The ability to develop effective working relationships with suppliers all over the world provides businesses with a number of important advantages in a globally competitive marketplace. Working with global suppliers can support an organization’s efforts to maintain quality, control costs, increase production flexibility, and reduce time to market. At the same time, the use of global supply chains introduces a number of complexities and challenges to an organization’s business model such as:
In an effort to address the challenges of implementing social performance goals across supply chains, client organizations and suppliers are increasingly applying the principles and practices embodied in a management systems framework.
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