Companies carefully shape brands to represent their products, values, and purpose. Firms are including more commitments to sound environmental and social practices to meet stakeholder expectations.
The benefits include:
+ Suppliers are strategically aligned with your values and expectations
+ The supply chain is more resilient and responsive to customer expectations
+ Products are designed to minimize lifecycle costs for you and your customers
+ Circular economic benefits are realized in longer lifespan, reuse, and recycling
+ Customer expectations for quality, value, and ethical sourcing are supported
+ Employees are engaged in continuous improvement, empowered to innovate
+ Stakeholders are advocates for your brand given your proactive engagement
For Supply Chain Executives, this provides a great opportunity to build a Supply Chain Sustainability Program which brings value to the business by improving your suppliers’ performance.
+ Leaders with sustainability expectations
+ Sustainable, ethical supply criteria
+ Goals for improvement initiatives
+ Measure key operations performance
+ Report for accountability and action
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