Growing momentum for The Sustainable Procurement Pledge

The Sustainable Procurement Pledge has recently celebrated its first birthday. It is nearing 3500 followers on LinkedIn and enjoys a growing number of Ambassadors who have pledged their commitment to the cause.  Here’s a little information from the website:

Our Purpose

We are Procurement. ​Sustainability in supply chains is our responsibility.

We will build a sustainable future for people and our planet.

Our Vision

All supply chains across the world ​have embedded sustainable procurement practices by 2030.

Based on my own experience and the reaction across my network to me joining the cause, it really seems to be growing in momentum and it’s great to see so many procurement professionals from high profile, influential organizations involved, particularly companies in the pharmaceuticals industry (e.g. Bayer, Roche) and the consumer world (Unilever, Mars, P&G, Henkel etc). 

I have joined the pledge myself and am proud to have updated my LinkedIn profile with the Ambassador role as a current job. I mention that because I think it’s a very clever way to build awareness of the campaign on LinkedIn (which is full of so much noise these days) and one of the many things that the founders deserve great credit for.

All of our team will join and help to raise awareness as our initial contribution in the short term. In the future we would like to find a more influential way to contribute to the initiative as explained in this very interesting article from Spend Matters – https://spendmatters.com/2020/11/17/the-sustainable-procurement-pledge-qa-businesses-can-make-a-massive-difference/

One thing we at Edbury Daley are particularly excited about is the possibility of helping companies who are actively developing their capability in this area hire people with a passion for the cause and/or great experience of procurement sustainability projects. 

We’ll also learn from these people so that we can put sustainability at the heart of our sourcing decisions next time we have to go to market for new suppliers. 

We are also interested in the technology angle that can help facilitate greater achievements in the whole CSR space. We supported the “Procurement with Purpose” initiative when working with SAP Ariba when they put it at the heart of their message back in 2018, and have several other tech clients who are working on solutions that help drive the CSR agenda, protect organisations from risk in their supply chain and promote suppliers who embrace the sort of values that are common in this world.

On that subject, we are in the process of partnering with Australian Spend Analytics firm Robobai who themselves have demonstrated their commitment to this area. In a recent article for Australian website Financial Review, Robabai Founder Julian Harris explained what they can offer:

While there are other AI-driven procurement platforms claiming to save enterprises money, Harris said Robobai was different because it added the introduction of laws and the ability to check for diversity and ethics in supply chains. which name-and-shames corporates.

By pulling in third party databases to its “data lake”, Robobai could for instance suggest suppliers to accord with a corporate’s wish to spend more on female-owned or Indigenous-owned suppliers. 

Robobai also claims to help businesses avoid the ignominy of having slavery embedded in their supply chains. 

“For instance if your business is buying batteries, they’re likely to have cobalt in them, and 60 per cent of the world’s cobalt comes from mines using child labour in the Congo,” Mr Harris said. 

Robobai can also collate country-of-origin data to help businesses avoid or manage COVID-19 hotspots in their supply chains, Mr Harris said. AirTree partner John Henderson, who has joined Robobai’s board as part of the investment, saw global potential for its platform. “Supply chain risk is a critical, board-level topic in large organisations. Procurement officers are struggling to manage thousands of supplier contracts, are often double-spending, and are rarely able to trace key risks like modern slavery,” he said. 

“Robobai… changes the way organisations buy from suppliers.” 

If you would like to join the Sustainable Procurement Pledge or arrange an introduction to Robabai please contact Andrew Daley on LinkedIn or via andrew@edburydaley.com

Andrew Daley

Director – Procurement Technology & Spend Management 

www.edburydaley.com – Putting Procurement Technology Talent Within Your Reach

And now a Proud Ambassador of The Sustainable Procurement Pledge

Tel: +44 7711 715258

The Procurement & Supply Chain Technology Market – what’s been happening?

If you, like us, like to know what’s going on in the world of procurement, finance and supply chain technology then you’ll enjoy this quick summary of recent developments, not all of which are general knowledge!

So, in our day to day networking across the sector we are hearing some really interesting information.  In summary, what I am seeing and hearing across the procurement, supply chain and data technology space in that the companies that are doing particularly well this year are offering greater insights, visibility and scrutiny across the supply chain, often using spend data and analytics which clearly ties in with the impact of Covid as supply chain planning and swift, often drastic, cost cutting measures become top of many agendas. 

Conversely, the picture for those companies whose solutions typically require major procurement/finance transformations is mixed as several have seen their growth plans hit by Covid.

Both Tradeshift and Tungsten have recently restructured operations resulting in  redundancies, whereas Coupa continues to hire and of course make significant acquisitions.

On that subject,  the big, recent news in the market of course is that Coupa have bought Llamasoft for around $1.5 billion in a deal that brings supply chain planning into the portfolio of Coupa solutions, something that could be a real game changer for them.  Spend Matters is the place to read more about that deal if you are interested.

One high profile move worth noting is the return of Henrik Smedberg to UK in his role as Head of Intelligent Spend Management UKI (i.e. SAP Ariba & SAP Fieldglass).  This role was previously held by Stephan Beeusaert (now Smartsheet) and before that Justin Sadler Smith (now Basware). Henrik is well respected with the business having previously work in the Nordics (2011-2013) and more recently leading sales for ANZ out of Sydney before moving to the UK. 

The mixed picture in the vendors is reflected to a degree in the consultancies that inhabit the partner ecosystems of the likes of Coupa, Ariba and Ivalua.  For example there is news from  Accenture that their UK practice leads for both Coupa and Ariba have recently left the business in moves that appear to weaken their offering in that space.  However KPMG, seen by many as the lead partner for Coupa, go from strength to strength with some excellent recent project wins (Astra Zeneca and Nationwide to name two) and impressive hires strengthening their capability.

As we head towards the end of the calendar year, there is hope that some technology vendors can finish the final quarter (traditionally the best quarter of the year for sales at the big players) on a high.  The reason being that with so many potential projects/sales placed on hold in the Spring as Covid first took hold in Europe, the message from the sales people in our network is that clients now want to get things moving again.  So we can expect a strong performance towards the end of year and maybe some deals dragging into early next year given the general pace of progress in the market.

Of course the procurement events calendar is still severely affected by Covid unfortunately and the companies that focus on this sector are having to work hard to reinvent themselves to a degree.

One interesting development that caught our eye came from the innovative Matthias Gutzman, founder of Digital Procurement World.  Besides his online awards that effectively replaced this years event (they featured pitches from several start up vendors competing in various categories)  he appears to be reinventing DPW or certainly adding to their service offering by using the likes of LinkedIn to post about major corporates looking to source vendors in areas like e-invoicing, spend analytics etc.  So far there have been opportunities with the likes of Shell and Roche so this is definitely something that sales people from vendors should be keeping a close eye on.

Procurement  Leaders held their virtual World Procurement Congress last week.  Normally one of the highlights of the procurement events calendar, the three day conference usually ends with the black tie dinner and awards.  This year CEO Nandini Basuthakur and guest host, comedian Sindhu Vee, did their best to celebrate some great achievements from the profession this year with another virtual event.

In terms of the categories involving procurement technology, the prize for the best P2P Specialist went to Ivalua for the second year in a row whilst the Ecovadis CSR award went to Mondelez.  The Procurement Technology award went to the regular sponsor of the World Procurement Congress GEP.  Whilst anecdotally we are hearing that GEP have had a productive year in Europe winning several new clients, I wonder if there are people working for other vendors that would suggest a degree of favouritism!  

Here’s a list of all the companies that were shortlisted for awards.

We hope you’ve found this news summary interesting. If you want any more information or would like to discuss any aspect of the market, whether you are thinking about hiring or your own career, please do get in touch with me via andrew@edburydaley.com

 

Andrew Daley

Director – Procurement & Spend Management

+44 7711 715258

Edbury Daley – Putting Procurement Talent Within Your Reach

www.edburydaley.com