31.7 C
Tuesday, January 18, 2022
HomeProcurementKey Drivers for Social Sustainable Procurement

Key Drivers for Social Sustainable Procurement

The key drivers of sustainable procurement were found to be, social and environmental factors into thought along with financial factors in making procurement decision. The three proportions of sustainability: environmental superiority; social impartiality; and economic success.

Sustainable procurement is generally represented by commitments to environmental sustainability, which emphasizes the utilization of sustainable products and reducing use of resources. Social sustainability tries to reflect local diversity within the workforce by encouraging use of local suppliers and native labour. The organizations meet their needs for goods, services, works and conveniences during a way that achieves value for money on a whole-life foundation as well as Benefits are generated for the organization, society and economy, at the same time minimizing damage to the environment.

The full content is only visible to SIPMM members

Already a member? Please Login to continue reading.

Tsawm Myu Ra, DPSM
Tsawm Myu Ra has several years of experience in logistics and supply chain operations, and specifically in the humanitarian organization. She holds an Effective Certificate in Purchasing Management. Myu Ra is a member of the Singapore Institute of Purchasing and Materials Management (SIPMM). She completed Diploma in Procurement and Supply Management (DPSM) on June 2020 at SIPMM Institute.

Most Read