Question

4. What are the major benefits of sustainable purchasing/sourcing for the company?

lonza company

Answer 1

​​​​​​Sustainable procurement refers to the process of buying, acquiring and availing the goods and services for the working and manufacturing in your organisation considering the factor if environment and the development of the society as well. As the environmental hazards are increasing, the Lonza company has also taken initiatives to create a sustainable purchasing decision to help nourish the environment too. The benefits for the same are:

• long-term efficiency savings: One can see a long term efficiency and cost reduced saving by proclaiming the sustainable procurement. By using the natural resources and using them with the least wastage possible methods and ways, that would not only provide both effectivity and efficiency to the organistaion but also the reduced cost analysis too.
• more efficient and effective use of natural resources: Natural resources would be effectively used by the organisations using a sustainability purchasing decision. Resources would be used in the least manner, which would result in less exploitation of resources and more market opportunities as goodwill would also be increased.
• reducing the harmful impact of pollution and waste: At last, the main benefit from it would be the reduced harmful impacts to the pollution and environment as well. Organisations using this concept generate less waste, more efficiency and practice clean operational methods which would not only make the environment better, but also the culture and people of the organisation too.