MODULE 3: TACTICAL & OPERATIONAL > SUSTAINABLE SOURCING > RELEVANCE OF SUSTAINABILITY FOR PROCUREMENT

. [Virtual Presenter] In the supply chain, Procurement has one of the most important role to play in Sustainability. When dealing with suppliers, Procurement has to consider all those elements: resource footprint, carbon footprint, basics rights, social standards, compliance, responsible business It’s the role of Procurement to ensure stability of supply chains, sustainability at fair cost, suppliers comply with regulations, risk mitigations in the supply chain. Sustainability is a tri-dimension approach, which is bearable, equitable and viable. Bearable is the conjunction of social and environmental aspects, equitable is both when economical and societal considerations are met and viable when economy and environment are aligned..