Sustainable procurement has become a pivotal strategy for corporate organizations worldwide, driven by a growing awareness of environmental, social, and economic responsibilities. In the Gauteng region of South Africa, where small and medium enterprises (SMEs) play a significant role in the local economy, the incorporation of these businesses into corporate supply chains has gained prominence. This abstract provides an overview of the research into sustainable procurement practices for corporate organizations in Gauteng, focusing on the integration of SMEs through competitive global strategies.
This study aims to explore the multifaceted aspects of sustainable procurement and its implications for corporate organizations operating in Gauteng. It investigates the challenges and opportunities associated with incorporating SMEs into supply chains, emphasizing the need for competitive global strategies to ensure the sustainability and growth of these businesses. Key themes that will be explored include:
- Sustainable Procurement Frameworks: A review of existing sustainable procurement frameworks and their applicability within the context of Gauteng's corporate landscape.
- SME Integration: An examination of the barriers and facilitators to SME incorporation, emphasizing the importance of building capacity and fostering collaboration.
- Global Competitive Strategies: Analysis of global competiti0ve strategies, such as global sourcing, supplier collaboration, and innovation, to enhance the competitiveness of both corporate organizations and SMEs.
- Environmental and Social Responsibility: Discussion of the role of sustainable procurement in promoting environmental sustainability and social responsibility, with a focus on the Gauteng region.
- Economic Impact: Evaluation of the economic impact of sustainable procurement practices on both corporate organizations and SMEs, considering long-term growth and resilience.
- Policy and Regulation: Exploration of the regulatory environment and policy frameworks that influence sustainable procurement practices in Gauteng.
By conducting empirical research and engaging with corporate leaders, SME owners, and key stakeholders, this study seeks to provide insights into effective sustainable procurement strategies tailored to the Gauteng context.