Smart Procurement: Reducing Waste Through Buying Power

//Smart Procurement: Reducing Waste Through Buying Power
Smart Procurement: Reducing Waste Through Buying Power2018-05-01T16:55:45+00:00

Project Description

Oct. 8, 2015

Smart Procurement: Reducing Waste Through Buying Power

Improving environmental performance and reducing costs are two pivotal objectives for any organization. By instituting an effective procurement program, organizations can choose products and packaging that are simple for customers, tenants, and management to manage; at the same time, leverage commodity values, drive down costs, and reduce liability.

On Oct. 8, 2015, Recycling Council of Ontario (RCO) hosted the second of its Knowledge Sessions series, which invited candid dialogue among invited guests and the audience on making purchasing decisions that moves innovation and sustainability forward.

Panel Discussion

  • Request for Proposal (RFP) process must be more conducive to flexibility of service and future innovation and new technologies.
  • Decrease in waste disposal and increase in recycling has complicated the waste management services industry.
    • Instead of bulk of materials sent to landfill, the opposite is occurring.
    • With the growth of material diversion, service providers must be able to adapt their business model by offering to divert a rising variety of materials and being a committed partner to find diversified solutions that may be offered by others.
  • Procurement specialists should rely on technical professionals to assess a company’s waste management services, conduct or review a recent waste audit, and provide an unbiased opinion of what should be included in an RFP before it goes to market.
  • For national organizations, identifying common vendors that can provide similar service across the country makes performance tracking and reporting easier.
  • Leadership is important to push for better results and empowers those tasked with procurement to ask more from service providers. Relationship management is key so that an honest conversation can occur around meeting the growing sustainability-related needs of a company, even if it requires changes.
  • Overarching sustainability commitments do not help procurement specialists. Specific sustainability objectives should be included for the kind of produce and/or service the RFP is written for. To include innovation in an RFP or contract, add a section that requires your service provider to provide periodic updates on new markets and/or technologies that could be of interest to the client. This can be done annually or every few years.

Knowledge Sessions 2015 Series Sponsor