Procurement with Purpose: How Supply Chain Leaders Are Transforming Business for Climate Action
The decisions we make this decade will shape humanity’s future. As we approach COP30, one question becomes increasingly urgent: If our economic system continues to destroy our biosphere while failing to meet basic human needs, what purpose does it truly serve? The answer lies in transformative action through procurement and supply chain leadership.
The Power of Purposeful Procurement
In a recent episode of The Supply Chain Revolution podcast, I had the privilege of exploring this critical topic with two distinguished thought leaders:
- Mark Perera – Founder of Procurement Leaders and CEO of Vizibl
- Peter Smith – Former CIPS President and renowned procurement expert
Their groundbreaking book, “Procurement with Purpose,” introduces a revolutionary movement that leverages organizational buying power to drive meaningful change across global supply chains.
Key Insights from Our Discussion
1. Transformative Buying Power
Organizations can use their procurement spending to address critical challenges:
- Climate change mitigation
- Social equity advancement
- Economic sustainability
- Supplier diversity enhancement
2. Leading Examples in Action
Several global leaders are already demonstrating the impact:
- Unilever’s sustainable sourcing initiatives
- Bayer’s supplier development programs
- Implementation strategies across the buying cycle
3. Beyond Incrementalism
The time for gradual change has passed. We need:
- Disruptive thinking in sustainable transformation
- Bold action in supplier diversity
- Innovative approaches to development
Practical Implementation Steps
For Supply Chain Leaders
- Assess current procurement practices
- Identify opportunities for sustainable impact
- Develop supplier diversity programs
- Implement purposeful buying criteria
For Organizations
- Align procurement with sustainability goals
- Build capacity for transformative change
- Measure and report impact
- Engage suppliers in sustainability initiatives
Join the Movement
The mystery of human existence lies in finding something to live for. For supply chain leaders, this means creating positive impact through purposeful procurement. Will you join us in transforming business for the better?
Take Action Now
- Pre-order “Procurement with Purpose”
- Connect with the authors:
- Listen to the full discussion on The Supply Chain Revolution podcast