Date: 2024-12-13 Page is: DBtxt003.php txt00009290 | |||||||||
LinkedIn Dialog | |||||||||
Burgess COMMENTARY | |||||||||
CSRwire, The Corporate Social Responsibility Newswire 10,323 members Member Kelly Eisenhardt Unfollow Kelly It's important companies understand not only the dynamics and inner workings of their supply chains, but also the political and historical context of the regions from which they source. Kelly Eisenhardt Managing Director, BlueCircle Advisors CSRwire Talkback csrwire.com 'Complying with Supply Chain Transparency: Underlying Issues Lead to Regulation Backlash' blog post by Kelly Eisenhardt. Like (3) Comment (3) Unfollow Reply Privately12 months ago Comments Aman Singh, Jack Wysocki and 1 other like this 3 comments Peter Burgess Peter Burgess Founder/CEO at TrueValueMetrics developing Multi Dimension Impact Accounting Thanks Kelly ... a very good Q&A ... a lot to think about. The worst part of the article is the title which understates the depth of the conversation. One of the (many) interesting points was the idea that the supply chain is only influenced to a rather limited extent by the behavior of retail customers because further back in the supply chain, the economic actors are operating in a global space where retail actors have no influence. In response to this particular point I would argue that customers will have an impact when customers have easy access to information about the supply chain. As the PUMA environmental profit and loss account showed, the deep supply chain does have a bigger impact on people and environment than the final manufacturing and distribution steps ... and it does become possible to with modern IT to start getting up to speed with respect to data about people and environmental abuse deep into the supply chains. My own feeling is that it is going to be customers at retail that will drive change in supply chain behavior, rather than either the retail stores or the consumer goods manufacturers. Everything changes when customers make decisions with their money. Peter Burgess - TrueValueMetrics Multi Dimension Impact Accounting Delete 11 months ago Kelly Eisenhardt Kelly Kelly Eisenhardt Managing Director, BlueCircle Advisors Thanks for adding your thoughts, Peter. I agree with you regarding customers having access to important decision making data. The challenge is that supply chains are dynamic and change often, as do global compliance requirements and we have yet to see an IT system that can adapt quickly to these changes and still roll decision making data up and down the supply chain completely from the raw material markets to the purchasing customer. Maybe this article will inspire a software company to take the challenge on? Like Reply privately Flag as inappropriate 11 months ago Awinash Dulip Awinash Awinash Dulip Consultant HSE at Autoridade Nacional do Petróleo of Timor-Leste. Author of 'BSome' Thinking With You... Kelly and Peter excellence question. In mature economies and markets your thoughts seem right however, in emerging economies and markets like Africa it needs to be seen as your said from political and historical context of the regions from which they are out-source. The context is more from the permit /permission to operate point of view and conditions thereof rather than customers at retail and consumer goods manufacturers. There are very critical issues on local content, employment, capacity development and competence, labor laws and compensation. Fact remains a Challenge in getting the right mix for reporting. ! Like Reply privately Flag as inappropriate 11 months ago |