Sustainable sourcing is more cost-effective than you think

Sustainable sourcing is more cost-effective than you think

Many buyers are caught between social responsibility and economics. Those working in low-cost-at-all-cost operations are often forced to make procurement decisions that violate their own personal sustainability and social responsibility beliefs.

They can practice sustainable strategic sourcing, or the greening of the supply chain, only when it is the lowest cost alternative to an existing non-sustainable product. Cost pressures often win the day.

Thankfully, the gap between sustainable and low cost procurement is narrowing. Buyers have greater choices in sourcing sustainable products from suppliers with a strong belief in corporate social responsibility.

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CALCULATING THE TRUE ROI OF SUPPLIER DIVERSITY

CALCULATING THE TRUE ROI OF SUPPLIER DIVERSITY

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