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Sustainable Procurement

Sustainable procurement is satisfying an organization's demands at the best possible financial value while minimizing the negative impact on humans and the atmosphere. There are studies where environmental factors are included as a KPI in buying elements, but it’s tough to integrate the three essential pillars Social, Economic, and Ecological Pillar.
In the context of this research, SP is an ethical and eco-friendly technique for meeting the demand and desire for articles, amenities, and utilities in a way of establishing significant gains not only for the company but also for individuals and the monetary aspects by generating the lowest amount of threat to the nature. More healthy consumption and manufacturing will enable nations to advance along a sustainability roadmap by sticking to the worldwide mission of an Eco-friendly globe. This paper focuses on the implementation of SP and identifies a list of SP (Sustainable Procurement) drivers, barriers, and practices required for organizational changes that must be made by an organization when transforming a traditional procurement process into a sustainability-oriented procurement process, to contribute to the global and national agenda of addressing the concept of sustainability. Using empirical data, this paper offers recommendations for professionals and organizations planning to undertake Sustainable Procurement practices.

Identiferoai:union.ndltd.org:DRESDEN/oai:qucosa:de:qucosa:90728
Date03 April 2024
CreatorsPatil, Kushal
ContributorsDresden International University
Source SetsHochschulschriftenserver (HSSS) der SLUB Dresden
LanguageEnglish
Detected LanguageEnglish
Typeinfo:eu-repo/semantics/acceptedVersion, doc-type:masterThesis, info:eu-repo/semantics/masterThesis, doc-type:Text
Rightsinfo:eu-repo/semantics/openAccess

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