Everything you need to know about sustainable procurement in 2020
Sustainability is one of the most important trends of our time – and it looks set to dominate business discussions well into the foreseeable future. In fact, studies have made the case for sustainability to be considered a new type of competitive priority, joining quality, cost, reliability, timeliness, flexibility and innovation as one of the core factors for building competitive businesses.
As we enter a new decade, it is vitally important that procurement leaders understand what sustainable procurement means for both public and private sector organizations, and how they can shift their procurement operations toward supporting the planet and its people while operating in a profitable way.
In this article we discuss:
- What is sustainability in procurement?
- Sustainable procurement – key benefits
- Key drivers of sustainable procurement in your organisation
- 7 steps to follow when building and executing your sustainable procurement initiative