Procurement Magazine November 2023 | Page 125

SUSTAINABILITY

“ Some of the main challenges supply chain and procurement teams face are legacy team structures and incentives ”

CINDY VENHO PROJECT MANAGER ,
ELLEN MACARTHUR FOUNDATION
Procurement strategies and future legislation With more companies adopting circular economy principles to create value and help tackle global environmental challenges , there is clearly more progress that can be made in the coming years .
There are ongoing negotiations for a UN treaty to end plastic pollution , and circular economy is a key topic in the European Green Deal , but Venho thinks procurement teams have a vital role to play alongside legislation .
“ Supply chain and procurement professionals can use their overview and control of material flows and their positions of influence within the system to accelerate the ongoing shift from fragile and polluting linear supply chains to resilient and regenerative circular supply chains ,” she explains . procurementmag . com 125