With the Dodd-Frank Act’s conflict minerals legislation coming into effect, many companies are working hard to create ethical frameworks in their supply chains. Supply Chain Brain recently highlighted the work of HP in this regard. HP is an example of a company who has been diligently working on sustainability and ethics for at least a decade. Clearly ethical practices and transparency across the chain are needed. Companies and individuals can make the difference in how safe and fair our supply chains can be. This report looks at why this has become so important and how to proceed.
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ESG investment claims to leverage financial markets in service of society and to reduce company risk. However, considerable doubts have been expressed about how effective ESG indices and investment actually are in driving meaningful changes. How can investors make informed investment choices to further their lofty goals? Data and reporting frameworks are the mechanisms to link ESG action to impact. Addressing inaccuracies and greenwashing in data and reporting can deliver the substantial potential value to financial risk and social value of ESG investment.
This article series looks at the potential opportunities of ESG investment – both for profitability/shareholder value and the social good. Environmental, social, and governance activities and investments have grown exponentially in recent decades.
We look at the various goals of legislation and regulations for supply chains, products, and corporate responsibility across the globe. This includes regulatory goals such as anti-counterfeiting, recall efficiency, anti-slavery, GHG emissions reduction, defunding conflicts, restricting harmful substances in products, biodiversity, circular economy, and anti-corruption.
A comparison of market-driven vs. regulatory vs. laissez-faire environmental policies—the benefits and costs of compliance, flexibility for companies, risks, and the current environmental market policy landscape. Environmental markets promise more efficient allocation of social costs and benefits compared to traditional regulatory policies. However, determining the best policy requires consideration of numerous dimensions of the various policy approaches.
What are the costs and benefits of market-based environmental policies and how are they relevant to supply chain leaders? Public policy outcomes addressing ‘tragedy of the commons’ issues affect supply chain operations, and the decisions supply chain practitioners make. Here, we explore the pros and cons of market-based policies compared to other approaches to environmental policy.
We examine strategies and techniques for making near-term reductions to carbon emissions from transportation, such as improving driving behavior and vehicle performance, minimizing and optimizing returns, increasing first-attempt delivery rates, consolidation and mix-mode strategies, integrating private fleet with purchased transportation, and forecast accuracy and inventory optimization for hyperlocal distribution.
The Russo-Ukrainian war has put into focus the question of the proper role for responsible enterprises in response to abuses by authoritarian regimes. Here we look at some of the challenges and solutions to managing an ethical supply chain.
Here we assess Mercado’s supply chain network/platform for connecting retailers with suppliers, forwarders and brokers, carriers, and other service providers in the order-to-delivery process for imports. We also cover Zencargo’s solution for mid-sized retailers who are doing significant importing and seek control tower capabilities combined with freight forwarding services.
We explore the use of AI and machine learning in optimizing pricing and promotions to reduce markdowns, increase sales and profit margins, and maximize various other objectives.
This series explores the many supply chain-related use cases of AI, starting with pricing and promotion