Green Answers For Sourcing Executives

A panel discussion at Forrester's IT Forum EMEA revealed just how far green issues have risen up the corporate agenda and how much sourcing professionals need to do to keep abreast of these questions. Smart sourcing executives will take a cost-based approach to environmental policy rather than undertaking a wooly PR initiative to appease the board. Price always plays a key role in shaping sourcing policy, but now sourcing executives need the tools and processes to figure out what the "green price" actually is for the products or services procured. Informed pricing assessments, reflecting total life-cycle costs against a backdrop of energy costs, government regulation, and corporate commitment toward carbon neutrality, will underpin sourcing's role and crucial expertise in helping the rest of the business align itself with a corporate environmental agenda.