The Benefits of Applying the Green Purchasing

Abstract

Research background: Globalisation brings both opportunities and challenges. It affects relationships in various areas of business, including the wood processing industry. The EU seeks to make the most of globalisation for citizens and businesses while reducing its negative effects. Green purchasing is one of the tools that helps to eliminate the negative effects of globalisation. To increase the competitiveness in the wood processing industry through green purchasing is not only about reducing the direct environmental impact of business activities but also about bringing social and health as well as economic and political benefits. Green purchasing is intelligent purchasing, which increases the efficiency of procurement of goods and services with the lowest possible negative impact on the environment and thus replaces goods or services that would be purchased by default to perform the same function but with a worse impact on the environment. Purpose of the article: The aim of this paper is to determine the benefits of applying green purchasing in wood processing companies. By identifying the internal and external environment, it is possible to determine the benefits of green purchasing in terms of economic, environmental, political, and social and health aspects. Methods: Using the methods of expert estimation, SWOT analysis and Fuller’s triangle, the paper evaluates the benefits of green purchasing, and defines appropriate measures with possible strategies for its application in the wood processing industry. Findings & Value added: The main economic benefit is the reduced costs, social is the education of employees, and ecological benefit is the protection of forest resources.

Analysis Regarding the Implementation of the Circular Economy in Romania

“…Public procurement represents about 14% of the EU's gross domestic product [17] and its orientation towards environmentally friendly products generates an impact on the area of production and consumption [18]. If this important sector with important acquisitions and desired as a commercial partner by many industrial branches imposes certain quality conditions, including in terms of environmental impact, this may cause changes in the design of products and their manufacturing technologies [18,19].…”

<b>Accelerating Firm’s Operational Performance through GSCM Practices and Lean Management: A Case of the Textile Sector of Karachi</b>

“…Further, the extension of green purchasing to consumers can alter their buying habits and patterns towards more eco-friendly patterns that can further promote the environmental performance of firms by extending the firms-customer bonding (Davari et al, 2017). Green purchasing refers to strategic purchasing which results in the benefits of procuring goods and services that have minor or little to no unfavorable effect on the environment and replaces those goods and services that are bought for the same purpose but used to damage the environment (Slastanova et al, 2021).…”

Understanding the Green Procurement Behavior of Household Appliance Manufacturing Industry: An Empirical Study of the Enablers

“…To reduce environmental pollution, enterprises have started producing green products [ 11 ]. As the primary link in green product production, green procurement can improve the procurement efficiency of goods and services, reduce the negative impact on the environment, and achieve the same economic benefits in a more environmentally friendly way [ 12 ]. Therefore, more and more manufacturing enterprises have shifted their attention to green procurement, and some manufacturing enterprises have begun to actively implement the green procurement strategy, which has built a bridge between green production and green consumption.…”