The Impact of a Sustainable Development Strategy on the Effectiveness and the Efficiency of Procurement Procedures at the Stage of Implementing a Business Code Conduct

   Issues of sustainable development in the context of procurement often remain undisclosed since key attention is paid to the social and environmental impacts associated with the operational processes of enterprises. At the same time, the risks and opportunities hidden in supply chains have a signifi cant impact on achieving the sustainable development goals of the enterprise. The article provides information on the basic stage of the implementation of the sustainable development strategy in relation to procurement, which is characterized by the updating of the procurement policy of the enterprise and the use of a document regulating the expectations of the enterprise in terms of the specifi cs of building internal and external processes and procedures of suppliers, which is commonly called the code of conduct or the code of business conduct. The article presents a model of working with this document and examines its impact on the eff ectiveness of procurement procedures, depending on the dynamics of implementation and expectations of the degree of compliance with the requirements of its provisions for various categories of suppliers. It is established that consistent and step-by-step work according to the above model on the implementation of the code of conduct does not lead to a decrease in procurement efficiency.

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