In late 2020, the Government announced it aimed to commit at least 5% of all procurement contracts from its approximate $42 billion annual spend to Māori businesses. The question for many organisations now is: how can you embed social procurement into your organisation?
Extracting higher returns
Social procurement is about creating additional value out of your purchase of goods or services, whether that is environmental, social or cultural. From finding the right suppliers to making this an integrated part of your procurement process, the task is not small but its potential value is significant.
Our report on 'Tackling the practical realities' shares insights on why now is the time to explore how procurement can provide broader value, with appetite for businesses driving positive change higher than ever, and the foundations of a successful approach. It also explains why social procurement is a critical issue in Aotearoa, whether you're a procurement manager or in the boardroom.
