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Sustainable procurement now has management's attention. But a recent study finds that executives may not be willing to commit the human and financial resources needed for such programs to succeed.
An ethical lapse can harm not just a company's reputation but also its bottom line. Chief procurement officers need to make sure they have an ethics policy in place that is up-to-date and well communicated.
Procurement leaders are used to dealing with supply shortages. But here's one that's proving to be particularly challenging: the shortage of procurement talent.