Report on Sustainable Supply and Procurement

Added on - 03 Dec 2019

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SUSTAINABLE SUPPLYAND PROCUREMENT1
TABLE OF CONTENTSIntroduction......................................................................................................................................3Fact sheet........................................................................................................................................3Presentation of global and national data in the respect of given topic.........................................3Overview of two companies with comparing their performance.................................................4Evaluating the performance of companies and giving appropriate recommendations................7Conclusion.......................................................................................................................................82
INTRODUCTIONIn today's competitive world, it is essential for organization to perform their practices in alegal and ethical manner in order to gain success in business. Now days, the level of generalawareness has been increasing rapidly that influence the customers to get connected withcompany which adopts the method of sustainability and environment friendly (Walker and Jones,2012). In the modern era, suitability has been become one of the crucial criteria for thejudgement of industries and businesses. By considering this approach, organization can developtheir brand image among public as well as enhance their reputation.Due to this aspect, the present report is focused on describing the impact of sustainablesupply and procurement on the development and growth of business. Along with this, it includesdescription about the performance of two companies regarding the sustainable purchasing of rawmaterials, manufacturing processes and delivering of products. For better understanding of thisreport, Marks & Spencer and Unilever have been taken into consideration.FACT SHEETPresentation of global and national data in the respect of given topicIn order to gain success in this competitive world, it is mostly required for commercialentity to adopt the concept of sustainability in their business practices because modern customersare more aware about the safety and welfare of environment, society and human beings (Attaranand Attaran, 2007). Due to this aspect, sustainable supply and procurement is necessary for theorganization to perform their business activities in a legal manner. Sustainable supply ofproducts and purchasing of raw materials is beneficial for the business entity to achieve its goalsand objectives. Along with that, it is helpful for customers by getting better quality of products.In accordance to the concept of sustainability, management of company needs to focus on thefollowing factors such as economic, environmental and social at the time of buying and sellingproducts and services (Wagner and Svensson, 2010). Along with this, it is required for them toconsider the quality, quantity and price of goods and services which will be served to customers.By considering the sustainable procurement, organization will be able to conduct betterrelationship with suppliers in national and international level (De Brito, Carbone and Blanquart,2008). In the global market, contract negotiation must be ethical in order to perform supply and3
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