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Procurement guide aims to equip SMEs with the tools to integrate social value into their operations
A new guide has been launched to help SMEs improve their procurement processes and contribute to social impact.
Embedding Social Value in Procurement: A Practical Guide for SMEs has been developed in collaboration between Supply Chain Sustainability School and Cardiff Business School, and delivered by Action Sustainability.
The guide aims to support SMEs in creating social value while navigating procurement processes in both the public and private sectors.
Drawing on extensive research, the guide features surveys and focus group discussions with SMEs across various sectors, including infrastructure, civil engineering, and rail.
The guide includes:
- A checklist to integrate social value into operations.
- Strategies for overcoming common challenges, such as limited resources and lack of understanding.
- Advice on aligning social value with local community needs and business goals.
- Recommendations for procurement authorities on how to engage with SMEs to maximise social impact in procurement processes.
Long-term benefits
“As SMEs increasingly shape the future of our economy, it’s essential that their contributions to social value are recognised and embedded into procurement practices,” commented Vaishali Baid, social value lead and senior consultant, sustainable procurement at Action Sustainability.
“This guide provides SMEs with the tools and strategies to incorporate social value into their operations, ultimately creating long-term benefits for their businesses and the communities they serve.”
To access the full report, register for free membership with the Supply Chain Sustainability School here.
