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Again, the parallels to supply chain practice transformations are stunning.
Until large companies take the posture of working with their suppliers as partners - for better or worse - they will fail to gain ground on aligning supply chain practice with sustainability goals and human rights codes.
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Wider scope, deeper reach If conventional supply chain practices are running up against inherent limits, what next?
For most firms, the development of sustainable supply chain practices remains challenging.
This alleviates much of the inefficiency in current product development and supply chain practices.
This implies that the traditional supply chain practices may be subject to revision and change.
Supply chain practices designed to keep costs low in a stable business environment can increase risk levels during disruptions.
writtenWhat Does "Catalyst" Mean to You? Responsible supply chain practices are associated with lower operating costs and improved overall performance.
This crowdsourcing app uses Twitter to help company's determine which sustainable supply chain practices are most important to their stakeholders.
Traditional supply chain practices have primarily focused on dyadic risk management, rarely considering risks in the sub-tier supply network.
Drawing on the wider institutionalization of supply chain practices involving outsourcing and partnering projects, the CMG became a locus of institutionalized reflexivity.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com