Supply Chain: The Work Paris 2024 Put in to Make the Olympics a Success
As the event planner, Paris 2024 relies on its partners and suppliers for many of the resources and equipment required to host the Olympic Games. They have therefore established a conscientious buying strategy and have set lofty goals. They are breaking new ground by improving the standards for calls for tenders and the criteria to award contracts, even while adhering to the laws that govern all public procurement. These innovations may continue and even gain traction long after the Paris 2024 Olympics.
Roughly €2.5 billion worth of products and services will be bought. This purchase procedure will make sense from a business and legal perspective, ensuring smooth and flawless operations. High social and environmental standards will also play a part.
Day by day, Paris 2024 has laboured to refine a comprehensive and ethical process that encompasses information sharing, creating educational resources so that all could compete for the opportunities, pressuring suppliers to incorporate sustainable practices into their operations, assessing the opportunities, and looking ahead.
They are dedicated to capturing as much of the market as they can because of the financial risks associated with the Olympic and Paralympic Games as well as the legacy that Paris 2024 aspires to leave behind. They conducted a survey of potential suppliers, which included social enterprises and very small and medium-sized firms, with the dual objectives of producing measurable outcomes and doing so in an interdisciplinary manner. They located more than 10,000 businesses, offering a significant reservoir of prospective suppliers for the upcoming years.
Paris 2024 is encouraging the most virtuous players in the areas we care about—reducing carbon impacts, promoting the circular economy, collaborating with social enterprises, integrating the long-term unemployed and people with disabilities, and generating value in local communities by encouraging small and large businesses to form consortiums — by emphasising five commitments related to environmental and social innovation in their contracts.
Paris 2024 highlighted suppliers that are adding value beyond the products or services they produce, whether through design, manufacture, use, or later reuse, by giving contracts to those engaged in these projects.
It is the responsibility of an organising committee to compose a narrative. Furthermore, Paris 2024 is aware of the precise conclusion of this tale. Each organising committee is aware that it will dissolve on its own schedule. Paris 2024 always makes plans for that, particularly when it comes to its purchases: will they be returned, resold, donated, moved, or changed, for example, once it delivers the required resources? Because eco-design and products’ second life align with the circular economy and will be part of the legacy for the people in the host regions of the Olympic Games as well as future organising committees, Paris 2024 is focused on these areas. The Pulse building, the heart of Paris 2024, is where this strategy first began to take shape. Their service providers had plans to repurpose the furniture and equipment as soon as they moved in, and the majority of it was eco-designed.
The Bachelor of Commerce (BCom) in International Supply Chain Management offered by the IMM Graduate School can serve as an invaluable tool for supply chain professionals.
The programme offers two distinct streams: Transport and Logistics, and Procurement. These streams cover essential aspects of SCM that are directly applicable to the Paris 2024 Olympics. Professionals working on the logistics side can benefit from learning about transportation management, warehousing, and distribution, all of which are vital for coordinating the movement of goods and equipment for the event. On the other hand, those involved in procurement can enhance their skills in sourcing materials, negotiating contracts, and managing supplier relationships, which are essential for securing the necessary resources for the Olympics.Top of Form