Newly Added Session at the Ethical Sourcing Forum
The Key to Successful Supply Chain Management
Feb 7, 2012 1:30 PM ET
Campaign:
Ethical Sourcing Forum, New York 2012
Most companies only have good information on 10% to 15% of their direct suppliers. Transparency, Trust and Traceability of supplier facilities is a critical pre-requisite to Managing Corporate Values and Risk.
The shocking reality is that most retailers do not know where their products come from hence traceability is a real challenge due to the complex supply chains networks of intermediaries, subcontractors, domestic importers, wholesalers and constantly changing facility locations and contact details. In today's world, the pre-requisite to managing reputational risk in your supply chain starts with knowing who your real suppliers and manufactures are and be able to answer the following question:-
Who exactly are my suppliers?
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How many direct vs. in-direct suppliers do I have?
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What is my level of traceability & trust
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Are my brands exposed to practices happening in my manufacturing facilities?
This presentation will showcase a new solution for:
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Discovering and Screening New Suppliers
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Managing living Profiles of Existing Approved Suppliers
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Capacity Building Tools- Quality, Social, Environmental and Security