It’s no secret that the world is becoming more concerned with sustainability. Consumers want to know where their products come from and what they are made of, and businesses want to be viewed as environmental leaders.
Quantum 360 Sustainable Procurement services assist organisations in identifying and mitigating the environmental consequences of their supply chains. This includes choosing suppliers who are low-impact, fair trade, or ecologically friendly, as well as employing responsibly sourced production materials.
Benefits of Sustainable Procurement:
- Reduce Risk and Strengthen Business Reputation
- Reduced expenditures: Sustainable suppliers may reduce an organisation’s expenses by lowering waste and energy costs;
- Revenue Growth: Consumers who believe in sustainability seek ethical and sustainable products and organisations. These customers are frequently willing to spend a little bit more if they know the product or service is sourced sustainably and ethically.
- Future-Proofing: Creating a sustainable procurement plan is one method to protect the company against a potential supply shortage. This plan will also help protect against changes in social elements such as technology availability, economic issues such as currency rate fluctuations, and environmental influences such as climate change.
