Sarcouncil Journal of Economics and Business Management

Sarcouncil Journal of Economics and Business Management
An Open access peer reviewed international Journal
Publication Frequency- Monthly
Publisher Name-SARC Publisher
ISSN Online- 2945-3593
Country of origin- PHILIPPINES
Impact factor- 3.1
Language- English
Keywords
- Accounting, Administrative System, Brand Innovation and Brand Management, Business, Management, Business Economics, Business Policy and Strategy, Critical Management Studies, Data Management, Design Management, Economic Management, Educational Management, Emerging Technology
Editors

Dr Hazim Abdul-Rahman
Associate Editor
Sarcouncil Journal of Applied Sciences

Entessar Al Jbawi
Associate Editor
Sarcouncil Journal of Multidisciplinary

Rishabh Rajesh Shanbhag
Associate Editor
Sarcouncil Journal of Engineering and Computer Sciences

Dr Md. Rezowan ur Rahman
Associate Editor
Sarcouncil Journal of Biomedical Sciences

Dr Ifeoma Christy
Associate Editor
Sarcouncil Journal of Entrepreneurship And Business Management
Sustainable Procurement Strategies in FMCG: Impact on Supply Chain Efficiency and Cost Reduction
Keywords: Sustainable Procurement, FMCG, Supply Chain Efficiency, Cost Reduction, Circular Economy, Digital Procurement
Abstract: The adoption of sustainable procurement strategies in the fast-moving consumer goods (FMCG) sector has gained momentum as companies seek to align with environmental, social, and economic sustainability goals. This study examines the impact of sustainable procurement on supply chain efficiency and cost reduction, focusing on key practices such as supplier collaboration, sustainable material sourcing, energy efficiency, circular economy integration, and digital procurement tools. Through case studies and statistical analysis across various FMCG sectors, findings reveal that sustainable procurement not only enhances operational efficiency but also leads to significant cost savings. These strategies, however, have varied impacts across different FMCG industries, highlighting the importance of tailored approaches. The results demonstrate that sustainable procurement is a viable pathway for achieving competitive advantage while fulfilling corporate sustainability objectives
Author
- Ashish Dhongde
- Associate Director Procurement; Beauty and Wellbeing; North America