The true importance of corporate social responsibility (CSR) shines when incorporated into a company’s day-to-day processes.
Many areas of an organization can be easily changed or improved to make a positive impact on society and the environment, procurement is one of them.
With re-open.com’s eProcurement tool, the Smart Analytical Model (SAM), procurement is made more sustainable and more socially responsible.
SAM builds tailored product recommendations, determining the optimal type and quantity of health and safety products and accessories by interpreting thousands of pages of regulations.
SAM can be used as a green procurement tool, predicting exactly what organizations need to safely re-open and stay open while ensuring compliance to government standards and significantly reducing waste.
During the pandemic, there has been an influx of new product requirements, such as masks and sanitizing stations. Unfortunately, that surge in demand was accompanied by an influx of non-compliant products that are ineffective and over-priced.
SAM provides optimal recommendations integrated with a secure and vetted supply chain. Additionally, SAM reduces waste by lowering the number of products that remain unused and eliminating products that are unfit for the workplace.
Lower your carbon footprint
SAM’s integrated supply chain includes local suppliers local from a variety of areas. When using SAM, organizations can choose to prioritize these local suppliers for product procurement, thus reducing their carbon footprint.
Beginning with raw materials sourced from one country, manufactured and assembled in another, and then shipped to a customer in a final country; the standard lifecycle of a single product can see it travel across the world multiple times.
When reducing the impact your organization is having on the climate, it is important to buy local, looking for products that have traveled the least distance.
SAM’s supplier priority choice feature ensures organizations can reduce their carbon footprint through local procurement.
Support social enterprises
Women and Minority-owned Business Enterprises (WMBE) and Service-Disabled Veteran-Owned Small Businesses (SDVOSB) suppliers are a critical and large portion of the integrated SAM supply chain.
Using SAM, businesses can choose to prioritize WMBE or SDVOSB businesses, supporting their growth and making a positive impact on the livelihood of their business.
re-open.com vets their suppliers to the highest industry-recognized standards, so SAM users can be assured they are procuring from certified WMBE and SDVOSB.
More money in the budget
re-open.com's regulatory and finance experts estimate the public education system wastes over $19 billion through ineffective procurement, with over $4.4billion lost through buying equipment that is not required by regulation and guidance, and over $14.6 billion by buying equipment that is not off state contract pricing.
That excess spend could be used to pay roughly 300,000 full-time teachers for a year or build over 500 schools from scratch.
Reducing excess spending in any industry frees up an organization’s budget to focus on more important things, including projects which align with an organization’s CSR.
Excess spending can be repurposed to support green initiatives in the workplace or donated to support the welfare of society. Acting on this, re-open.com donates $1,000 from every SAM license sold to Donors Choose and the Special Operators Transition Foundation.
Find out more about SAM here.
About Corporate Social Responsibility
Corporate social responsibility, or CSR, is the responsibility organizations hold to be aware of the impact of their activity on society and the environment. CSR aims to make organizations more ethical, transparent, lawful, and consistent with behavior norms in their contribution to sustainable development, including health and the welfare of society. Efforts should be integrated and implemented throughout the organization.