevelopment #sustainability

Manufacturers across the spectrum are leveraging sustainable manufacturing practices to reduce costs and waste, improve operational efficiency, gain competitive advantage, and enhance regulatory compliance. In this post, you can find a selection of our materials about sustainable manufacturing (links in the first comment) #ESG #SustainableManufacturing #SustainableFuture

In my view, the #CircularEconomy is more than just a paradigm shift. It stands as a revolution in #innovation and collaboration. Here is the checklist on how to embrace this approach, fostering novel business models and value chains: 🌱 Gain insights into the outlook of stakeholders; 🌱 Maintain open and honest communication with engineers; 🌱 Guarantee transparent procurement practices; 🌱 Identify sustainable solutions. Ready to implement these steps within your industrial firm? Check out our article for a comprehensive overview of circular economy strategies: https://bit.ly/46eYEr5 Let me know if you have any ideas on circular economy in the comments! #RolandBerger

Creating transparency on carbon emissions and translating these insights into action is becoming increasingly important. To tackle Scope 3 emissions, organizations need to rethink how their products are designed, engineered, and used, and leaders need to engage with suppliers and customers along their value chain to unearth approaches to more sustainable sourcing. Join our webinar to learn more about the key actions to drive sustainable and profitable growth. Register now➡️https://mck.co/4axT9WP #procurement #productdevelopment #sustainability