Supply chains should add value

The true cost of producing and consuming energy has not been fully loaded. If people accept this posit, by extension, they must consider that the costs of the goods and services that derive from the current energy sources and resources have been understated and will need to be revised. The lifestyle costs of the developed world may be at the expense of the developing world. The new business model will absolutely challenge what has been the norm. The progression of philosophical beliefs and values continues to cause reflection on how they conduct themselves, treat animals, deal with the misfortunate in society, or consume resources. It is imperative that sustainability and corporate social responsibility gain legitimacy in all business practices and operations. Social procurement objectives are developed for the communities which they serve. The objectives for Toronto will be different from Vancouver, Edmonton, or Nunavut. Procurement principles will be common while social procurement initiatives will support local strategies.