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Ethics in the Supply Chain

Oxford College of Procurement and Supply

As a procurement professional it is paramount that “we” are aware of the conduct of our suppliers within all tiers of our supply chain. We need to be aware of what our suppliers’ suppliers are doing, how any sub contractors are acting to be certain that all aspects of the chain in which we are involved is ethical.

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It’s Time to Rethink Supply Chain Risk Management

ivalua

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. years and companies can expect to lose 42% of one year’s EBITDA every decade due to supply chain disruptions. Assessing Risk across the Supply Chain.

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The Suppliers Perspective

Oxford College of Procurement and Supply

As buyers we often expect a lot from our suppliers, but do we take the time to think about what they need from us in order to perform to the standard we often demand of them? Like our businesses, they have a supply chain to manage and as such need to be able to pay their suppliers.

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#ScotClimateWeek PPG round up

Scottish Government Procurement

APUC (Advanced Procurement for Universities and Colleges) The Scottish University and College sectors are committed to carrying out all their operations in an environmentally, socially, ethically and economically responsible manner. APUC has been providing support to assist its member institutions in the implementation of this strategy.

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What is Responsible Sourcing?

ivalua

Responsible sourcing is the incorporation of ethical, sustainable and socially conscious principles into sourcing, procurement and overall supply chain management practices. This approach ensures that business between a buyer and its suppliers is conducted in a manner that does not negatively impact society or the environment.

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More than half of European suppliers say procurement teams aren’t enforcing standards for responsible labour

ivalua

Redwood City, CA – 26th August 2021 – Research from Ivalua, a leading global spend management cloud provider, has revealed more than half (58%) of European suppliers said buyers rarely or never include responsible labour practices in contracts or agreements. The report also identified a lack of consistent monitoring of labour standards.

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Why are KPIs Important in Procurement?

Oxford College of Procurement and Supply

KPIs are popularly related to areas such as: On time delivery Amount of rejects Cost reduction Ethical conduct Sustainable approaches Lead times KPIs can be written to measure any aspect of supplier performance but must be relevant to the contract to add value. Wrap Up Do you want to know more about KPIs and supply chains?

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