Welcome Saturday, July 04, 2009
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
- Supply chain software key to green revolution
Fri, 12 Jun 2009 08:06:16 - Sustainability a procurement imperative, says IBM CPO
Thu, 14 May 2009 13:48:26 - Retail sector to tackle supply chain food waste
Thu, 30 Apr 2009 08:54:26 - UK government falling behind green procurement targets
Wed, 29 Apr 2009 10:41:26 - Green investment to boom in Asia
Wed, 22 Apr 2009 07:54:39
CSR COMMENT
CSR ARTICLES
- Profile: Esam Mousli, VP material supply, Saudi Aramco
Fri, 12 Jun 2009 08:16:51 - BAT’s Alan Scott-Watson’s £800m challenge
Fri, 12 Jun 2009 07:52:41 - China to Europe rail link delayed again
Mon, 16 Feb 2009 10:39:00 - Three cases for Africa
Wed, 22 Oct 2008 08:06:00 - Delivering results
Wed, 22 Oct 2008 07:56:00
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.
