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"The Benefits of Sustainability Must Be Recognized and Realized in Procurement."

Published on:
23/2/2024
Updated on:
8/4/2024
5 min read
Written by: 
Bernd Neufert

Expert in strategic procurement

Understand how sustainability reporting in Supplier Relationship Managment SRM is not just a trend but a strategic imperative for competitive businesses. We explore the innovative nature of sustainable sourcing and how it aligns with procurement goals to drive efficiency and cost savings, with a spotlight on the role of digitalization and automation.


How to stay competetive using Sustainability

Sustainability in procurement has many facets. It can mean completely different things, from biodiversity and organic farming to greenhouse gas emissions and certification. Sustainability becomes very tangible in procurement. Procurement is an important, if not the decisive, partner in sustainability projects within the supply chain. These projects are summarized under the term Sustainable Sourcing.

Priority is given to goods availability, material quality, and the cost of ownership. It is often assumed that the increasing demand for sustainable procurement processes and sustainable raw materials is diametrically opposed to procurement objectives.

In fact, sustainability in general, and sustainable procurement specifically, is the key to sustainable competitiveness. Processes are reorganized and optimized. This makes it almost impossible to avoid cost savings or efficiency gains.

The best saving is the euro that is not spent.

Innovative Ideas are Crucial

However, companies need the right employees for this. A company is not sustainable per se. The decisive factors are the innovators with ideas, motivation, expertise, and experience. The company's leadership can and must act as moderators and catalysts.

The Basis is Digitalization and Automation

In this landscape of continuous change and opportunity, Relatico SRM software emerges as a pivotal tool, aiding companies in embracing sustainable procurement practices. It facilitates the seamless integration of sustainability into procurement strategies, driving efficiency and fostering innovation across the supply chain.

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Bernd Neufert
Bernd Neufert
Expert in strategic procurement

We're happy to help!

I would be happy to learn about your challenges and show you how our software solutions can help you.

Bernd possesses extensive experience in strategic procurement, shaped by his tenure at Eckes-Granini, Symrise and DuPont de Nemours. Currently, he is focused on sustainable sourcing and supply chains, collaborating with the relatico team to develop practical software solutions. Additionally, Bernd runs his own agricultural business and is involved in supply chain projects globally.