Profit People Planet

The contract award Well negotiated The selected supplier The chosen supplier may use
contract can help to may create jobs or environmentally friendly
control costs and provide training materials or processes
ensure that the opportunities for local
organisation gets the residents
best value for its
money

Supplier appraisal By working with By choosing a supplier Ensure that the supplier
process suppliers that are who has good labour follows the applicable
efficient and have practises and treats environmental regulations
good environmental their employees fairly, and also ensure that the
practices, also it provides high supplier has lower emissions
organisations can quality products and or uses renewable energy
reduce their costs and services to customers sources
increase their profits

Record keeping Helps identify areas Maintaining records of Thus helps track on the
where costs can be vendors interactions, amount of paper being used
reduced by tracking the organisation may in vendor interactions since
the amount of time deal with any issue now most records are stored
spent on vendor that may arise with and accessed digitally and
interactions they ease since decisions there is reduction in the
identify ways to are made quickly and amount of energy used to
streamline the process effectively leading to a print, copy and file
and save money and it more positive working
helps ensure that they environment and
are paying the right better morale among
amount and not employees
overpaying

Inspection and If all received items Helps avoid costly Organisations may avoid
receiving of goods or meet the organisation's returns and keeps waste, if a product is found
services specifications, it employees safe from defective it is returned to the
avoids costs of returns hazardous products. supplier instead of being
or replacements. It can sent to the landfill
also identify any
damage or defects and
take appropriate action

Inviting tenders Allows organisations Creates competition May include environmental

to compare prices and for jobs, which leads criteria in their tender
quality from multiple to high wages and documents such as
vendors, helping them better conditions for requirement that vendors use
get the best value and employees helps sustainable practises in their
leading to low costs attract talented production processes
and high profits workers