Introduction
The year 2020 has come with its peculiar challenges. It has been notified that some customers will not be willing to spend their hard-earned money on your products if you are not going to do anything proactively to improving sustainably. Following the recent study, it has been found out that over 50% growth of consumer packaged goods is related to sustainably marketed goods.
There are things that you have to do to grow your company through sustainable procurement. These practices are listed below as follows:
1. Your Presentation
A sustainable procurement program usually begins with a persuasive presentation from the procurement team. Stakeholders in your organization will have to be duly consulted and presented with a sustainability program. Such a presentation will properly address the reasons why the company should embrace such procurement changes.
2. Place a Workable Strategy
There are diverse sizes in procurement teams and organization. They come with no single approach to implementing sustainability initiatives. Other than trying to figure out a new workable strategy, it is very vital for your team to absorb existing sustainable practices into what you have as your procurement practices.
3. Look for Supplier That Meets Your Needs
Discovering your sustainability priorities; and what you aim at achieving, you need to make a review of all your previous suppliers and put them on a scoreboard to know which of them that suits your procurement needs and goals.
4. Work as a team
Teamwork has proven to be one of the most effective keys to move sustainable and ethical supply chain. About 75% of companies have agreed to have the assertion above as being more acceptable.
It is left for your procurement team to collaborate with any other non-governmental organization or companies in sharing what is seen as the ultimate practices for successful procurement.
5. Get to the facts
Clarity of procurement processes is a must for sustainability to be achieved. This transparency must cut across all segments of the supply chain. Invariably, you have to avail yourself to doing extra tasks.
6. Target the quick wins
Most times what brings big changes is little results we put together over time. You do not expect changes to occur instantly. You have to exercise some patience and commitment to implementing sustainability programs. It is easier to take u[p little changes one by one rather than undertaking a big procurement goal that many may seem too big to handling.
Conclusion
Some notable benefits crop up from implementing the above procurement practices. One of the benefits is the reduction of risk. Being involved in long time procurement practice will guard your organization against becoming irrelevant in the future. Outsourcing your non-core services to a remote partner will help your organization to come over these challenges in less than no time.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
Russell Gadson says: 
6 SUSTAINABLE PROCUREMENT PRACTICES FOR YOUR ORGANIZATION
Introduction
The year 2020 has come with its peculiar challenges. It has been notified that some customers will not be willing to spend their hard-earned money on your products if you are not going to do anything proactively to improving sustainably. Following the recent study, it has been found out that over 50% growth of consumer packaged goods is related to sustainably marketed goods.
There are things that you have to do to grow your company through sustainable procurement. These practices are listed below as follows:
1. Your Presentation
A sustainable procurement program usually begins with a persuasive presentation from the procurement team. Stakeholders in your organization will have to be duly consulted and presented with a sustainability program. Such a presentation will properly address the reasons why the company should embrace such procurement changes.
2. Place a Workable Strategy
There are diverse sizes in procurement teams and organization. They come with no single approach to implementing sustainability initiatives. Other than trying to figure out a new workable strategy, it is very vital for your team to absorb existing sustainable practices into what you have as your procurement practices.
3. Look for Supplier That Meets Your Needs
Discovering your sustainability priorities; and what you aim at achieving, you need to make a review of all your previous suppliers and put them on a scoreboard to know which of them that suits your procurement needs and goals.
4. Work as a team
Teamwork has proven to be one of the most effective keys to move sustainable and ethical supply chain. About 75% of companies have agreed to have the assertion above as being more acceptable.
It is left for your procurement team to collaborate with any other non-governmental organization or companies in sharing what is seen as the ultimate practices for successful procurement.
5. Get to the facts
Clarity of procurement processes is a must for sustainability to be achieved. This transparency must cut across all segments of the supply chain. Invariably, you have to avail yourself to doing extra tasks.
6. Target the quick wins
Most times what brings big changes is little results we put together over time. You do not expect changes to occur instantly. You have to exercise some patience and commitment to implementing sustainability programs. It is easier to take u[p little changes one by one rather than undertaking a big procurement goal that many may seem too big to handling.
Conclusion
Some notable benefits crop up from implementing the above procurement practices. One of the benefits is the reduction of risk. Being involved in long time procurement practice will guard your organization against becoming irrelevant in the future. Outsourcing your non-core services to a remote partner will help your organization to come over these challenges in less than no time.
Daven Michaels is a New York Times Best Selling Author and CEO of premiere global outsourcing company, 123Employee. The company employs hundreds of young bright individuals on three continents. His International event, Beyond Marketing Live! Inspires entrepreneurs to build & grow their business with revolutionary new theories and systems allowing them to design the business and personal lifestyle of their dreams.
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