Sustainable Procurement: Best Practices and Tools to Drive Value
Sustainable procurement is no longer a nice-to-have, it is a vital business function for protecting the company's reputation, mitigating risks and selecting the supply base that will endure for the future of the business. But monitoring environmental, ethical and social/labor practices (the practice commonly known as "Corporate Social Responsibility" or CSR) of suppliers spread across the globe poses a big challenge. Unfortunately, auditing processes usually are not very scalable.
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Sustainable procurement is no longer a nice-to-have, it is a vital business function for protecting the company's reputation, mitigating risks and selecting the supply base that will endure for the future of the business. But monitoring environmental, ethical and social/labor practices (the practice commonly known as "Corporate Social Responsibility" or CSR) of suppliers spread across the globe poses a big challenge. Unfortunately, auditing processes usually are not very scalable.