Value added sustainable procurement customer's perspective as perceived by companies: an empirical study of western european food and beverage companies
Abstract
In our days, sustainable procurement is considered as a particularly popular practice for companies, being implemented as a part of a larger sustainability strategy or solely as part of the procurement function. For the last ten years, sustainable procurement was applied primarily at a tactical level, aiming mainly in reducing environmental costs on procurement activities with suppliers. However, during the last five year period, besides cost cutting, the sustainable procurement implementation by management has often become the pretext to improve operations efficiency and generate new sustainable products, develop niche markets and grow market share. Thus, sustainable procurement has become a new means for management to implement strategies aiming at the acquisition of best possible supplies which are socially and ethically acceptable to consumers while preserving the environment from pollution and depletion, hence in the maintenance of their competitive advantage. The aim of this d ...
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