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RIMAIAgribusiness SchoolMy land

D-local-procurement Dictionary

Local procurement

Buying goods and services for the venture from businesses in the surrounding community

All termsIntroduced in Module 11Open the Toolkit
An open dictionary on a farm office desk
Plain meaning
Buying goods and services for the venture from businesses in the surrounding community
How to use it
List what you can buy locally, such as transport, meals, packaging and repairs, and set a yearly target for local spend.
South African benchmark
Local buying is part of how South African agribusinesses show community benefit to retailers and funders.
Country notes
Local spending builds goodwill and keeps money in rural economies across the four markets.
Go and read
C11 Lesson 11.6
Calculate it
T-C-08 People and Labour Cost, local purchases per year.
Library sources
LIB-A037
See also
Social licence to operate, Beneficiation
A processing venture at the centre with the surrounding community linked by jobs, training, supply and shared benefitThe venture at the centre, the community around itPLANTVentureHomestead skillsLocal jobsOutgrower supplyTrainingLocal purchasesCommunity share
From Module 11, People, Community and Labour, where this term is introduced.

Introduced in C11 People, Community and Labour.