Innovative sustainability solution to provide
resources and benefits to ISM community
TEMPE, Ariz.,
May 9,
2024 /PRNewswire/ -- Institute for Supply
Management® (ISM®)
announces strategic alliance with Kloopify, a sustainability
solution provider that provides procurement and supply chain
managers the ability to measure, manage, and reduce their
environmental impact without sacrificing price, quality, and
delivery.
Kloopify's AI-driven platform meticulously assesses the
environmental impact of each transaction, seamlessly integrating
data specific to materials and suppliers. This enables a thorough
and traceable analysis for global supply chains at a product, SKU,
and service level, aligning with Scope 2 and 3 greenhouse gas (GHG)
emissions tracking. Leveraging vetted private, public, and Kloopify
curated third-party data alongside universally recognized
accounting standards like the Greenhouse Gas Protocol, Kloopify
ensures the delivery of high-quality analyses and actionable
insights.
ISM members receive a 30 percent discount on Kloopify's
subscription services to improve their supply chain's
sustainability performance and to operationalize sustainability.
Built by and for procurement and supply chain practitioners, this
tool provides visibility to sustainability impact data at the
transaction level and tracks the overall progress of supplier
sustainability. This alliance and exclusive offer for ISM's members
will enable a more proactive and strategic approach to sustainable
sourcing.
Kloopify and ISM will partner on quarterly webinars on
sustainability-related topics and contribute to sustainability
content and education for the community.
"This alliance provides the ISM community the opportunity for
data-driven sustainability insights and strategic decision-making,"
said ISM Chief Product Officer, Susan
Marty. "We're excited to share a powerful resource with
organizations to help address their sustainability goals, and in
turn, advance ISM's vision for a sustainable future."
Kloopify's Founder and Chief Executive Officer, Daniela Osio, is an award-winning supply chain
professional who identified a problem in the profession and
developed a solution to address it from the lens of procurement and
supply chain.
According to ISM's 2024 Sustainability Research report, 40
percent of organizations have sustainability tied to their
company's performance goals. Thought leadership as well as
execution of sustainability measures is led by supply chain teams.
However, the report notes that only 33 percent are collecting and
reporting Scope 1, 2 and 3 GHG data by the end of 2024. This data
gap is a notable pain point and need, particularly for
organizations impacted by global sustainability regulations.
"I am thrilled to announce our partnership with ISM. This
collaboration is pivotal in advancing sustainable procurement
practices on a global scale. ISM's commitment to education and
providing a solid foundation aligns perfectly with our mission to
make sustainable procurement scalable. We firmly believe that
technology, when combined with the right processes, training, and
systems, yields tangible results," said Osio.
To complement the Kloopify solution, ISM encourages
organizations on a sustainability journey or those with specific
goals to assess their talent and team leveraging ISM's
Sustainability Assessments. In tandem with Kloopify, these
insights, along with ISM's sustainability education, can empower
procurement and supply chain teams with data-driven insights and
resources.
"This partnership underscores the importance of integrating
technology with comprehensive training and robust processes, laying
the groundwork for impactful reductions in environmental
footprint," said Osio. "Together, we are not only driving
sustainability forward, leveraging and unlocking the potential for
sustainable procurement to become a revenue-generating opportunity
for businesses worldwide."
Notably, Osio is a former ISM 30 Under 30 Rising Supply Chain
Star and is a member of ISM's Sustainability, Social
Responsibility, and Ethics Committee. Kloopify was awarded the 2023
ISM Supply Chain Trailblazer Award in the Procurement Solutions
Provider Impact Category at the ISM Awards Gala on April 30, 2024.
To learn more about ISM's alliance with Kloopify, visit:
ismworld.org/lp/kloopify.
About Institute for Supply Management®
Institute for Supply Management® (ISM®) is
the first and leading not-for-profit professional supply management
organization worldwide. Its community of more than 50,000 in more
than 100 countries manages about US$1
trillion in corporate and government supply chain
procurement annually. Founded in 1915 by practitioners, ISM is
committed to advancing the practice of supply management to drive
value and competitive advantage for its members, contributing to a
prosperous and sustainable world. ISM empowers and leads the
profession through the ISM Report On Business®,
its highly-regarded certification and training programs, corporate
services, events and the ISM Supply Chain Capability Model™. The
ISM Report On Business®, Manufacturing and
Services, are two of the most reliable economic indicators
available, providing guidance to supply management professionals,
economists, analysts, and government and business leaders. For more
information, please visit: www.ismworld.org.
About Kloopify:
Kloopify offers the fastest, highest
quality way to understand the sustainability impact of your
business procurement activity. Kloopify enables your team to take
action and lower emissions while integrating sustainability into
procurement. Leveraging AI to analyze impact data, Kloopify extends
the analysis by integrating supplier-specific data, SKU level data,
and mapping it back to transactions. Kloopify offers access to an
affordable, auditable, and granular analysis for your global supply
chain, no matter where you are on the data journey. For more
information check us out at www.kloopify.com.
Contact: Jessica Boyd,
480.752.6276, ext. 3085
jboyd@ismworld.org
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SOURCE Institute for Supply Management