HOS603 SUSTAINABLE PROCUREMENT | My Assignment Tutor


RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedHOS603SUSTAINABLE PROCUREMENT FORHOSPITALITY & TOURISMWEEK 1 – IntroductionRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedANY QUESTIONS TODAYwww.slido.com #P469Where is everyone joining us from today?ⓘ Start presenting to display the poll results on this slide.RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessMacrovector/freepik, Hello my name is… introduction cards, labels set. Communicated under Creative Commons CCO (otherwise stated Card vector created by macrovector – www.freepik.com), date accessed 05.01.2021RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedA LITTLE BIT ABOUT ME…Teaching-2018 – 2019: Holmesglen Institute (VET & VETIS)2018 – present: William Angliss (Higher Education)Career-2003: Bar Manager(Crown Casino)2006: Venue Manager(Australian Hospitality Management – Geelong)2009: Venue Manager(Colonial Leisure Group – Geelong & Kew)2012: Venue Manager(Australian Hospitality Management – Docklands)2013 – 2018: Owner/Operations Manager(The Noble Experiment)2017 – present: Owner/Distiller(Noble Bootleggers Distilling Co)Academic-2002 – Bachelor of Social Science (Youth Studies)2010 – Diploma of Business2011 – Cert IV Workplace Assessment & Training2019 – Diploma in Hospitality2020 – Master of Sustainability – Regional DevelopmentRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedZOOM ETIQUETTEBE ON TIMESet your alarmLog in a fewminutes early.LIMITDISTRACTIONSFind a quiet placeCheck yoursurroundings.COME PREPAREDCharge your computer,use headphones, turn onyour camera.PRESENTATIONWear appropriateclothes, sit up straight,camera at eye level.MUTE YOURSELFMute yourself whenyou are not speaking.PARICIPATE!Don’t multitask, stayfocused, contribute!CHAT RESPONSIBLYUse chat or slido to askquestions. Watch out forgossip! It may be recorded!SPEAK CLEARLYSpeak into the mic,slow down, takebreaks to check inwith others.SHOW RESPECTPractice goodnetiquette. Listen, berespectful, beconsiderate.RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedWEEK ONE – LECTURE▪ Introduction to the subject & assessment overview▪ What you can expect from this subject▪ Procurement and sustainability / concepts and definitions▪ Overview of procurement function▪ Value generation & Value capturing▪ Factors that influence procurementRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedSUBJECT SUMMARYThis subject will introduce the general principles of procurement and thebenefits for including sustainability in procurement decisions.Students will explore the procurement management cycle, approaches tosupply chain management and the complexities of different distributionmodels.The subject examines the social, environmental, ethical and economicimplications of procurement decision making processes. Students willstudy the alignment of business strategy with the values of sustainableprocurement and Corporate Social Responsibility.RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedINTENDED LEARNING OUTCOMES After successful completion of this subject, students should be able to:Intended Learning Outcome (ILO)Assessment Task1Explain the principles and concepts of the procurement cycle1,32Examine the relationship between business strategy andprocurement decisions2,33Evaluate supplier, products and services selection in relation tosustainable business practices and considerations1,24Analyse the social, environmental, ethical and economic implicationsof procurement decisions on the organisation and the supply chain2,35Identify opportunities to introduce sustainable practices within theprocurement cycle2,3 RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedSUBJECT DELIVERY▪ 12 weeks of lectures▪ 12 weeks of tutorials – Last week for student report consultation(ensure you book a time)▪ This class will be delivered online – there are no physical face to faceclasses.▪ Weekly readingsRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedLECTURE SERIES▪ Introduction to▪ Procurement Concepts & Objectives▪ Basic Sustainability Procurement▪ The Supply chain▪ Strategic Procurement (Understanding organisational needs andaligning it with business strategy)▪ The Triple Bottom Line (TBL), EnvironmentRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedLECTURE SERIES CONTINUED…▪ Social and Ethical Implications▪ Corporate Social Responsibility▪ Product specifications▪ Supplier selection criteria▪ Inventory ManagementRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedTUTORIALS▪ Group activities and research▪ Weekly readings to inform the activitiesRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedTEXTBOOKS AND READINGSThere is no one prescribed text. There are a number of readingsthat are available in the library. We are currently working on havingthe appropriate reading easily accessible.Every week there will be allocated readings in MyWaiGoogle Scholar is also a great resource to find helpful articles too.RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedASSESSMENTS Assessment TaskWordCountWhenAssessedWeighting1Test: Procurement Cycle1 hourWeek 420%2Literature Foundation research review: Annotated Bibliography1,000Week 720%3Strategic purchasing report: Part AOrganisational research. Definitions and context1,300Week 920%Strategic purchasing report: Part BSupplier evaluation and analysis of purchase decisionconsequences. Recommendations2,400Week1240% RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedASSESSMENT DETAIL▪ Go to the SDS and read the requirements for the Assessments▪ Please note that you should be very careful when sharingassessments from previous semesters and years. These assessmentshave either been tweaked OR changed. Additionally new templateshave been added into the SDS to help you complete yourassessments.RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedBASIC QUESTIONS FOR THE FIRST 3-4LECTURES1. What is procurement in general andwhy is it important?2. What is sustainability? An overviewand what it means in the procurementfunction3. What is a supply chain?4. What is a value chain?4. How do they align withorganisation/business needs?5. What is the ‘triple bottom line’ andwhat are the implications procurementworld in general?Stories/Freepik, Mind map concept illustration vector. Communicated under Creative Commons CCO (Idea vector created by stories – www.freepik.com), date accessed 04.01.2021RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedIT’S ALSO A REAL JOBHere are just the trainee activities:Hilton – Supply ManagementProcurement Internshiphttps://www.youtube.com/watch?v=tTqVS7CxwhMFreepik, Man and woman talking internship job concept free vector. Communicated under Creative Commons CCO (Student vector created by freepik – www.freepik.com), date accessed 04.01.2021WITH REAL MONEY TO BE MADE▪ Entry Level Procurement Officer –$64,365 per year approx. $1237per week▪ Procurement Managers – canearn anywhere from $63k- $144kper year 1211 to 2769 per week. Source: Payscale (2021)Of course this is before tax.You would not get all of thismoney directly in yourpocket… it does give yousomething to think aboutVintage vector created by vectorpocket – www.freepik.comRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedPixabay, balloon talk language german males 2557031 3dman_eu 8690. Copied and communicated under Creative Commons CC0 (https://creativecommons.org/publicdomain/zero/1.0/) , https://pixabay.com/en/balloontalk-language-german-males-2557031/, date accessed 18 January 2018What is procurementand why is itimportant?RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedSO LETS START AT THE BEGINNINGBusiness does not exist in isolation.Every business needs input (goods or services) from external suppliers orproviders.On a very basic level this involves purchasing and it is the beginning ofprocurement…… notice I didn’t say procurement is purchasing.RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedNOTE: WHEN YOU START TO RESEARCHTHIS TOPIC YOU WILL FIND THATPURCHASING AND PROCUREMENT AREOFTEN USED INTERCHANGEABLY…RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedDEFINITIONSPurchasing is the paying for an item or service Procurement – an orderly, systematic exchangebetween buyer and seller. It is the process ofobtaining goods and services, including all ofactivities associated with determining the types ofproducts needed, making purchases, receiving,storing, and administering purchase contractsRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedDEFINITIONS CONTINUED▪ Procurement: includes sourcing, selecting,negotiating, purchasing, receiving, storing andissuing, and evaluatingRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedPROCUREMENT DEFINITIONS▪ “Procurement is the business management function that ensureidentification, sourcing, access and management of the externalresources that an organisation needs or may need to fulfil its strategicobjectives” p. 4▪ “Procurement is a pro-active, strategic corporate activity to ensure acontinuing supply of goods and services to enable world-classorganisational performance” p. 5▪ “Procurement manages supply chain risks through the effectivenegotiation of contracts, cost and price models, quality and otheressential supply characteristics” p.5(Feinstein & Stefanelli, 2012)RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedSO, WHAT IS PROCUREMENT?•What is needed?•Who can best fulfill myneeds?Procurementneeds toanswer twofundamentalquestionsRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedLET’S GO BACK TO THE EASY CONCEPT – PURCHASINGPurchasing – procurements heartRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedOBJECTIVES OF PURCHASINGTHE RIGHT QUALITY OF MATERIAL, AT THERIGHT TIME, IN THE RIGHT QUANTITY,FROM THE RIGHT SOURCE, AT THE RIGHTPRICEAt a basic level, the objectives of purchasing are to acquire;RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedTHE PURCHASING CYCLEAdapted from Bailey et al 2015, p8Recognitionof needSpecificationMake or buydecisionSourceIdentificationSourceselectionContracting•ContractManagementPaymentFulfilment ofneedRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedTHEPRICE/COSTICEBERGPriceDeliveryDefectiveWorkSupportTrainingConsumablesDelayInspectionsInventoryCostsHandlingCosts etcPikisuperstar/Freepik, Iceberg infographic concept free vector. Communicated under Creative Commons CCO (Infographic vector created by pikisuperstar – www.freepik.com), date accessed 04.01.2021Visible costsIndirect orhidden costs(Bailey et al, 2015, p26)RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedGOOD TO KNOWThe purchasing cycle is somewhat of an evolution …RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedPROCUREMENTHAS EVOLVED▪ Purchasing (in the past)often stood alone,sometimes referred toas the ‘silo’ approach▪ Basic teaching of thissubject todayemphasizes the needsto integrate procurementinto all parts of thebusiness to besuccessfulPixabay/Vetsikas, Silo, Tower Industry, retrieved on July 10, 2019from https://pixabay.com/photos/silo-tower-industry-storage-3422351/RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedPROCUREMENT’S EVOLUTION30 years agoPurchasing and supply wasconcerned with buying suppliesat the lowest price.Activity was essentially clerical.Little involvement withsuppliers.Reactive.15 years agoPurchasing and supply was stillconcerned with lowest price butaware of other factors affectingprice, such as quality anddelivery.More involved with suppliersand other internal functionsTodayPurchasing and supply isbecoming strategically involvedas purchasing is seen as givingthe organisation a strategicadvantage.Closely involved with suppliersand other activities concernedmore with true ownership costthan price.Devolution of straightforwardbuying activities closer to thepoint of useThe futureApplication of leading-edgeconcepts throughout the supplychain.Value addition displaces costreduction as primary role.Potential of developingtechnology realised.Total customer focus.(Adapted from Bailey et al., 2015 p. 32)RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedSCOPE (WHAT CAN IT INCLUDE)OF PURCHASING▪ To supply the organisation with a flow of materials and services to meetits needs.▪ To ensure continuity of supply by maintaining effective relationshipswith existing sources and by developing other sources of supply either asalternatives or to meet emerging or planned needs.▪ To buy efficiently and wisely, obtaining by ethical means the bestvalue for every dollar spent.▪ To maintain sound cooperative relationships with other departments,providing information and advice as necessary to ensure the effectiveoperation of the organisation as a whole.▪ To develop staff, policies, procedures and organisation to ensure theachievement of these objectivesBaily, Farmer, Crocker, Jessop & Jones (2015)RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedLIMITATION▪ A limitation of the purchasing cycle concept is that it does notnecessarily recognise the strategic contribution made by modernpurchasing.▪ AND cutting costs is no longer enough.▪ Businesses now need to focus on relationship to end-marketperformanceRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedONWARDS TO PROCUREMENT▪ Successful purchasing needs to be proactive▪ Contributes at both a strategic and an operational level▪ This cycle has evolved into PROCUREMENT▪ Labour and overheads are decreasing (internal) and organisations areincreasingly having to source resources external to the company.▪ Relationships and networks need to be developed.RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedDEVELOPMENT OF RELATIONSHIPSDevelopment of ‘mutual’supplier-buyer relationships,where the benefits of doingbusiness arise from ideas ofsharing as well as exchangingEspecially true for technology Has become quite complex!RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedSPEND INCREASINGLY EXTERNAL▪ Businesses are increasinglyspending less money internally onwages and overheads and moreon external costs.▪ This means that businesses areincreasingly needing to know moreabout what happens in thebusinesses they are purchasingfrom.Macrovector/Freepik, Estate tax composition Free Vector. Communicated under Creative Commons CCO (Background vector created by macrovector_official – www.freepik.com), date accessed04.01.2021RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedMODERN SLAVERY – TRANSPARENCYModern Slavery Act 2018▪ The Australian Parliament passed the Commonwealth Modern Slavery Act 2018 (theAct) on 29 November 2018. The Act established a national Modern SlaveryReporting Requirement (Reporting Requirement) and entered into force on 1 January2019.▪ This Reporting Requirement applies to large businesses and other entities in theAustralian market with annual consolidated revenue of at least AUD$100 million.▪ The Reporting Requirement supports the Australian business community to identifyand address their modern slavery risks, and maintain responsible and transparentsupply chains.▪ Entities required to comply with the Reporting Requirement must prepare annualModern Slavery Statements.▪ These statements must set out the reporting entity’s actions to assess and addressmodern slavery risks in their global operations and supply chains. The AustralianGovernment will make these statements publicly available through an online centralregister.https://www.homeaffairs.gov.au/criminal-justice/Pages/modern-slavery.aspxRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedORGANISATIONS OF ALL SIZES!!▪ Procurement is a vastly complex subject and there are many elementsassociatedRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedOPERATIONAL SIZEINFLUENCES THECOMPLEXITY OF THEBUSINESSTHE SPECIALITY OF THEPROCUREMENTFUNCTIONTHE EXTERNALPRESSURES ON THEORGANISATIONHOW MANYSTAKEHOLDERS AREINVOLVED IN DECISIONMAKINGWE CAN INFER FROMTHE SIZE OF THE ORG,SOME IMPORTANTTHINGSRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedORGANISATIONS OF ALL SIZES!!Regardless of size, all organisations must procure products and/or services inorder to survive.RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedELEMENTSINSOURCINGResearchorganisation needs& stakeholdersAnalysis marketdynamicsCreate PurchaseSpecificationsSupplier SelectionCriteriaMenu Planning &Recipe CostingManage supplierperformanceRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedELEMENTS INSUPPLIERMANAGEMENTCYCLESRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedINVENTORY MANAGEMENT▪ When you buy goods (andpotentially services) … thenwhat happens to them?INVENTORYMANAGEMENTGoodsreceivingproceduresStoragepolicies andproceduresRequisitionsand IssuingInventorycontrol &securityOrderingproceduresRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedPROCUREMENT MANAGEMENTGood Procurement Management is about:▪ Value generation and value capturing▪ Maximizing profitability▪ Obtaining the best goods for the best priceRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedSUSTAINABLE PROCUREMENTWHERE DOES SUSTAINABILITYFIT IN WITH THIS MODEL?WHAT DOES ‘SUSTAINABLE’MEAN TO YOU?What does sustainability mean to you?ⓘ Start presenting to display the poll results on this slide.RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedPixabay, balloon talk language german males 2557031 3dman_eu 8690. Copied and communicated under Creative Commons CC0(https://creativecommons.org/publicdomain/zero/1.0/) , https://pixabay.com/en/balloon-talk-language-german-males-2557031/, date accessed 18January 2018What is sustainabilityand why is itimportant toprocurement?RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedOTHER RESOURCES▪ Sustainable procurement – An Introduction (UK)▪ https://www.youtube.com/watch?v=kThQMWj7AQs▪ Sustainable Procurement Education – Training▪ https://www.youtube.com/watch?v=t1P3lXP7iXYRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedSUSTAINABLE PROCUREMENT MANAGEMENTIS CONCERNED WITH…Value generation and valuecapturingMaximizing profitability Obtaining the right goods forthe right price from the rightsource with the right impactRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedSUSTAINABILITY“a paradigm for thinking about a futurein which environmental, societal, andeconomic considerations are balanced inthe pursuit of development and improvedquality of life”(McKeown, 2002, p. 8)RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedSUSTAINABLE DEVELOPMENT“development that meets the needs ofcontemporary generations without sacrificingthe ability and the opportunity of futuregenerations to meet their needs”(World Commission on Environment and Development, 1987)RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedImage source: UN.orgRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedFreepik, eco tourism landing page free vector. Communicated under Creative Commons CCO (Travel vector created by freepik – www.freepik.com), date accessed 05.01.2021“Sustaining the tourism industry” means maintainingviability in an area for an indefinite period of time”“Sustainable development within the tourismindustry”SUSTAINABLE IN OUR INDUSTRYRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedDEFINING SUSTAINABLE PROCUREMENTUK Sustainable Procurement Taskforce in the report Procuring theFuture formally defines SP as:… a process whereby organizations meet their needs for goods, services, works andutilities in a way that achieves value for money on a whole life basis in terms ofgenerating benefits not only to the organization, but also to society and the economy,whilst minimising damage to the environment … (DEFRA 2006, p10)RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedAN INTERNATIONAL STANDARDAS ISO 40200“Sustainable procurement is the process of makingpurchasing decisions that meet an organization’s needsfor goods and services in a way that benefits not only theorganization but society as a whole, while minimizingits impact on the environment. This is achieved byensuring that the working conditions of its suppliers’employees are decent, the products or services purchasedare sustainable, where possible, and that socio-economicissues, such as inequality and poverty, are addressed”.Source: (International Organisation for Standardization [ISO], 2017)RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedCORE SUBJECTS OF SUSTAINABLEPROCUREMENTOrganisationalgovernanceHuman rights LabourpracticesTheenvironmentFair operatingpracticesConsumerissuesCommunitydevelopmentRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedINTEGRATING SUSTAINABILITY INTO SOURCING PROCESSPlan a sustainablesourcing strategyIntegrate sustainabilityrequirements into thespecificationsSelect SustainableManaging the Contract SuppliersReview & Learning fromthe contract by evaluatingand improvingsustainability performanceSource: Standards Australia Limited, 2018, p. 24RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedThe triple bottomline.What does thismean inprocurement?This is now ourdiscussion for therest of semester …RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedWE LOOK AT A RANGE OF ELEMENTS OVER THESEMESTER … WeekTopicWeekTopic1Introduction7CSR2Supply Chains8Product Specs3Strategic Procurement9Supplier selection4Test10Inventory Management5Environment11Inventory Management6Social & Ethical12Best practice recap Audience Q&A Sessionⓘ Start presenting to display the audience questions on this slide.RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedREFERENCES▪ DEFRA. 2006. Procuring the Future – The Sustainable Procurement Task Force National Action Plan. London:Department of Environment, Food, and Rural Affairs. Date accessed 1.10.2018,https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/69417/pb11710-procuring-the-future-060607.pdf ▪Department of Foreign Affairs and Trade, Services and Digital Trade, Australian Governmenthttps://dfat.gov.au/trade/services-and-digital-trade/Pages/the-importance-of-services-trade-to-australia.aspx ▪ Feinstein, A., & Stefanelli, J.M. (2012). Purchasing: selection and procurement for the Hospitality industry. (8th ed).Hoboken, N.J.: John Wiley & Sons ▪International Organisation for Standardization. (2017). Sustainable Procurement (ISO 20400) . Retrieved fromhttp://blog.apastyle.org/apastyle/2017/01/how-to-cite-quality-standards-and-guidelines-in-apa-style.html ▪ Payscale. (2020). Average Entry-Level Procurement Officer Salary in Australia. Retrieved 04.01.2021 fromhttps://www.payscale.com/research/AU/Job=Procurement_Officer/Salary/2fdddf55/Entry-Level ▪McKeown, R. (2002). Education for Sustainable Development Toolkit, 2002, 8. Retrieved fromhttp://www.esdtoolkit.org/esd_toolkit_v2.pdf ▪ United Nations nd, Sustainable Development Goals (SDGs) and Disability, PNG, date accessed 05.01.2021,.▪ Zizka, L,. (2017) Hospitality Students’ Perceptions of Ethics, Corporate Social responsibility, and Sustainability, TheInternational Journal of Learning in Higher Education, 24(4), 1-12. Doi.org/10.18848/2327-7955/CGP/v24i04/1-12Copyright all text and images William Angliss Institute unless otherwise stated 64RTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedPICTURESCopyright all text and images William Angliss Institute unless otherwise stated▪ Vintage vector created by vectorpocket – www.freepik.comRTO No: 3045 CRICOS Provider No: 01505M HEP 9534 | Copyright all text and images William Angliss Institute unlessotherwise statedEND OF WEEK ONE LECTUREThanks for listening!

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