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The objective is to provide learners with an understanding of ethical and responsible sourcing practices and their impact on supply chain management, emphasizing ethics, sustainability, and corporate social responsibility in procurement.
The key topics include ethical sourcing, corporate social responsibility (CSR), sustainable procurement, relevant legislation and standards, risk management, and stakeholder engagement.
Ethical sourcing is important because it ensures that procurement practices do not harm individuals, communities, or the environment, and helps maintain the integrity and reputation of the organization.
CSR influences sourcing decisions by encouraging organizations to consider the social, environmental, and economic impacts of their procurement practices and to adopt policies that promote positive outcomes in these areas.
Sustainable procurement involves sourcing goods and services in a way that achieves value for money while benefiting society and the economy, and minimizing damage to the environment.
TESTED 04 Dec 2024
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