{"id":102861,"date":"2024-07-29T12:02:08","date_gmt":"2024-07-29T10:02:08","guid":{"rendered":"https:\/\/www.KGM Strategy.com\/?p=102861"},"modified":"2024-09-16T10:07:31","modified_gmt":"2024-09-16T08:07:31","slug":"procurement-meets-olympics","status":"publish","type":"post","link":"https:\/\/www.KGM Strategy.com\/en\/insights\/procurement-meets-olympics\/","title":{"rendered":"Procurement meets Olympics"},"content":{"rendered":"<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><p>&nbsp;<\/p>\n<p><span style=\"color: #004146;\"><strong>The Olympic Games are a one-of-a-kind procurement project! The 2024 Games in Paris will see purchases of \u20ac2.5 billion from 8,000 suppliers. These Games aim to set new standards in terms of sustainability, social responsibility, and local value creation, offering valuable ideas for organizations worldwide.<\/strong><\/span><\/p>\n<p>Let\u2019s dive into the key pillars of this year\u2019s Olympics, which could not be delivered without the help of Procurement. Discover key learnings to elevate your own organization\u2019s strategy.<\/p>\n<p>&nbsp;<\/p><\/div><\/div><\/div>\n<div is=\"tab-content\">\n    <div class=\"tabs responsive-tabs container is-style-leading_check overflow-visible\">\n        <div class=\"row \">\n            <div class=\"col-md-4 navContainer\">\n                <ul class=\"nav nav-tabs-02\" role=\"tablist\">\n                                            <li class=\"nav-item\" role=\"presentation\">\n                                                            <div class=\"bg-circle \"\n                                                                                style=\"background-color: #a0d60a\"\n                                                                    >\n                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                    <\/div>\n                                                        <button class=\"trigger-button active\" id=\"btn-tab-1-0\" data-bs-toggle=\"tab\" data-bs-target=\"#tab-1-0\" type=\"button\" role=\"tab\" aria-selected=\"true\">\n                                <span class=\"trigger-button-title\">Redefining Resource Management<\/span>\n                            <\/button>\n                        <\/li>\n                                            <li class=\"nav-item\" role=\"presentation\">\n                                                            <div class=\"bg-circle \"\n                                                                                style=\"background-color: #a0d60a\"\n                                                                    >\n                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                    <\/div>\n                                                        <button class=\"trigger-button\" id=\"btn-tab-1-1\" data-bs-toggle=\"tab\" data-bs-target=\"#tab-1-1\" type=\"button\" role=\"tab\" aria-selected=\"true\">\n                                <span class=\"trigger-button-title\">Leading the Way to Carbon Neutrality<\/span>\n                            <\/button>\n                        <\/li>\n                                            <li class=\"nav-item\" role=\"presentation\">\n                                                            <div class=\"bg-circle \"\n                                                                                style=\"background-color: #a0d60a\"\n                                                                    >\n                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                    <\/div>\n                                                        <button class=\"trigger-button\" id=\"btn-tab-1-2\" data-bs-toggle=\"tab\" data-bs-target=\"#tab-1-2\" type=\"button\" role=\"tab\" aria-selected=\"true\">\n                                <span class=\"trigger-button-title\">Supporting Local Suppliers<\/span>\n                            <\/button>\n                        <\/li>\n                                            <li class=\"nav-item\" role=\"presentation\">\n                                                            <div class=\"bg-circle \"\n                                                                                style=\"background-color: #a0d60a\"\n                                                                    >\n                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                    <\/div>\n                                                        <button class=\"trigger-button\" id=\"btn-tab-1-3\" data-bs-toggle=\"tab\" data-bs-target=\"#tab-1-3\" type=\"button\" role=\"tab\" aria-selected=\"true\">\n                                <span class=\"trigger-button-title\">Fostering Social Innovation and Inclusion<\/span>\n                            <\/button>\n                        <\/li>\n                                    <\/ul>\n            <\/div>\n            <div class=\"col-lg-8 col-xl-7\">\n                <div id=\"tab-1--tabContent\" class=\"tab-content tab-content-type-02\" role=\"tablist\">\n                                            <div class=\"tab-pane fade card show active\" id=\"tab-1-0\" role=\"tabpanel\" aria-labelledby=\"btn-tab-1-0\">\n                            <div class=\"card-header\" role=\"tab\" id=\"heading-tab-1-0\">\n                                <button class=\"trigger-button trigger-button--icon\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-tab-1-0\" aria-controls=\"collapse-tab-1-0\" aria-expanded=\"true\">\n                                                                            <div class=\"bg-circle \"\n                                                                                                style=\"background-color: #a0d60a\"\n                                                                                        >\n                                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                                    <\/div>\n                                                                        <span class=\"trigger-button-title\">Redefining Resource Management<\/span>\n                                    <i class=\"icon icon-arrow-right\"><\/i>\n                                <\/button>\n                            <\/div>\n                            <div id=\"collapse-tab-1-0\" class=\"collapse show\" data-bs-parent=\"#tab-1--tabContent\" role=\"tabpanel\" aria-labelledby=\"heading-tab-1-0\">\n                                <div class=\"card-body\">\n                                    <div class=\"inner\">\n                                    \n                                                                            <p>Did you know that the Athletes&#8217; Village will be powered by geothermal and solar energy, featuring beds made from recycled fishing nets and cardboard?<\/p>\n<p>&nbsp;<\/p>\n<p>Additionally, 95% of the Olympics infrastructure is temporary or pre-existing, and 90% of the equipment will be repurposed after the Games. By focusing on reuse, repair, refurbishment, remanufacturing, and recycling, the Paris 2024 Olympics aim to eliminate waste and maximize resource efficiency.<\/p>\n<p>&nbsp;<\/p>\n<p>Find out how you can create value with sustainable procurement.<\/p>\n<p>&nbsp;<\/p>\n<p class=\"text-center\"><a class=\"btn btn-primary\" href=\"https:\/\/www.KGM Strategy.com\/en\/expertise\/sustainable-procurement\/\">Sustainable procurement<\/a><\/p>\n\n                                                                        <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                            <div class=\"tab-pane fade card \" id=\"tab-1-1\" role=\"tabpanel\" aria-labelledby=\"btn-tab-1-1\">\n                            <div class=\"card-header\" role=\"tab\" id=\"heading-tab-1-1\">\n                                <button class=\"trigger-button trigger-button--icon\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-tab-1-1\" aria-controls=\"collapse-tab-1-1\" aria-expanded=\"false\">\n                                                                            <div class=\"bg-circle \"\n                                                                                                style=\"background-color: #a0d60a\"\n                                                                                        >\n                                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                                    <\/div>\n                                                                        <span class=\"trigger-button-title\">Leading the Way to Carbon Neutrality<\/span>\n                                    <i class=\"icon icon-arrow-right\"><\/i>\n                                <\/button>\n                            <\/div>\n                            <div id=\"collapse-tab-1-1\" class=\"collapse\" data-bs-parent=\"#tab-1--tabContent\" role=\"tabpanel\" aria-labelledby=\"heading-tab-1-1\">\n                                <div class=\"card-body\">\n                                    <div class=\"inner\">\n                                    \n                                                                            <p>Paris 2024 is setting a benchmark in carbon footprint reduction, aiming to cut emissions by 50% compared to those of London 2012. By utilizing renewable energy, low-carbon construction techniques, and a fleet of electric vehicles, the Paris Games demonstrate the impact that sustainable procurement can have.<\/p>\n<p>&nbsp;<\/p>\n<p>Watch our video series to find out about our approach for reducing a company&#8217;s carbon footprint.<\/p>\n<p>&nbsp;<\/p>\n<p class=\"text-center\"><a class=\"btn btn-primary\" href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/decarbonization-how-to-reduce-the-carbon-footprint\/\">Video series on decarbonisation<\/a><\/p>\n\n                                                                        <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                            <div class=\"tab-pane fade card \" id=\"tab-1-2\" role=\"tabpanel\" aria-labelledby=\"btn-tab-1-2\">\n                            <div class=\"card-header\" role=\"tab\" id=\"heading-tab-1-2\">\n                                <button class=\"trigger-button trigger-button--icon\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-tab-1-2\" aria-controls=\"collapse-tab-1-2\" aria-expanded=\"false\">\n                                                                            <div class=\"bg-circle \"\n                                                                                                style=\"background-color: #a0d60a\"\n                                                                                        >\n                                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                                    <\/div>\n                                                                        <span class=\"trigger-button-title\">Supporting Local Suppliers<\/span>\n                                    <i class=\"icon icon-arrow-right\"><\/i>\n                                <\/button>\n                            <\/div>\n                            <div id=\"collapse-tab-1-2\" class=\"collapse\" data-bs-parent=\"#tab-1--tabContent\" role=\"tabpanel\" aria-labelledby=\"heading-tab-1-2\">\n                                <div class=\"card-body\">\n                                    <div class=\"inner\">\n                                    \n                                                                            <p>Another pillar of Paris 2024\u2019s procurement strategy emphasizes local sourcing from small and medium-sized enterprises (SMEs) and very small enterprises (VSEs). With 75% of suppliers being small enterprises and 80% of food sourced locally, the Games are boosting regional economies. However, nearshoring is not only a trend that serves sustainability interests, it is also an important aspect of risk management and boosting an organization&#8217;s resilience.<\/p>\n<p>&nbsp;<\/p>\n<p>Learn more about the advantages of nearshoring and whether regionalization is worthwhile despite volatile logistics costs.<\/p>\n<p>&nbsp;<\/p>\n<p class=\"text-center\"><a class=\"btn btn-primary\" href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/smi-14\/nearshoring-increasing-supply-chain-resilience\/\">Advantages of nearshoring<\/a><\/p>\n\n                                                                        <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                            <div class=\"tab-pane fade card \" id=\"tab-1-3\" role=\"tabpanel\" aria-labelledby=\"btn-tab-1-3\">\n                            <div class=\"card-header\" role=\"tab\" id=\"heading-tab-1-3\">\n                                <button class=\"trigger-button trigger-button--icon\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-tab-1-3\" aria-controls=\"collapse-tab-1-3\" aria-expanded=\"false\">\n                                                                            <div class=\"bg-circle \"\n                                                                                                style=\"background-color: #a0d60a\"\n                                                                                        >\n                                                                                            <i class=\"icon icon-check\"><\/i>\n                                                                                    <\/div>\n                                                                        <span class=\"trigger-button-title\">Fostering Social Innovation and Inclusion<\/span>\n                                    <i class=\"icon icon-arrow-right\"><\/i>\n                                <\/button>\n                            <\/div>\n                            <div id=\"collapse-tab-1-3\" class=\"collapse\" data-bs-parent=\"#tab-1--tabContent\" role=\"tabpanel\" aria-labelledby=\"heading-tab-1-3\">\n                                <div class=\"card-body\">\n                                    <div class=\"inner\">\n                                    \n                                                                            <p>With its decisive link to the supply chain, procurement can help foster social innovation and inclusion, as demonstrated by Paris 2024. The organizers of the Games have committed to social and environmental standards, including 500 Social and Solidarity Economy (SSE) suppliers and dedicating 10% of working hours to jobseekers. They have also ensured accessibility for people with disabilities and included social inclusion clauses in contracts.<\/p>\n<p>&nbsp;<\/p>\n<p>Embedding these pillars into your procurement strategy can transform regulatory requirements into value drivers &#8211; delivered by a truly diverse community of employees.<\/p>\n\n                                                                        <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n                                    <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><p>&nbsp;<\/p>\n<h3>Procurement Facts around the Olympic Games in Paris 2024<\/h3><\/div><\/div><\/div>\n<div class=\"full-width componentPadding\" is=\"spalten-texte\">\n    <div class=\"container overflow-visible\">\n            <\/div>\n<\/div>\n<div class='container  py-3'><div class=\"row \"><div class=\"col-lg-12\"><h3><\/h3>\n<div class=\"icon-boxes  \" data-moduleID=\"102791\" is=\"summary-box\">\n    <div class=\"summary-box-padding overflow-visible\">\n        <div class=\"icon-box has-icon pos-left fadeIn\" style=\"border-color: rgb(0, 77, 144);\" data-animated-icon=\"false\">\n            \n                <div class=\"icon\">\n                    <div class=\"inner\">\n\n                                                    <img decoding=\"async\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/02\/icon_gluehbirne-removebg-preview-1.png\" width=\"130\" height=\"130\" loading=\"lazy\" alt=\"Icon - Further Must-Reads\" \/>\n                        \n                    <\/div>\n                <\/div>\n\n            \n                            <div is=\"accordion\">\n                    <div class=\"accordion-item\">\n                        <div class=\"accordion-header\" id=\"heading-fadfa1489864514baeacaa4b29ebd1ed\">\n                            <button class=\"accordion-button collapsed\" type=\"button\" data-bs-toggle=\"collapse\" data-bs-target=\"#collapse-fadfa1489864514baeacaa4b29ebd1ed\" aria-expanded=\"false\" aria-controls=\"collapse-fadfa1489864514baeacaa4b29ebd1ed\">\n                                <span class=\"accordion-button-label\">\n                                    <span>Further Must-Reads<\/span>\n                                <\/span>\n                            <\/button>\n                        <\/div>\n                        <div id=\"collapse-fadfa1489864514baeacaa4b29ebd1ed\" class=\"accordion-collapse collapse\" aria-labelledby=\"heading-fadfa1489864514baeacaa4b29ebd1ed\">\n                            <div class=\"accordion-body\">\n                                <ul class=\"checklist-cols-2 checklist\">\n<li><a href=\"https:\/\/olympics.com\/en\/paris-2024\/committee\/our-responsibilities\/sustainable-purchasing\">Sustainable Purchasing &#8211; Paris 2024<\/a><\/li>\n<li><a href=\"https:\/\/olympics.com\/ioc\/news\/less-better-and-for-longer-five-ways-paris-2024-is-delivering-more-sustainable-games\">Five ways Paris 2024 is delivering more sustainable Games<\/a><\/li>\n<li><a href=\"https:\/\/press.paris2024.org\/news\/press-release-paris-2024-presents-the-latest-advance-in-its-low-carbon-strategy-175c-7578a.html\">Paris 2024 presents the latest advance in its low carbon strategy<\/a><\/li>\n<li><a href=\"https:\/\/press.paris2024.org\/news\/18-march-2024-paris-2024-presents-the-first-results-of-its-circular-economy-strategy-07c4-7578a.html\">18 March 2024 Paris 2024 presents the first results of its circular economy strategy<\/a><\/li>\n<li><a href=\"https:\/\/olympics.com\/ioc\/news\/paris-2024-setting-new-standards-in-sustainable-and-inclusive-sport-events\">Paris 2024: Setting New Standards in Sustainable and Inclusive Sport Events<\/a><\/li>\n<li><a href=\"https:\/\/olympics.com\/ioc\/news\/paris-2024-opens-up-to-sustainable-business-with-almost-500-social-and-solidarity-companies-on-board\">Paris 2024 opens up to sustainable business with almost 500 social and solidarity companies on board<\/a><\/li>\n<li><a href=\"https:\/\/olympics.com\/ioc\/news\/paris-2024-strives-to-maximise-the-socio-economic-impact-of-sport\">Paris 2024 strives to maximise the socio-economic impact of sport<\/a><\/li>\n<\/ul>\n\n                            <\/div>\n                        <\/div>\n                    <\/div>\n                <\/div>\n\n            \n        <\/div>\n    <\/div>\n<\/div>\n\n\n<h2>Get in contact with our experts<\/h2>\n\n    <div class=\"container authors-section fadeIn \" is=\"authors-and-partners\">\n        <div class=\"description row\">\n            <h2>\n                                                            Authors\n                                                <\/h2>\n        <\/div>\n\n        <div class=\"row\">\n                            <div class=\"mb-5 col-md-6 mb-md-0\">\n                    <div class=\"author\">\n                                                    <figure>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/01\/isabelle-carradine-pinto-md-250x250.png\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/01\/isabelle-carradine-pinto-md-250x250.png 250w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2024\/01\/isabelle-carradine-pinto-md-75x75.png 75w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/>\n                            <\/figure>\n                        \n                        <h3>Isabelle Pinto Carradine<\/h3>\n                        <p class=\"person-position\">Managing Director<\/p>\n                                                    <div class=\"short-desc\"><p>joined KGM Strategy France as Managing Director, heading up the Paris office alongside Denis Di Vito and Patrice Maheo in 2024.<\/p>\n<\/div>\n                                                <div class=\"contact-information\">\n                                                                                                <a href=\"mailto:contact@kgmstrategy.com\" class=\"mail-link\">contact@kgmstrategy.com<\/a>\n                                                                                                                                                <\/div>\n                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/procurement-meets-olympics\/\" class=\"btn btn-outline-secondary text-terciary\">Contact<\/a>\n                                            <\/div>\n                <\/div>\n                            <div class=\"mb-5 col-md-6 mb-md-0\">\n                    <div class=\"author\">\n                                                    <figure>\n                                <img loading=\"lazy\" decoding=\"async\" width=\"250\" height=\"250\" src=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/Patrick_Lepperhoff_Website-250x250.png\" class=\"img-fluid\" alt=\"\" srcset=\"https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/Patrick_Lepperhoff_Website-250x250.png 250w, https:\/\/www.KGM Strategy.com\/wp-content\/uploads\/2021\/08\/Patrick_Lepperhoff_Website-75x75.png 75w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/>\n                            <\/figure>\n                        \n                        <h3>Patrick Lepperhoff<\/h3>\n                        <p class=\"person-position\">Managing Director<\/p>\n                                                    <div class=\"short-desc\"><p>is a Managing Director at KGM Strategy in Cologne. As head of the Supply Chain Management Competence Center, he mainly supports customers from industry and consumer goods production.<\/p>\n<\/div>\n                                                <div class=\"contact-information\">\n                                                                                                <a href=\"mailto:patrick.lepperhoff@kgmstrategy.com\" class=\"mail-link\">patrick.lepperhoff@kgmstrategy.com<\/a>\n                                                                                                                                                <\/div>\n                                                    <a href=\"https:\/\/www.KGM Strategy.com\/en\/insights\/procurement-meets-olympics\/\" class=\"btn btn-outline-secondary text-terciary\">Contact<\/a>\n                                            <\/div>\n                <\/div>\n                    <\/div>\n    <\/div>\n<\/div><\/div><\/div>\n<div class=\"bp-module-info-wrapper\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Olympic Games \u2013 a one-of-a-kind procurement project! The 2024 Games in Paris will see purchases of \u20ac2.5 billion from 8,000 suppliers. These Games aim to set new standards in terms of sustainability, social responsibility, and local value creation, offering valuable ideas for organizations worldwide.<\/p>\n","protected":false},"author":10,"featured_media":102852,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[700,723,729,718],"tags":[],"class_list":["post-102861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","category-energy-networks-transition","category-infrastructure","category-sustainable-procurement"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/102861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/comments?post=102861"}],"version-history":[{"count":0,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/posts\/102861\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media\/102852"}],"wp:attachment":[{"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/media?parent=102861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/categories?post=102861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.KGM Strategy.com\/en\/wp-json\/wp\/v2\/tags?post=102861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}