{"id":17349,"date":"2021-02-03T10:30:00","date_gmt":"2021-02-02T23:30:00","guid":{"rendered":"https:\/\/edgeenvironment.com\/?p=17349"},"modified":"2021-03-31T09:23:19","modified_gmt":"2021-03-30T22:23:19","slug":"ever-wondered-whats-meant-by-circular-procurement","status":"publish","type":"post","link":"https:\/\/edgeenvironment.com\/us\/2021\/02\/03\/ever-wondered-whats-meant-by-circular-procurement\/","title":{"rendered":"Ever wondered what\u2019s meant by circular procurement?"},"content":{"rendered":"\n
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Photo by Arno Senoner<\/a> on Unsplash<\/a><\/figcaption><\/figure><\/div>\n\n\n\n

Last year saw something of a coming of age for the circular economy in Australia. After years of it being little more than a buzzword, we finally saw an acceleration of activity from policy-makers, local government and corporations. With procurement being a key enabler of the circular economy, it was unsurprising to see \u201ccircular procurement\u201d increasingly popping up in discussions, strategies and initiatives across the country, so we thought we\u2019d take a look at what the term means, and how to put it into practice.<\/p>\n\n\n\n

What is circular procurement?<\/strong><\/p>\n\n\n\n

Circular procurement is the strategic purchase of goods and services that contribute to the circular economy. It places clear emphasis on their full lifecycle and, in particular, what can be done with them at end-of-life in order to keep the component materials in use for as long as possible and in the highest-value form. This may lead to procurement teams looking at opportunities such as:<\/p>\n\n\n\n