They have also become the focus of growing attention from a number of outside stakeholders seeking information that contains and frequently transcends what the firm is legally obliged to reveal while international supply chains are expected to be slim, agile and sustainable. In this specific article, the writers discuss the pressures on businesses to divulge the kinds of supply chain advice commonly made accessible to the general public, the drivers and impediments to such disclosure, and supply chain advice. The article identifies the comprehensive disclosure strategies companies may use to release offers managers and supply chain info guidance on designing the optimal disclosure strategy for their company.
What's Your Strategy for Supply Chain Disclosure Case Study Solution
In contemplating how to handle supply chain information disclosure, the writers argue that managers must value the diverse powers and celebrities enabling and driving this trend. Aside from internal governance and risk concerns, external pressure has come from government regulations, best practices of peers, shifting expectations from prominent stakeholder groups, and naturally, outside events (such as the 2013 Rana Plaza garment factory fall in Bangladesh). The authors notice that enhancing transparency may be expensive. The shortage of standardized reporting systems, the absence of a common technology platform, ill-defined standards, plus a deficiency of supplier instruction may also pose serious hindrances to companies wishing to enhance their supply chain transparency. The authors identify provenance of substances, supply chain membership, environmental advice four common types of supply chain information that will be openly revealed, and data on social impacts for example working conditions. The writers say without undermining the competitive advantage of their business managers must understand the demands and respond in creative and meaningful ways. Guidance and the instruments presented in the article can help managers navigate this evolving and complex area.
PUBLICATION DATE: January 01, 2016 PRODUCT #: SMR547-PDF-ENG
This is just an excerpt. This case is about STRATEGY & EXECUTION
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