It was just a year ago that the world’s attention focused on the horrible conditions at the Rana Plaza garment factory in Bangladesh in the aftermath of the tragic factory collapse. The disaster also revealed the ongoing challenges supply management practitioners face in assessing social compliance in global supply chains. A major challenge lies in the fact that the weak links in a company’s … [Read more...]
If you’re preparing for a big meeting, you may want to rethink printing two dozen copies of that 50-page slide presentation for the attendees. And don’t underestimate the value of those blue recycling bins around the office. Today, employees are more engaged with environmental issues than ever, and research shows they prefer working for companies with green policies. More than 900 workers in … [Read more...]
It’s been almost four years since the U.S. Congress passed the Dodd-Frank Act, mandating that public companies disclose the use of conflict minerals in their supply chains. With the May 31, 2014, deadline for compliance looming, time is no longer on the side of supply management practitioners working to verify that their company and its suppliers are not sourcing minerals from countries mired in … [Read more...]
Is the C-suite losing interest in procurement-led business performance improvement? That’s one of the main questions technology provider Zycus examines in the results of its recently released Pulse of Procurement 2014 study. Every year since 2011, when Zycus began conducting its Pulse of Procurement research series, the proportion of business enterprises with global procurement teams that … [Read more...]
Supply chains can be cybersecurity targets because of the proprietary design, pricing and contract intelligence that flow through them. In the March 2014 issue of Inside Supply Management®, Timothy Hall, president of AZORCA Cyber Security, LLC in Millersville, Maryland, examined the cybersecurity risks that could be lurking in your own supply chain. He also offers tips on how supply management … [Read more...]
