It is not possible to be a sustainable business without having sustainable partners.ĭSM's buy.SMART program aimed to not only achieve cost savings but also digitize and automate procurement transactions to align its spending on indirect goods and services with its sustainability and supplier diversity policies. This was essential for the company to create truly sustainable end products. To support these goals, DSM implemented a transformation of its global, indirect sourcing and buying operations. This includes transitioning to a net-zero economy, fair supplier arrangements, and ensuring adequate access to healthy food for all. As a result, the company learned several valuable lessons that can be applied by other organizations looking to transform their procurement practices in a sustainable manner.ĭSM has set ambitious sustainability goals, which include making a positive impact on people, the planet, and communities through its "purpose-led, performance-driven" strategy. Royal DSM utilized SAP Business Network and SAP Ariba solutions to enhance the sustainability of its global indirect procurement. Recognizing the importance of strategic procurement, Dutch chemical company Royal DSM - a global, purpose-led leader in health and nutrition, applying bioscience to improve the health of people, animals, and the planet - embarked on a global procurement transformation.
SAP, Tuesday, April 11, 2023, Press release picture
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