Managing Working Conditions in the Supply Chain
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Transforming the Retail Supply Chain Apparel, Fashion and Footwear GS1 Standards in Action
Transforming the Retail Supply Chain Apparel, Fashion and Footwear GS1 Standards in Action Collaborating in the dynamic retail industry In today’s omni-channel retail world, consumers are in control. They have embraced social media, online search and mobile apps—giving them instant access to product information to make buying decisions. Consumers are driving a retail environment where fast fashion translates to high-speed product turnover and a vast number of stock-keeping units that must be managed. On the supply side, retail production is complex and “ Implementing EPC-enabled truly global in scope where brands and manufacturers alike source materials and labour from a worldwide network of suppliers. RFID technology has been This dynamic retail industry calls for increased collaboration across the one of the most significant supply chain for improved speed-to-market capabilities and efficiencies. technological steps Partners in the apparel, fashion and footwear (AFF) sector are looking to inventory management and procurement processes to help drive Macy’s has taken toward these improvements. improving our supply Inventory Accuracy with EPC/RFID chain performance, and Industry leaders are starting to “tag at the source” by applying GS1 ultimately our customer EPC-enabled RFID tags on items at the point of manufacture. Using service, in the last 20 years. standards-based product identifiers—Serialised Global Trade Item Numbers (SGTINs) encoded into EPC tags, manufacturers can provide true visibility It is one of the keys to our of merchandise as it travels to distribution centres and stores. omni-channel success, and Brand owners utilise EPCs to easily verify the accuracy and completeness because we’ve already of shipments received—each identified by a GS1 Serial Shipping Container Code (SSCC)—and can track shipping processes to reduce counterfeits seen solid results, we from entering the supply chain. -
Why Procurement Professionals Should Be Engaged in Supply Chain
business solutions for a sustainable world WBCSD Future Leaders Team (FLT) 2011 Why procurement professionals should be engaged in supply chain sustainability “The Future Leaders Team is an unparalleled of common challenges – across sectors – and learning experience for young managers of WBCSD shared best practices. Above all, they experienced member companies. They have the opportunity to what is recommended here: engaging people in understand the benefits of why sustainability matters sustainability. I am convinced that they brought back to business and to develop a solid international valuable knowledge and information to their jobs.“ and professional network. Sustainability is complex subject is some cases, and it is therefore crucial for Congratulations to Eugenia Ceballos, John Zhao, multinational companies to enrich their work with Baptiste Raymond, and to all participants of the other companies’ experiences through collaboration. Future Leaders Team 2011! FLT 2011’s theme was sustainability in the supply chain, which is increasingly considered as an area of direct responsibility for companies. The following report reflects FLTs’ peer learning experience and team work. This is not the work of experts or consultants. Rather, the three managers from DuPont China, Holcim and Lafarge, took this opportunity Kareen Rispal, to engage with key people across functions and Lafarge Senior Vice President, geographies within their companies. In doing Sustainable Development so, they have deepened their understanding and Public Affairs I. Why procurement functions all stakeholders involved in bringing products and services to market. should be engaged in sustainability for their We believe that a sustainable supply chain can drive supply chain: competition and profit, and is a great opportunity to make a difference to companies, communities 1. -
The Effect of Supply Chain Management Strategy on Operational and Financial Performance
sustainability Article The Effect of Supply Chain Management Strategy on Operational and Financial Performance Rok Lee Department of LINC Plus Project Organization, Gyeongsang National University, Jinju 52828, Korea; [email protected]; Tel.: +82-10-6314-4004 Abstract: Given that small and medium manufacturing enterprises (SMEs) are key to national eco- nomic development, the application of supply chain strategies that support their sustainability is critical. This study aims to identify the effects of supply chain management (SCM) on the operational performance of SMEs in Korea, specifically considering organizational competencies. To achieve this, an empirical survey was conducted on 300 Korean manufacturing SMEs that had introduced SCM strategies. The relationships between the variables were analyzed through structural equation modeling. These show that specific SCM strategies and organizational competencies had a significant effect on overall business performance. Furthermore, the SCM strategies had a significant effect on SME organizational competencies. Additionally, we analyzed the mediating effect of organiza- tional competencies on the effect of SCM strategy on overall business performance. We found that organizational competence mediated the effect of SCM strategy on operational performance, but not on financial performance. The study shows that introducing SCM strategies directly improves business performance and is closely related to competencies such as research and development, technology commercialization, production capability, and marketing capabilities. Consequently, a combination of SCM strategies and organizational competencies can generate sustainable overall business performance among SMEs. Citation: Lee, R. The Effect of Supply Chain Management Strategy on Keywords: supply chain management strategy; operational performance; financial performance; Operational and Financial manufacturing firms; Korea Performance. Sustainability 2021, 13, 5138. -
From Corporate Responsibility to Corporate Accountability
Hastings Business Law Journal Volume 16 Number 1 Winter 2020 Article 3 Winter 2020 From Corporate Responsibility to Corporate Accountability Min Yan Daoning Zhang Follow this and additional works at: https://repository.uchastings.edu/hastings_business_law_journal Part of the Business Organizations Law Commons Recommended Citation Min Yan and Daoning Zhang, From Corporate Responsibility to Corporate Accountability, 16 Hastings Bus. L.J. 43 (2020). Available at: https://repository.uchastings.edu/hastings_business_law_journal/vol16/iss1/3 This Article is brought to you for free and open access by the Law Journals at UC Hastings Scholarship Repository. It has been accepted for inclusion in Hastings Business Law Journal by an authorized editor of UC Hastings Scholarship Repository. For more information, please contact [email protected]. 2 - YAN _ZHANG - V9 - KC - 10.27.19.DOCX (DO NOT DELETE) 11/15/2019 11:11 AM From Corporate Responsibility to Corporate Accountability Min Yan* and Daoning Zhang** I. INTRODUCTION The concept of corporate responsibility or corporate social responsibility (“CSR”) keeps evolving since it appeared. The emphasis was first placed on business people’s social conscience rather than on the company itself, which was well reflected by Howard Bowen’s landmark book, Social Responsibilities of the Businessman.1 Then CSR was defined as responsibilities to society, which extends beyond economic and legal obligations by corporations.2 Since then, corporate responsibility is thought to begin where the law ends. 3 In other words, the concept of social responsibility largely excludes legal obedience from the concept of social responsibility. An analysis of 37 of the most used definitions of CSR also shows “voluntary” as one of the most common dimensions.4 Put differently, corporate responsibility reflects the belief that corporations have duties beyond generating profits for their shareholders. -
Corporate Governance and Responsibility Foundations of Market Integrity
CORPORATE GOVERNANCE Spotlight OECD principles Corporate governance and responsibility Foundations of market integrity Bill Witherell, Head, OECD Directorate for Financial, Fiscal and Enterprise Affairs © Getty Images Good governance goes he recent spate of US corporate investment assessments followed by a sharp beyond common sense. It is failures and breakdowns in truthful market correction that spelt the end for a key part of the contract Taccounting has undermined people’s thousands of high-tech wannabes. Still, it is faith in financial reporting, corporate difficult to disentangle the negative effects that underpins economic leadership, and the integrity of markets the these two parallel developments have had on growth in a market economy world over. The fact that the wave of the confidence of investors. scandals has come hot on the heels of a and public faith in that collapse in the high-tech bubble has a sharp With the bursting of the high-tech bubble, system. The OECD ironic flavour. Both events have their roots in share values were written down and venture Principles of Corporate the heady days of stock market exuberance, capitalists took a bruising, as did many when anything was possible, from creating shareholders. That is the downside of Governance and Guidelines multibillion dollar companies with little committing resources to investments with a for Multinational more than an idea, an investment angel and high risk/high reward profile. But in the cases Enterprises are two a lot of faith, to believing that markets would of corporate misbehaviour, the public, buy any yarn a group of fast-talking employees and pensioners were deliberately essential instruments for executives could spin, even if to cover up misled. -
Supply Chain Social and Environmental Responsibility Is an Important Part of Our Business Relationships with Our Suppliers
2012 Corporate Responsibility Report ibm.com/ibm/responsibility/2012 Supply Chain Social and environmental responsibility is an important part of our business relationships with our suppliers. We work closely with them to encourage sustained improvement throughout our global supply chain and across various aspects of corporate responsibility. In this section you will find examples of how we set requirements for the companies we do business with, grow the global diversity of our supply base and collaborate with industry groups and stakeholders. IBM 2012 Corporate Responsibility Report 2 Contents Supply Chain ...........................................................................................3 Supplier Assessment and Improvement Plans............................................................6 Industry Collaboration..................................................................................12 Conflict Minerals .......................................................................................13 Supplier Diversity ......................................................................................14 IBM 2012 Corporate Responsibility Report / Supply Chain 3 Supply Chain With suppliers located in close to 100 countries, social and environmental responsibility is a major facet of our corporate responsibility efforts and we have incorporated this into our business relationships with our valued suppliers. IBM’s supply chain is a strategic asset that helps us deliver consistently high-quality goods and services to our customers -
Corporate Behaviour
CORPORATE BEHAVIOUR Sustainability Focus Report 2016 As a major international company in a controversial sector, we are focused on creating shared value for our business and society, while continuing to work to address the health impacts of our products. A strategic approach to sustainability Our sustainability agenda focuses on the three key areas which have the greatest significance to our business and our stakeholders. Harm Sustainable Corporate Reduction Agriculture and Behaviour We are committed Farmer Livelihoods We are committed to researching, We are committed to operating to the developing and to working to enable highest standards of commercialising less prosperous livelihoods corporate conduct risky alternatives to for all farmers who and transparency. regular cigarettes. supply our tobacco leaf. Performance across all three areas can be found in our annual Sustainability Summary report. In addition, we periodically produce individual focus reports on each area. At the end of 2014, we published two reports covering Harm Reduction and Sustainable Agriculture and Farmer Livelihoods. This 2016 report covers Corporate Behaviour which underpins every area of our business. In this report 02 MARKETING RESPONSIBLY 03 CONTRIBUTING TO COMMUNITIES 04 STRENGTHENING OUR APPROACH TO HUMAN RIGHTS 06 PROMOTING STANDARDS FOR VAPOUR PRODUCTS 08 SAFEGUARDING OUR PEOPLE 09 COLLABORATING TO TACKLE THE ILLEGAL TOBACCO TRADE 10 REDUCING OUR ENVIRONMENTAL IMPACTS 12 UPHOLDING HIGH STANDARDS OF CORPORATE GOVERNANCE www.bat.com/sustainability OPERATING TO THE HIGHEST STANDARDS OF CORPORATE CONDUCT Sustainability is one of the key pillars of This is reflected through the many industry-leading our Group strategy and I see it as crucial practices we have in place, such as our approaches to our long-term success. -
The Role of Moral Disengagement in Supply Chain Management Research
http://www.diva-portal.org Postprint This is the accepted version of a paper published in European Business Review. This paper has been peer-reviewed but does not include the final publisher proof-corrections or journal pagination. Citation for the original published paper (version of record): Eriksson, D. (2016) The role of moral disengagement in supply chain management research. European Business Review, 28(3): 274-284 https://doi.org/10.1108/EBR-05-2015-0047 Access to the published version may require subscription. N.B. When citing this work, cite the original published paper. Permanent link to this version: http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-34076 The Role of Moral Disengagement in Supply Chain Management Research Paper Type: Conceptual Structured abstract Purpose: To elucidate the role of moral disengagement in supply chain management (SCM) research, and challenges if the theory is to be used outside of its limitations. Design/methodology/approach: Conceptual paper based on how Bandura has developed and used moral disengagement. Findings: Moral disengagement can be used in SCM research. The theory is not to be applied to the supply chain itself, but SCM can be seen as the environment that is part of a reciprocal exchange that shapes human behavior. Research limitations/implications: The paper suggests a new theory to better understand business ethics, corporate social responsibility, and sustainability in SCM. Further, the paper outlines how the theory should be used, and some challenges that still remain. Practical implications: Originality/value: SCM researchers are given support on how to transfer a theory from psychology to SCM, which could help to progress several areas of the research field. -
Organizational Stakeholders, Management, and Ethics
PAR T I The Organization and Its Environment Organizational Stakeholders, CHAPTER Management, and Ethics 2 Learning Objectives Business and service organizations exist to create valued goods and services that people need or desire. Organizations may have either a profit or nonprofit orientation for the creation of these goods or services. But who decides which particular goods and services an organization should provide, and how do you divide the value that an organization creates among different groups of people such as management, employees, customers, shareholders, and other stakeholders? If people primarily behave self-interestedly, what mecha- nisms or procedures govern the way an organization uses its resources, and what is to stop the different groups within the organization from trying to maximize their own share of the value created, possibly at the detriment or expense of others? At a time when the issue of corporate ethics and management dishonesty and greed has come under intense scrutiny, these questions must be addressed before the issue of design- ing an organization to increase its effectiveness can be investigated. After studying this chapter you should be able to: 1. Identify the various stakeholder groups and their 4. Describe the agency problem that exists in all interests or claims on an organization, its activi- authority relationships and the various mecha- ties, and its created value. nisms, such as the board of directors and 2. Understand the choices and problems inherent stock options, that can be used to align man- in apportioning and distributing the value an agerial behaviour with organizational goals or organization creates. to help control illegal and unethical managerial behaviour. -
Next Generation Supply Chain: Supply Chain 2020
Supply Chain 2020 Next generation supply chain: Supply chain 2020 July 2013 Copyright © 2013, by McKinsey & Company, Inc. Next generation supply chain: Supply chain 2020 Knut Alicke Balaji Iyer 2 Next generation supply chain Supply chain 2020 3 Contents Acknowledgements 5 Introduction 7 1. Key trends shaping supply chains 9 2. Implications for the next generation supply chain 15 4 Next generation supply chain Supply chain 2020 5 Acknowledgements We would like to thank Sumit Dutta, a partner in our Mumbai office, and Muthiah Venkateswaran, an associate partner in our Chennai office, for their contributions to this whitepaper. We would like to thank Insa Mareen Wente, a consultant based in our Hamburg office; Kerstin Kubik, a knowledge expert based in our Vienna office; and Markus Leopoldseder, a director of knowledge (supply chain management) based in our Vienna office, for their contributions. We would also like to thank Vineeta Rai for the editorial support; Kulsum Merchant for the support in external relations; J Sathya Kumar and Nipun Gosain for their visual aids support. This whitepaper is not based on any primary research that we conducted; it synthesises our perspectives gained from past research and experience in serving multiple stakeholders of supply chains over many years. For the experience and perspectives, we acknowledge our supply chain practice without whose efforts this whitepaper could not have been published. Finally, we would like to thank the Confederation of Indian Industry (CII) and CII Institute of Logistics for the opportunity and the forum to provide our perspective on supply chain evolution. This work is independent and has not been commissioned or sponsored in any way by any business, government or other institution. -
The Crisis of Capitalism Through Global Value Chains
Class, Race and Corporate Power Volume 7 Issue 1 Article 2 2019 The Crisis of Capitalism Through Global Value Chains Ronald W. Cox Florida International University, [email protected] Follow this and additional works at: https://digitalcommons.fiu.edu/classracecorporatepower Part of the Political Science Commons Recommended Citation Cox, Ronald W. (2019) "The Crisis of Capitalism Through Global Value Chains," Class, Race and Corporate Power: Vol. 7 : Iss. 1 , Article 2. DOI: 10.25148/CRCP.7.1.008317 Available at: https://digitalcommons.fiu.edu/classracecorporatepower/vol7/iss1/2 This work is brought to you for free and open access by the College of Arts, Sciences & Education at FIU Digital Commons. It has been accepted for inclusion in Class, Race and Corporate Power by an authorized administrator of FIU Digital Commons. For more information, please contact [email protected]. The Crisis of Capitalism Through Global Value Chains Abstract Reprinted from Chapter Five of Ronald W. Cox, Corporate Power, Class Conflict and the Crisis of the New Globalization, Lexington Book, 2019 Transnational corporate power within global value chains has been a byproduct of features that have long been inherent to global capitalism. The first is a built-in tendency of capitalism owart d falling rates of profit that lead to structural crises within the system. The second is the increased concentration of capitalist ownership as a response to the falling rates of profit and the imperatives of capitalist accumulation. The third is an inherent tendency of capitalist owners of production to look to foreign markets and increased exploitation of workers as “solutions” to capitalist crises. -
The Supply Chain Manager's Handbook
THE SUPPLY CHAIN MANAGER’S HANDBOOK A PRACTICAL GUIDE TO THE MANAGEMENT OF HEALTH COMMODITIES 2017 JSI THE SUPPLY CHAIN MANAGER’S HANDBOOK A PRACTICAL GUIDE TO THE MANAGEMENT OF HEALTH COMMODITIES ABOUT JSI THE SUPPLY CHAIN John Snow, Inc. (JSI) is a U.S.-based health care consulting firm committed to improving the health of individuals and communities worldwide. Our multidisciplinary staff works in partnership MANAGER’S HANDBOOK with host-country experts, organizations, and governments to make quality, accessible health care a reality for children, women, and men around the world. JSI’s headquarters are in Boston, A PRACTICAL GUIDE TO THE MANAGEMENT Massachusetts, with U.S. offices in Washington, D.C.; Atlanta, Georgia; Burlington, Vermont; Concord, New Hampshire; Denver, Colorado; Providence, Rhode Island; and San Francisco, OF HEALTH COMMODITIES California. JSI also maintains offices in more than 40 countries throughout the developing world. RECOMMENDED CITATION John Snow, Inc. 2017. The Supply Chain Manager’s Handbook, A Practical Guide to the Management of Health Commodities. Arlington, Va.: John Snow, Inc. ABSTRACT The Supply Chain Manager’s Handbook: A Practical Guide to the Management of Health Commodities is the starting point for anyone interested in learning about and understanding the key principles and concepts of supply chain management for health commodities. Concepts described in this handbook will help those responsible for improving, revising, designing, and operating all or part of a supply chain. John Snow, Inc. (JSI) has written The Supply Chain Manager’s Handbook based on more than 30 years of experience improving public health supply chains in more than 60 countries.