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Considering the circular economy aspects when long-listing the suppliers
What is the present capability of the supply market to meet or exceed your sourcing needs and the required circular economy criteria?
How early can you engage your potential suppliers to understand their intent and preparedness to meet your circular requirements?
Can you consider the following aspects?
New technologies, alternative goods or services and new business models.
Existing supplier capabilities.
Available reverse logistics structures.
Circular economy maturity of the market.
Existence of local suppliers and/or partners with local economic impact.
Certification system like ISCC to certify the whole chain of custody.
The impact extraction, production, and transport has on climate.
CASE EXAMPLE (TBC)