Procurement Magazine August 2023 | Page 94

SUSTAINABILITY

PRIORITISING PRODUCT DURABILITY : PROCUREMENT ’ S IMPACT

Insights from Proxima ’ s Ashley Clark & Philip Hong on leveraging product durability in procurement for savings , satisfaction & sustainability
WRITTEN BY : ILKHAN OZSEVIM

In business , in the world , and in the realm of procurement , prioritising product durability and longevity brings numerous advantages that resonate with both businesses and the environment . Here ’ s why it matters :

Economic benefits Longer product lifetimes can lead to cost savings for both consumers and manufacturers .
Consumers can save money by purchasing products that last longer and require less maintenance or replacement .
94 August 2023