Supply Chain Management Ethical and Social Practices
ABSTARCT :
In today’s globalized economy, supply chains have grown tremendously in complexity, spanning multiple countries and involving countless suppliers, manufacturers, and distributors. This expansion has brought about significant challenges and responsibilities for organizations to ensure their supply chains are not only efficient and cost-effective but also ethical and socially responsible. The study of ethical and social practices in supply chain management has gained critical importance as businesses recognize their role in influencing labor conditions, environmental impact, and community well-being far beyond their immediate operations.
Ethical supply chain management involves adherence to principles such as fairness, transparency, respect for human rights, and accountability at every stage of the supply chain. It requires companies to go beyond legal compliance and proactively ensure that suppliers uphold labor standards by preventing child labor, forced labor, discrimination, and unsafe working conditions. Moreover, social practices in supply chains address issues such as equitable wages, workers’ rights to organize, and the promotion of diversity and inclusion within the workforce. Environmental responsibility is another vital dimension, as companies strive to minimize pollution, reduce waste, and use sustainable resources to mitigate their supply chains' ecological footprints.
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