Delivering Customer Value through Procurement and Strategic Sourcing: A Professional Guide to Creating A Sustainable Supply Network by Yusen L. Xia & Walter L. Wallace

Author:Yusen L. Xia & Walter L. Wallace [Yusen L. Xia]
Language: eng
Format: epub
Tags: Business, Business Communication
Publisher: PH Professional Business
Published: 2014-11-20T16:00:00+00:00

Map Your Supply Chain

Many companies do not have a comprehensive understanding of the sustainability impacts of their supply chain. An early step is to inventory suppliers, identify the most significant environmental and social challenges they have, and prioritize efforts with suppliers. New Balance Athletic Shoe, Inc., reduced the number of suppliers it does business with, in part based on performance against sustainability criteria. The company reduced its footwear supply chain by 65 percent and is focused on forming strong, positive partnerships with its suppliers. Several criteria that may be helpful for prioritizing suppliers include level of spending, importance to business continuity, and geographical location as a proxy for risk.

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