The 7th right

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The new urgency of buying in the right way

As consumers and their proxies (shareholders and boards) gradually recognise the value of a socially responsible supply chain, they will demand a more transparent buying process to give them greater certitude over buying outcomes and the confidence to buy more conscionable choices. In other words, they will be able to use procurement process as an instrument of policy – even as policy needs vary.

Increasingly, purchasing in the right WAY is such a growing concern for stakeholders that it can be considered the The 7th Right of the procurement essentials.

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