Circular procurement is an important tool in the pursuit of a circular economy. Within it, you repurpose products, components and materials in the best way possible. As a result, they retain their value in closed cycles.
The circular economy is important as high-value raw materials are becoming increasingly scarce and will eventually become depleted. As such, it’s important to minimise use of raw materials, and make products and materials more reusable.
In circular procurement, an organisation focuses on optimising the flow of raw materials. There are three ways of doing this:
This all contributes to the lowest possible impact on the environment.
There are two types of circularity:
Solid agreements are very important in circular procurement. Being circular is not just about a one-off purchase now, but about commitments for the future as well. Consider agreements on maintenance, returns and return value. These are essential to creating a true circle – one that does not stop the moment you purchase.
Circular procurement is a process that affects various people in the organisation. It is definitely not just a matter of purchasers! A better description might, therefore, be circular commissioning. Click one of the buttons below to discover what your role is in this process.
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