Amidst all debate around climate change, if one were to ask whether procurement organizations have a role to
play in reducing the greenhouse gas emissions, the answer will be a resounding Yes! Through sustainable
procurement policies, sourcing managers are working towards reducing the carbon footprint.
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What constitutes fair price for a product or a service is a perennial quest
for people in general and procurement managers in particular. As one of
the pioneer of behavioral economics, U.S. academic Richard Thaler’s
contribution has built a bridge between the economic and psychological
analyses of decision-making.
Thousands of meetings, conferences and events are held around the world every year. These events, at times, could have a detrimental impact on the environment. However, the manner in which events are produced can be altered to minimize the environmental impact.
The current political impasse has resulted in great business
uncertainty. Catalonia is a major producer of Chemicals,
Pharmaceuticals, Automotive parts, and food (meat products)
and drinks (Wine & Cava) making these industries more
vulnerable than others.
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