ESG & Procurement: Why Sustainable Sourcing Matters For Your Business
As climate change is becoming more widely recognised, businesses everywhere are expected to prioritise social responsibility. It has become crucial for companies to consider Environmental, Social and Governance (ESG) in their actions. One such area where it plays a crucial role is in procurement. Did you know that 51% of global businesses have adopted sustainable […]
Top 5 Challenges In Oil & Gas Procurement & How To Overcome Them
Top 5 Challenges In Oil & Gas Procurement & How To Overcome Them From complex supply chains to financial risks, the oil and gas industry is a complex sector. It requires proper attention for smooth operations. Because it operates in a challenging risk environment, it requires an effective management program. This is when oil and […]
The Future of Industrial Procurement: How AI & Data Are Changing The Game
The Future of Industrial Procurement: How AI & Data Are Changing The Game From vast amounts of data to making smarter purchasing decisions, procurement is more than just purchasing. It is about strategy and is no longer an option but a necessity. Therefore, in this quickly changing environment, procurement professionals must balance everything. This is […]
How To Maximise Cost Savings With Surplus Materials In Energy Procurement
How To Maximise Cost Savings With Surplus Materials In Energy Procurement In all industries, electricity plays a crucial role in the profitability of companies. From environmental concerns to risk management, the energy industry is complicated. However, companies are under increasing pressure with more people focusing on improving their carbon footprint. This is when energy procurement […]
The Role of Innovation in Energy Sector Transformation
People are now becoming more concerned about low consumption for the environment and because of that they are more diverted to arrange alternative energy procurement. Thanks to energy transformation, renewable energy sources are converted into several devices that are helping mankind to substitute non-renewable energies. However, another factor plays a crucial role in the drastic […]
A Guide to Buying and Selling Used Oilfield Equipment for Sustainability
There is no doubt that the oil and gas industry has become integral to our existence, especially in the recent few years. However, irrespective of the use it exhibits, a very common concern for people is how to manage the extent of sustainability issues it puts forth. Particularly if you are someone who deals with […]
