Many are achieving this through the “Impact Purchasing Commitment,” which includes social equity, environmental protection, and economic impact. “Impact Purchasing Commitment” has the ability to help smaller organizations fulfill responsibilities to serve large markets. This helps facilitate healthcare organizations’ responsibilities to their community. It’s imperative to set goals, introduce metrics to measure progress and leverage purchasing power to build healthy, equitable and sustainable economies. In fact, by targeting spend in our communities to address economic and environmental discrepancies, we can positively influence health outcomes. Working closely with suppliers can help tailor them for your needs, which improves overall value for your company and the communities you serve.
For more insights on supply chain resiliency visit our supply chain center.