Welcome Thursday, February 23, 2012
Corporate Social Responsibility
Corporate Social Responsibility (CSR) is a concept with growing currency across the globe. It involves looking at how companies take account of social and environmental factors and how these can impact on their reputation among consumers and in the business world.
The involvement of procurement and supply management professionals in CSR policies is increasingly crucial. Sourcing from low-cost countries, for example, is an area fraught with dangers for the procurement function and the business as a whole. Senior procurement managers are ideally placed to input expert knowledge and experience in discussions of low-cost country sourcing in a way that can help reduce the risk of extremely damaging publicity or dealing with costly legal challenges.
It is therefore imperative for procurement and supply chain departments to build constructive relationships with key stakeholders while increasing business transparency and good governance. In this way they can play a pivotal role in shaping the business in a sustainable and competitive way, making sure the highest ethical standards are followed.
The mentality of "out of sight, out of mind" outsourcing is a serious mistake.
CSR NEWS
- MGM Resorts International expands supplier diversity programme
Fri, 03 Feb 2012 11:17:53 - Suppliers face being dumped over poor environmental performance
Wed, 01 Feb 2012 09:54:37 - EU commits to tackling conflict-mineral supply chains
Mon, 30 Jan 2012 10:58:34 - Apple CEO moves to counter damning supply chain report
Fri, 27 Jan 2012 10:08:06 - Honda revs up 'green logistics' for US supply chain
Tue, 24 Jan 2012 09:53:04
CSR COMMENT
CSR ARTICLES
- Sustainability: Supply Chain Revamp for Virgin Media
Tue, 15 Feb 2011 16:00:14 - Sustainability: Green procurement programs gain traction
Sun, 23 Jan 2011 14:55:18 - Sustainability: Unilever unveils sustainability targets
Sun, 23 Jan 2011 14:54:17 - The global impact of China's dominance of rare earth metals
Sun, 23 Jan 2011 14:08:11 - Sustainability: The search for a sustainable benchmark
Tue, 19 Oct 2010 10:02:03
CSR PRESENTATIONS
The Big Debate. What is the future of procurement?
Procurement has already changed in most large organisations from a mainly transactional back office role to a more central, strategic function with executive-level reporting lines. But how will the changing economic and supply market dynamics, as well as new trends, affect your operations in the next 5 years?
How to find a positive return-on-investment for environmentally friendly purchasing
The decision to move CPO John Paterson’s office from Somers, NY, to Asia proved that in a truly globally integrated enterprise a company’s worldwide capability can be located wherever in the world. It may also make the most sense, based on the imperatives of economics, expertise and open environments.
CSR RESEARCH
- Sustainable Procurement Agenda
Mon, 08 Sep 2008 11:41:00 - Socially Responsible Procurement (SRP) - Survey 2007
Thu, 04 Sep 2008 08:35:00
