How do you assess the circularity potential of your suppliers?

由人工智能和领英社区提供技术支持

Circular economy is a system that aims to eliminate waste and keep resources in use for as long as possible. As a supplier manager, you need to assess the circularity potential of your suppliers, or how well they align with the circular economy principles and practices. Here are some steps you can follow to evaluate your suppliers' circularity potential and identify opportunities for improvement.

在这篇协作文章中查找专家回答

由社区从 4 条内容中精选。了解更多

1 Define your circularity goals

Before you start assessing your suppliers, you need to define your own circularity goals and expectations. What are the environmental, social, and economic benefits you want to achieve by adopting circular economy strategies? How do you measure your circularity performance and progress? How do you communicate your circularity vision and requirements to your suppliers? Having clear and realistic goals will help you set the criteria and indicators for your supplier evaluation.

添加您的观点

Malathi Parthasarathy

Supply Chain Product Management Executive | Retail CPG Product Advisor | Swiftie
举报内容
Identify key circular economy principles: Determine which aspects of circularity are most relevant to your business (e.g., reuse, repair, recycling, remanufacturing). Set clear targets: Establish quantitative and qualitative goals for your supply chain's circularity performance.

已翻译

赞

2 Conduct a circularity audit

A circularity audit is a process of collecting and analyzing data on your suppliers' circularity practices and impacts. You can use various tools and methods to conduct a circularity audit, such as surveys, interviews, site visits, life cycle assessments, material flow analysis, and circularity indicators. The purpose of a circularity audit is to understand how your suppliers manage their resources, products, and waste, and how they contribute to the circular economy goals.

添加您的观点

Malathi Parthasarathy

Supply Chain Product Management Executive | Retail CPG Product Advisor | Swiftie
举报内容
Red Flags: Overreliance on self-reported data: While surveys and interviews are valuable, solely relying on self-reported data can lead to inaccurate assessments. Verification through independent audits or third-party certifications is crucial. Lack of standardization: Without standardized methodologies and metrics, comparing circularity performance across suppliers becomes challenging. Adopting industry-recognized frameworks can help ensure consistency. Limited scope: Focusing solely on direct suppliers might overlook the broader supply chain impacts. A holistic approach that includes indirect suppliers and downstream activities is essential for a comprehensive assessment.

已翻译

赞

3 Compare and benchmark your suppliers

After conducting a circularity audit, you need to compare and benchmark your suppliers based on the data you collected. You can use different approaches to compare and benchmark your suppliers, such as scoring, ranking, categorizing, or clustering. The aim is to identify the strengths and weaknesses of your suppliers, and to recognize the best practices and the gaps in their circularity performance. You can also use external benchmarks and standards, such as the Circular Economy Performance Assessment (CEPA) tool, to compare your suppliers with other organizations in your industry or sector.

添加您的观点

Malathi Parthasarathy

Supply Chain Product Management Executive | Retail CPG Product Advisor | Swiftie
举报内容
Develop a Supplier Assessment Framework Create a circularity questionnaire: Develop a questionnaire to assess suppliers' knowledge, practices, and commitments to circular economy principles. Identify key performance indicators (KPIs): Select metrics that measure supplier circularity performance, such as material recovery rates, energy efficiency, or waste reduction. Weight KPIs: Assign weights to different KPIs based on their importance to your business and circularity goals.

已翻译

赞

4 Engage and collaborate with your suppliers

Once you have compared and benchmarked your suppliers, you need to engage and collaborate with them to improve their circularity potential. You can use various strategies to engage and collaborate with your suppliers, such as feedback, dialogue, training, incentives, contracts, or partnerships. The goal is to build trust and mutual understanding with your suppliers, and to support them in implementing circular economy solutions and innovations. You can also leverage your suppliers' networks and capabilities, and create synergies and value across your supply chain.

添加您的观点

5 Monitor and review your suppliers

The last step in assessing your suppliers' circularity potential is to monitor and review their performance and progress over time. You can use various tools and methods to monitor and review your suppliers, such as reports, audits, indicators, dashboards, or certifications. The objective is to track and measure the outcomes and impacts of your suppliers' circularity actions and initiatives, and to evaluate their alignment with your circularity goals and expectations. You can also use the monitoring and review process to identify new opportunities and challenges, and to adjust your circularity strategies and plans accordingly.

添加您的观点

6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

添加您的观点

Malathi Parthasarathy

Supply Chain Product Management Executive | Retail CPG Product Advisor | Swiftie
举报内容
Exceptions in circularity audits can vary depending on factors such as supplier size, industry specifics, and data availability. Smaller suppliers might require less complex assessments compared to larger ones. Industries face unique circularity challenges, necessitating tailored audit approaches. Data limitations may necessitate additional research or estimations to ensure accurate results.

已翻译

赞

Supplier Evaluation

+ 关注

给文章评分

我们借助人工智能创建了此文章。您认为这篇文章怎么样？

很棒不太好

举报此文章

查看全部

How do you assess the circularity potential of your suppliers?

1

2

3

4

5

6

1 Define your circularity goals

2 Conduct a circularity audit

3 Compare and benchmark your suppliers

4 Engage and collaborate with your suppliers

5 Monitor and review your suppliers

6 Here’s what else to consider

Supplier Evaluation

给文章评分

感谢您的反馈

更多Supplier Evaluation相关文章

更多相关阅读内容