ABSTRACT

Over the last decade, purchasing has transformed from an administrative function to a strategic one. It's no longer enough to get the product on time and at the cheapest possible price. Now purchasing has become integral to managing waste, protecting product claims and managing the entire supply chain. Just-in-time manufacturing requires more intimate relationships with a smaller number of suppliers. Customer requirements are driving the need to know what is in the product. Public and shareholder expectations drive buyers to investigate the labour and human rights practices of their vendors. So purchasing today is key to efficiency, competitiveness and image. This chapter explores how these drivers relate to sustainability in more depth.