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.
Labels: Ariba, Environment, Spend Management
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