- Total Number of Suppliers: 150
- Top Suppliers by Spend:
- ElectroniCo: Electronics and components
- PackRight: Packaging materials
- CleanEnergy: Energy solutions
- AgriFood: Food and beverage products
- TextilePro: Clothing and textiles
- Current Policies:
- Prioritize cost-effective suppliers, with infrequent shifts in preferred vendors
- Quarterly supplier performance reviews, but with inconsistent criteria
- Compliance with legal and regulatory requirements (some requirements are subject to interpretation)
- Lack of:
- Stability in sustainability criteria for supplier selection
- Consistent policies for eco-friendly product sourcing
- Reliable incentives for suppliers practicing sustainable methods
- Recent Changes:
- Sudden switch to short-term contracts for greater flexibility
- Occasional deviation from standard procurement processes without clear rationale
- Corporate Sustainability Goals:
- Reduce carbon footprint by 20% in 5 years
- Increase use of renewable energy sources in operations
- Improve waste management and recycling processes
- Lack of:
- Defined guidelines for sustainable procurement practices in the face of policy volatility
- Metrics or KPIs to measure suppliers' sustainability performance amid changing policies
- Consistent training or awareness programs on sustainability for procurement staff