ISO 20400:2017 is an international standard that provides guidelines for integrating sustainability within procurement processes. It applies to organizations of all sizes and sectors and is designed to help businesses achieve sustainability objectives, improve risk management, and enhance long-term economic performance. The standard emphasizes the importance of considering environmental, social, and economic impacts in procurement decisions, thereby promoting responsible and sustainable supply chain practices.
- Comprehensive Risk Management Approach
- Improved Decision-Making
- Enhanced Risk Awareness and Culture
- Proactive Risk Identification and Mitigation
- Improved Stakeholder Confidence
- Regulatory Compliance
- Business Continuity and Resilience
- Continuous Improvement
Benefits of Implementing ISO 20400:2017
- Enhanced Corporate Reputation
- Risk Mitigation
- Cost Savings and Efficiency
- Compliance with Regulations
- Innovation and Market Opportunities
- Strengthened Supplier Relationships
INBENSO Business Solution Methodology
Our specialist Business Solutions offer comprehensive consultancy services based on the ISO 20400 standard. Our team of experts assists organizations in adopting and integrating sustainable procurement practices, enabling them to establish robust procurement systems. Through our tailored consultancy approach, we help organizations optimize their procurement processes, enhance sustainability, and drive continual improvement.
- Development of Project Plan
- Formation of Project Team – Consultant & Client
- Gap Analysis
- Process Mapping and Management System Development
- Awareness & Internal Auditor Training
- Management System Implementation Assistance
- Internal Audit and Management Review Assistance
- Certification Audit Assistance
- Continual Improvement & System Maintenance Assistance
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