So, what exactly is sustainable procurement? ISO 20400:2017, the international standard for sustainable procurement defines it as:
Procurement that has the most positive environmental, social and economic impacts possible across the entire lifecycle and that strives to minimise adverse impacts. It is a powerful instrument when organisations consider sustainability requirements and its own contribution to sustainable development.
At Thinkable Partners, our core philosophy is that everything we do and contribute to, should be done in a manner that is not only professional and cost-effective for our clients, but also sustainable in a manner that ensures a solid future for those to come.
We view procurement through the lens of sustainability and the circular economy. This means that we consider not only the value for money benefits of best practise procurement, but also the longer-term social and environmental impacts of your procurements and supply chain.
By working with us, you get the benefits of a forward-looking, agile organisation that can guide your journey towards your circular economy and sustainability goals, or enhance it, if you’ve already begun. Being technical partners for the Australian Circular Economy Hub we are uniquely placed to do this.
Our Sustainable Procurement Model
Our procurement model, based around our 5 E’s; Explore, Envision, Execute, Evaluate, and Evolve is tailored to meet your requirements. These important concepts can be applied at any part of your current procurement and sourcing processes, or used as the foundation to develop completely new ones.
Our consultants will work with you using a systems-based approach and human-centred design to develop fit-for-purpose solutions to your sustainable procurement challenges.
When to engage our services?
Our approach is circular, which really does mean, no beginning and no end. But what does this mean for you? Our framework provides us with the ability to come into your organisation at any point in your procurement lifecycle to help you achieve your goals, regardless of where you are on the sustainability spectrum.
The answer as to when to engage us is very simple. Right now!
Explore: We will map out your existing processes and understand how your business works.
Envision: We will provide ways to include alternative procurement arrangements to achieve your business objectives and ensure sustainability.
Execute: We will work with you to implement new processes that maximise value, are effective and efficient, and are sustainable and repeatable.
Evaluate: We will help you develop tangible performance indicators that will allow you to quantify your benefits.
Evolve: We will help you put in place processes and procedures that will ensure your procurement processes are sustainable for the long term.
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