Remove Malaysia Remove Metrics Remove Sourcing Remove Supply Chain

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. They are demanding more supply chain transparency. ”[1] They add, “The reasons for this increased interest are clear: Companies are under pressure from governments, consumers, NGOs, and other stakeholders to divulge more information about their supply chains, and the reputational cost of failing to meet these demands can be high.”

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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.

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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

But also: Why do they love supply chain management so much? Steven, you were a customer of Benchmarking Success with three different companies, most recently as Supply Chain Director with Ingram Micro, the world’s largest IT distributor.