How to Make Your Procurement Processes More Sustainable

The supply chain industry is deeply integrated in the vast majority of business services, creating an interconnected network of people and products. Companies can utilize this network to develop more sustainable business practices. Procurement — the process of acquiring goods from suppliers — presents a great opportunity to make many links in the supply chain more sustainable. While 58% of supply chain companies are confident in their ability to mitigate risk through sustainable procurement processes, many businesses are deterred from adopting more sustainable practices in fear of high costs and a lack of resources to manage such changes to their operations.