Global Sourcing and Human Rights Go Hand in Hand

NC State SCRC

Low-cost country (LCC) sourcing is now a commonplace strategy for shrinking bottom line labor and material costs in most consumer products industries, including apparel, footwear, toys, and other manufactured products. Organizations continue to scour global markets for even lower labor rates, moving from Western China to the Pearl River, and now to Vietnam, Indonesia, Malaysia, Cambodia, and North Africa.

The Importance of Transparency in Supply Chains

Enterra Insights

Consumers, activists, and investors increasingly want to know the products they buy are sourced sustainably and ethically. Transparency, on the other hand, involves moral and ethical dimensions of activities associated with sourcing and manufacturing. sources of raw materials. performance-based metrics. In the information age, it’s difficult to hide things you would prefer to remain undiscovered. This is as true for businesses as it is for individuals.

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Q: Food vs Fuel? A: Wrong question…We need more efficient markets!

Supply Chain View from the Field

Looking at vegetable oils, with a global population of 7B people, each consuming the recommended 40g of dietary fat per day, 365 days per year, would require just over 100M metric tons of oil. We are currently according to the USDA producing over 160M metric tons of refined vegetable oil alone. We have another 100M metric tons from animal sources.

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Benchmarking Success: Focus on what Matters

Logistics Bureau

My first step was to engage Benchmarking Success (BMS) to understand what the “best” for each business really meant from an independent source. We set our performance targets according to the best-in-class metrics and I ended up helping these three companies successively achieve demonstrable best-in-class supply chain performance. They know of course how they did against last year and they’ll probably have some customer satisfaction metrics, but that’s not the full picture.

Top 10 New Year’s Resolutions for Wholesalers in 2019: Drop Those Bad Habits from 2018

EMERGE App

Source Sensibly and Sustainably. South-East Asian nations such as Malaysia, Vietnam, and the Philippines are ready with substitutes or alternative suppliers. Keep an eye on this metric to avoid a deadstock situation. Introduction. It’s that time of the year again! You sang Auld Lang Syne until your voice was hoarse. And you might still be shaking off a hangover and wondering where on earth did 2018 go.