Seminar & Workshop: Sustainable procurement as a competitive advantage

Having a sustainable supply network has become a key strategic objective for most companies. Procurement must therefore ensure that suppliers throughout their global supply network live up to social and environmental responsibilities, while simultaneously maintaining cost and quality performance. This course covers the process and elements of sustainable sourcing, for example codes-of-conduct and monitoring.

However, procurement functions must also handle the instances where suppliers are not sufficiently capable or less willing to develop sustainability competencies. These suppliers require a more interactive approach, where procurement engages with suppliers, for example to track and reduce scope 3 emissions. Finally, this course also covers the added challenges of sustainable sourcing beyond direct suppliers, further upstream in the supply network.

Key content:

• Creating sustainable procurement strategies that align with corporate values
• Supplier compliance - setting and measuring supplier sustainability
• Multi-tier supply chain transparency and compliance tracking
• Balancing the performance objectives of sustainable vs. conventional sourcing
• Supplier engagement for enhanced strategic business impact