Beyond Compliance: The 5 Pillars Of Sustainable Procurement Value Creation
This paper examines the best practices of procurement organizations who have turned the corner toward value creation by rethinking their sustainable procurement programs entirely. Five key elements emerge that have enabled these leaders to shift the focus of their programs to a performance mindset that engages suppliers in long term value. Starting with the first “strategy alignment” phase and continuing through to phase five, “innovating together”, these companies are reaping the rewards not only in risk reduction, brand enhancement and new revenue growth, but also in improving their total impact on the planet and the communities they touch.
Third Party Management