Buying with Impact
Buying with Impact
Buying with Impact: our online course for corporate managers
Reimagine your procurement strategy with our Buying with Impact series. Designed for corporate leaders and procurement professionals, this series equips you with the tools, strategies and insights to turn purchasing decisions into powerful levers of social and environmental impact. Learn what a social enterprise is, how to source them and integrate them into your value chain. Tested by 50+ corporate managers across Europe and adopted in dedicated training programs at three multinational companies, the course has achieved an NPS of 75%.
Chapters Overview
Introduction to Social Procurement
This chapter introduces the fundamentals of social organisations and social procurement, emphasising its growing importance in transforming supply chains. It explores key concepts, real-world collaborations, and expert insights to highlight the impact and integration of social procurement in various business models.
Strategic Relevance of Social Procurement
Explore the strategic relevance of social procurement in procurement and supply chain management, and understand how it integrates with broader business strategies. Discover why companies are embracing purpose-driven initiatives, shifting from risk mitigation to driving positive impact.
Benefits of Social Procurement
This chapter highlights the tangible benefits that social procurement can bring to your organisation. Discover key strategies for gaining internal buy-in, leadership support and challenging common misconceptions.
Meet Social Entrepreneurs
Gain insight into social procurement from the supplier’s perspective and get to know the diverse landscape of social organisations. Learn about the impact they create, the challenges they face in procurement partnerships, and explore real-world examples of successful collaborations.
Designing a Social Procurement Strategy
Build a strong foundation for your social procurement strategy by learning how to set goals, select procurement categories, and establish effective governance. Discover how to develop policies and connect with diverse suppliers, supported by examples of successful sustainable procurement strategies from other companies.
Sourcing and Evaluating Social Enterprises
Learn cross-industry best practices for identifying social suppliers and understand the essential role of intermediaries in social procurement success. Gain a clear definition of social enterprises, discover effective communication strategies and key questions to guide your supplier selection process.
Building a Social Procurement Process
This chapter provides a step-by-step approach to adapting your supplier evaluation and contract processes, while fostering empathy for the challenges faced by social suppliers. Learn how to increase transparency, offer reliable points of contact, incorporate social value into selection, and adapt payment terms.
Growing with your Suppliers
Explore effective strategies for balancing volume expectations with feasibility in social procurement. Discover IKEA’s approach to partnering with social enterprises and learn from examples of companies successfully co-developing products with their social suppliers.
Impact Measurement and Communication
Develop a framework for evaluating the impact of social enterprises and learn how to effectively communicate their impact within your organization. Understand the importance of social impact measurement and discover tools like the Theory of Change and YSB’s Impact Classes Matrix.
Corporate Social Innovation
Uncover new forms of social collaboration beyond procurement that can boost corporate innovation and advance your strategic goals. Explore diverse collaboration models with social enterprises, dive into social intrapreneurship, and gain practical tips for shaping your social innovation journey.