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Oil and gas companies struggle with cost and risk through lack of supplier informationAs the price of oil plummets to around $50 a barrel, a quarter of global oil and gas companies have admitted they are awarding contracts to suppliers, despite not having any information about their financial standing. New research shows many large corporations have not put…
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German Supply Chain Due Diligence Act: FAQsWhat is the German Supply Chain Due Diligence Act? The German Supply Chain Due Diligence Act is a regulatory requirement which draws upon international guidelines such as the OECD Guidelines for Multinational Enterprises. Companies that fall under the requirements of the Act will be responsible…
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New year, new decade: what should your supply chain management resolutions be in 2020?The start of 2020 and a new decade is a great opportunity for procurement professionals to think about their achievements over the last 10 years – as well as what opportunities the next 10 may hold. The previous decade saw some significant developments in supply…
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Offshore Oil and Gas – Major opportunities for Irish suppliersIrish companies prepare to win business linked to new finds – Minister Rabbitte Pat Rabbitte TD, Minister for Communication, Energy and Natural Resources, today (Wednesday 12 June 2013) told over 70 companies and 100 participants how they can be supported in accessing major business opportunities…
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Complexity in Natural Resources: The Benefits of a Unified Approach to Supplier Risk ManagementNatural resources come from diverse and remote locations. Extracting, processing, and transporting them involves complex supply chains and many stakeholders.
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UK Infrastructure firms reduce carbon emissions by 30%*Almost 30 of the UK’s leading infrastructure companies have collectively saved the equivalent carbon emissions generated by more than 700,000 return passenger trips from Heathrow to JFK New York.** Twenty nine large companies from across the construction, rail, utilities, manufacturing and public sectors have saved…
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Navigating the PPN 03/23 alongside the Common Assessment Standard: Efficient, Compliant ProcurementPPN 03/23 revises procurement to streamline and standardise selection of suppliers. It aims to provide clarity to the pre-qualification process
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Why is health and safety important?Everyone knows the saying “good health and safety is good business”, and for many organisations, compliance with the health and safety at work act is fundamental. Generally speaking, companies want to protect their employees, if not just because, as the HSE UK states, operating in…
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Reducing risks and creating opportunities: water supply chains in England and WalesWater companies in England and Wales are looking carefully at their supply chains and network infrastructure in the face of mounting external and regulatory pressures. An increasingly digitised economy, climate change and an ageing population look set to disrupt established practices and business models. Ofwat…
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Achilles data shows more needs to be done to achieve the UN’s Sustainable Development GoalsThis week is the 8th anniversary of the United Nations Sustainable Development Goals. The UN SDGs are an urgent call for action by all countries – developed and developing – in a global partnership. They recognize that ending poverty and other deprivations must go hand-in-hand with…
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7 Proven Strategies Every Energy Company Can Use to Protect from Greenwashing ClaimsUnderstanding Greenwashing in the Energy Sector Greenwashing has become increasingly prevalent in today’s market and refers to deceptive practices in any industry that create a false perception of environmental responsibility. Greenwashing is the practice of making an unsubstantiated or misleading claim about the environmental benefits…
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A Roadmap for Readiness: Strategising for Compliance under the Procurement Act 2023Join us as we delve into the complexities of the Procurement Act 2023 and its implications across regulated utilities organisations.