As data volumes and complexity grow, procurement professionals increasingly recognize the need for accurate and transparent data management. This is essential for managing equipment flow, selecting suppliers, negotiating contracts, and mitigating risks. Data has long been a problem for procurement,
Requis recognizes the importance of building a platform that easily connects with your existing technology solutions. Leverage our API and App Store to banish data silos. After years of using legacy programs that leave much to be desired, forward-thinking procurement leaders are recognizing the impo
As humans continue to smash through our planet’s safe environmental limits, The Circle Economy’s 2023 Circularity Report acts as an urgent call for a change in global material consumption. Understanding Current Circularity Issues After years of research, report authors offer several measures that
In today’s marketplace, suppliers can use collaborative relationships and digital platforms to shift from a cost-reduction focus to build-value cultures. In the global marketplace, traditional procurement processes are not efficient. Remote work and an increase in digitization have radically change
Globally, organizations are investing significant resources to become carbon neutral. By definition, net-carbon zero includes reducing the entire enterprise’s carbon footprint. Consequently, carbon—management accounting associated with procurement is a challenge and requires rethinking supply chain
Companies are under pressure to improve their ESG performance to investors, the government, and the public. Besides environmental practices, ESG initiatives include developing supplier diversity programs. Such policies address creating supply chain and procurement plans with diverse groups, such as
The largest decarbonization project in Europe is following a sustainable approach. Drax, the leading UK provider of biomass-based electricity, submitted plans to construct the largest bioenergy with carbon capture and storage (BECCS) operation at its North Yorkshire power station. Working with its e
After years of buying and trying single-vendor software suites, organizations realize these options fail to deliver the desired results, especially in procurement and supply chain management. Legacy software attempts to do “everything for everyone” across the enterprise but the impact is users' prod
Weighted score capabilities are now available on Requis’ Sourcing platform. Requis has rolled out a new feature that allows weighted scoring prioritization to compare suppliers and contractors to set up corporate supplier scoring and understand the delta between projects and corporate-level activit
Why oil and gas operators should be selling more of their idle assets, how they could be getting more for what they sell, and the PR win they’ll gain when they sell the right way.
Dave Anderson, Brian Aoaeh and Ryan Floyd, all veteran venture capitalists, explain why they're looking hard at investing in tech for supply chain right now.
What we can learn from the supply chains that adapted more easily to COVID-19 disruptions. One thing is clear: digitization is the essential first step.
Over the past 10 years, we have radically changed the way we search, buy, sell, and even own, goods and services. Whether we realize it or not, we are digitizing every aspect of our personal lives. So why is it that our working lives are still so different?
Richard Donaldson, Silicon Valley veteran, eBay alumni and Head of Supply Chain Platform Innovation & Strategy talks about the early days of Requis.
Build a sustainable future with us
Find out how Requis aligns financial and environmental targets for both buyers and sellers for capital projects.