Green procurement refers to the purchase of goods and services that cause minimal adverse environmental impact. The demand for recyclable products, energy-efficient systems, and clean technology and fuels, is driving the adoption of ecologically responsible business practices. In green procurement, an enterprise is concerned more about the environmental impact of its purchasing decision than the cost of goods and services.
Green procurement considers a product’s environmental impact throughout its life cycle.
Considered a component of sustainable procurement, green procurement also aligns with an enterprise’s corporate social responsibilities. Read more to learn about GEP’s procurement software and procurement outsourcing services.
GEP SMART is an AI-powered, cloud-native source-to-pay platform for direct and indirect procurement. GEP SMART offers comprehensive source-to-pay functionality in one user-friendly platform, inclusive of spend analysis, sourcing, contract management, supplier management, procure-to-pay, savings project management and savings tracking, invoicing and other related functionalities.
GEP NEXXE is a uniﬁed and comprehensive supply chain platform that provides end-to-end planning, visibility, execution and collaboration capabilities for today’s complex, global supply chains. Built on a foundation of data, artiﬁcial intelligence and cognitive technologies, GEP NEXXE helps enterprises digitally transform their supply chains and turn them into a competitive advantage.