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Circular procurement: Innovative solutions in practice

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The transition from linear to circular procurement requires a behavioral change and a diverse skill set. Therefore, it is essential to access various tangible information, creative methods, and techniques to activate the process and generate productive outcomes. With the awareness and knowledge provided in this chapter, practitioners will encounter and attain exceptional education on the best practices and success stories of implementing the circular procurement process in different fields. 

Primarily, step-by-step guidance is provided on the various stages of the circular procurement process and illustrates creative tweaks that will support the integration of Circular Economy policies. An insight into the essential focal points provides practical recommendations on closing the loop and achieving a more efficient, effective, and circular solution. 

This part highlights the importance of need identification, an in-depth assessment of the demand at hand, and whether the requirement should be a product or a service instead. Then, after investigating what is available in the market, an in-depth analysis is given on the essential components in product design and how examining the product’s life cycle can produce a positive shift in the result. 

There is an extensive outlook on the significance of market engagement and how paramount partnership and collaboration are in a circular procurement process. An illustration on various models, strategies, requirements, and procedures will grant the learners access to the full mechanism to be applied during the process. Lastly, this section will shed light on the importance of the selection and award phase and will also lead to learning at the end how to prepare, manage, and maintain a circular contract. 

Secondly, we will be sharing valuable examples on how to shift into a circular system in various supply chain stages and provide the learners with full guidance on how to accelerate circular supply chains. And the tangible impact of endorsing circular procurement will be highlighted by selecting best practices and different mechanisms that can be adopted by both practitioners of the public and private sector. To tackle all the activities implemented in the multinational corporations and SMEs regarding circular procurement execution a selection of case studies is shared to help the readers better conceptualize and efficiently assess what to do next to achieve effective results. Practitioners have also analyzed the importance and value of capacity building in implementing circular procurement practices and provide concrete insights into enabling an accelerated pace towards circularity. In this respect, an inventory of key enablers emerging from different approaches, collaborative models and knowledge sharing are showcased. In conclusion, the overall aim of the chapter provides innovative instruments, creative tools and smart tweaks that will allow the workforce to navigate the circular procurement process efficiently and accelerate the transition to a circular economy. 

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