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hide when it comes to emissions . This will accelerate our collective journey towards net-zero .
Q . WHEN IT COMES TO SUSTAINABILITY , WHERE WITHIN SUPPLY CHAIN AND PROCUREMENT DO YOU SEE NEEDING THE MOST FOCUS ?
» The focus needs to be on transparency of the supplier selection process . This is absolutely critical in terms of ensuring that purchasing decisions by businesses are being done in line with their organisations ’ goals , such as sustainability .
When this is carried out via email , businesses are pretty much blind to how their procurement departments are selecting suppliers . Up until now , there has been no control and no ramifications as procurement processes are not auditable .
When clear ESG standards are put in place within this procurement RFx process of engaging and evaluating suppliers , the pressure on the supplier market to ‘ go green ’ is increased ( and commercially incentivised ).
metrics ( cost , quality , time to delivery , etc ), sustainability will come much more into focus - and likewise under much more scrutiny .
For example , we will start to see businesses putting equivalent weight on the carbon ramifications of their
Q . AS WE LOOK TO 2023 , WHERE DO YOU SEE THE FOCUS BEING FOR SUPPLY CHAIN AND PROCUREMENT ORGANISATIONS FOR THEIR SUSTAINABILITY AGENDA ?
» It will take time , however ensuring that carbon and sustainability-related factors of suppliers are taken into account in the procurement RFx process will become more pervasive in how procurement departments are required to operate .
Factoring these in , alongside the more traditional supplier selection
20 February 2023