Thursday, May 17, 2007

The Boomerangs Turn Green

Last week, IBM announced a $1 billion investment in reducing the energy consumption in its global data centers.

In a May 16 Business Green Blog interview Mike Arenth, Ariba's VP of EMEA, talks about both the barriers and practical steps that organizations can take to implement a green sourcing initiative.

Some interesting nuggets:
  • While sustainable procurement is a top 3 initiative for many European CPOs about half aren't really sure how to acheive it.
  • Spend Visibility plays a key role in finding the right targets and managing compliance with green sourcing initiatives.
  • Establishing and measuring the right key performance indicators in you Supplier Performance Management process increases the buyer and suppliers overall accountability.

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