Sustainable sourcing and Supply Chain Management
Sustainability used to be just a buzzword...
Sustainability used to be just a buzzword, but now it has become a steady component of corporate strategy. Many companies rigorously apply the principles of sustainability in purchasing and supply chain management. These are the results of a study conducted by Roland Berger Strategy Consultants and the Bundesverband Materialwirtschaft, Einkauf und Logistik (BME – Association of Materials Management, Purchasing and Logistics). The study is entitled "Sustainable sourcing – Next level in procurement excellence". More than 250 decision-makers from purchasing, supply chain management and logistics participated in the study.
"In the near future, sustainability will play a decisive role in companies' competitiveness and acceptance," says Roland Schwientek, Partner at Roland Berger Strategy Consultants. "It will thereby also influence the traditional target dimensions of purchasing: price, cost, time, delivery punctuality and product quality." In the meantime, many companies are rigorously applying the principles of sustainability. They incorporate not only economic aspects into their decisions and processes, but social and ecological considerations as well. For example, by realizing sustainability in purchasing, companies pledge to take action against corruption, antitrust agreements, child and forced labor and to strictly observe human rights, environmental and health protection as well as fair labor conditions.
"In the near future, sustainability will play a decisive role in companies' competitiveness and acceptance," says Roland Schwientek, Partner at Roland Berger Strategy Consultants. "It will thereby also influence the traditional target dimensions of purchasing: price, cost, time, delivery punctuality and product quality." In the meantime, many companies are rigorously applying the principles of sustainability. They incorporate not only economic aspects into their decisions and processes, but social and ecological considerations as well. For example, by realizing sustainability in purchasing, companies pledge to take action against corruption, antitrust agreements, child and forced labor and to strictly observe human rights, environmental and health protection as well as fair labor conditions.
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