Search results
Results from the WOW.Com Content Network
Circular procurement is an approach to government procurement that enables private and public authorities to support a transition to a circular economy.This is done by purchasing works, goods, or services designed to create closed energy and material loops within supply chains while minimizing, or avoiding, the generation of waste and other negative factors on the environment.
Sustainable procurement or green procurement is a process whereby organizations meet their needs for goods, services, works and utilities in a way that achieves value for money on a life-cycle basis while addressing equity principles for sustainable development, therefore benefiting societies and the environment across time and geographies. [1]
Category management is an approach to the organisation of purchasing within a business organisation, also often referred to as procurement.Applying category management to purchasing activity benefits organisations by providing an approach to reduce the cost of buying goods and services, reduce risk in the supply chain, increase overall value from the supply base and gain access to more ...
Procurement is the process of locating and agreeing to terms and purchasing goods, services, or other works from an external source, often with the use of a tendering or competitive bidding process. [1] The term may also refer to a contractual obligation to "procure", i.e. to "ensure" that something is done.
ISO 20400:2017 Sustainable procurement — Guidance is a standard by the International Organization for Standardization (ISO) that provides guidance to organizations, independent of their activity or size, on integrating sustainability within procurement. [1]
The portal has transformed public procurement in India [1] by driving its three pillars, namely, inclusion, usability and transparency and efficiency and cost savings. [7] According to an independent assessment made by the World Bank , average savings for buyers in Government e Marketplace portal is about 9.75% on the median price. [ 8 ]
Project 13 is defined by five Pillars and a set of Principles. The Project 13 framework [11] summarises the five Pillars, the core Principles provide a simple maturity matrix, [12] illustrating the journey to a high performing Enterprise. The five Project 13 pillars are: Capable Owner, Governance, Integration, Organisation and Digital ...
The procurement and sourcing at centralized places helped the company to consolidate the suppliers. The company has established four centralized points, including an office in Mexico City and Canada. Just a mere piloting test on combining the purchase of fresh apples across the United States, Mexico, and Canada led to the savings of about 10%.