Question

How can the Ethic and Sustainable Sourcing reduce Cost, Reduce Delivery Circle and Reduce Carbon footprint.

How can the Ethic and Sustainable Sourcing reduce Cost, Reduce Delivery Circle and Reduce Carbon footprint.

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Answer #1

Ethical and sustainable sourcing helps in maintain standards to the material we use. It helps in avoiding purchase of new material whenever there is some issue with the norms being followed . Also having sustainable material helps in using it for a long time and hence it reduces costs of purchase for the firm. When we use ethical sourcing it means we are using environment friendly material which can be recycled and reused which saves both cost and delivery circle . Also this environment friendly material reduces the release of carbon dioxide into the atmosphere and also reduced pollution caused due to the production activites which reduces the carbon footprint.

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