Procurement Magazine July 2024 | Page 92

STRATEGIC SOURCING
help factory workers access safe and accessible childcare , all while solving labour shortage issues .
“ Funded through ESCP by suppliers and their customers , it has enabled those with manufacturing facilities to significantly increase worker retention and recruitment rates , as well as workermanagement trust ,” Carmel added .
“ Not only do initiatives like these positively impact workers ’ lives – they also help increase suppliers ’ profitability and improve their delivery and quality performance .
“ One of the first Buyer members of Ethical Supply Chain Program , a leading toy company , shared previously that supplier relationship management and working with ESCP “ is not about saying , we won ’ t work with this factory anymore . Instead , it ’ s all about corrective action . It is best for us , as there ’ s minimal supply chain disruption , and it ’ s best for the supplier , as partnering and improving the conditions in the factory means they ’ re better set up for future success .”
Another company enlisted is Dorling Kindersley , the British multinational publishing company specialising in illustrated reference books for adults and children . Shaun Hodgkinson , Chief Operating Officer said the company is committed to ethical and responsible sourcing of its operations worldwide . The company aligned with the ESCP since 2008 and became full buyer members in 2017 , and has made ESCP certification a mandatory requirement where it can .
“ Partnering with ESCP provides us with practical real-time tools and resources which help us to manage , mitigate , and remove ethical risks at factories within our global supply chain ,” Shaun adds . “ Membership provides us with essential oversight and visibility of culture and conditions within the operations of our supply chain partners . It assures labour standards within our factories , going beyond audit to strengthen supplier engagement and build capacity and understanding to assess root causes and address issues and challenges .”
“ Our values centre around customers , collaboration , and creativity – and ESCP perfectly align with this strategy .
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