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Conducting the End-to-End Value Chain Orchestra


In recent years, manufacturers have been outsourcing increasingly larger bits and pieces of their operations. Even historically sacred cows such as engineering, R&D, and product development are now commonly outsource...



 

Glossary > S > Socially Responsible Procurement  

 

Socially Responsible Procurement


Source: Procurement Glossary
Author: Paul Rogers
Institute: CIPS - UK

Courtesy of


 

Socially responsible procurement occurs when organisations design their procurement processes to deliver social outcomes as well as, or as an alternative to, normal economic measures of value.  For example, supply chain partners internationally may be encouraged to observe international standards for employment conditions and to allow free association of workers.  The definition of value for money may be configured so that social outcomes such as the use of local labour, or the engagement of apprentices, or the participation of disadvantaged groups is given a weighting in the bid evaluation.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 





HOYER: Future-Proofs System for Managing Intermodal Rail, Road, and Sea Transport to Meet High Growth Potential


HOYER is an independent family enterprise that dates back to 1946, and which has become one of the world’s leading bulk-logistics providers, offering comprehensive transport services and complex logistics soluti...