When
Monday 06 May 2019

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:

  • Lack of clarity in social performance goals
  • Lack of adequate oversight of supply chain activities
  • Failure to effectively respond to supply chain deficiencies
  • Failure to identify and assess root causes of non-compliance
  • Divergence of social performance ideals from cultural norms

 

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.

To find out more, read the article in full here.


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