Establishing business relationships with environmentally
responsible suppliers is socially and ecologically progressive, but are
consumers willing to pay extra for it in the end? Believe it or not—yes. A 2013
study from Nielsen showed that half of global consumers are willing to pay more
for goods and services from businesses that give back to society or are
environmentally cognizant. This creates a strong opportunity for companies that
are dedicated to ensuring green supply chain and procurement results. According to the publication, The Procurement Game Plan: Winning
Strategies and Techniques for Supply Chain Professionals, “We think
improving supply chain performance holds the greatest potential to make a real
difference [in the environment].”
So how can you ensure that your suppliers operate a truthfully
eco-friendly business during the procurement process? The below infographic
serves to offer some simple guidelines to green-up your organization’s suppliers.
At Source One, our team understands the value behind
environmental sustainability and are experienced to work with clients to
identify the most environmentally-conscious suppliers that meet your
organization’s needs. Reduce spend and drive environmental value in your supply
chain through Source One’s strategic
sourcing sustainability solutions.
Sources
referenced:
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