A quantitative analysis of value drivers associated with Sustainable Procurement Practices

Sustainable Procurement is a new dimension for Chief Procurement Officers (CPOs) who until recently based their decisions primarily on price, quality and time. Sustainability was mainly taken into account on a risk-based approach in line with the global movement towards low cost country sourcing. But how can this risk protection be quantified? And what is the impact on cost reduction and the development of new offers/products?

 

Contributors: EcoVadis
Categories: Whitepaper
SRC Type: Risk Management, Sourcing, Sourcing Management, Strategy, Third Party Management, Trends