Resilient Supply Chain Don't Let Your Brand Become a Headline: How to Combat Modern Slavery in Business
🎙️ Hey, folks! In today's episode of the Digital Supply Chain, we're diving deep into a topic that's affecting businesses and society alike—Modern Slavery. How do you know if your supply chain is clean and free from human rights violations? 🤔
I was thrilled to be joined by Ragini Bhalla and Steve Carpenter from Creditsafe, who pull back the curtain on the shocking prevalence of modern slavery, forced labor, and child labor within today's supply chains. They also share how new legislations are making it more than just a moral issue but also a legal one. 🛠️⚖️
🔍 Due Diligence is KEY!
Steve and Ragini emphasize that due diligence isn’t a “tick-box” activity. Companies that slack here are putting their reputation and bottom line at risk! Brands like Gap and H&M have faced backlash for violations in their supply chains. 😱
📊 Good for Business & Humanity!
Ragini eloquently points out how Corporate Social Responsibility (CSR) isn't just a humanitarian act. When done right, it positively impacts the bottom line. Win-win, right? 🌏💼
📈 Where to Start?
Feel overwhelmed? Steve's got you covered! From how to monitor your supply chain, to risk profiling and even choosing secondary suppliers, they've got tips that you can start implementing right now. 📋👨💻
🌐 Digital Solutions are Here!
Ragini emphasizes the role of digital and tech in this process. They both agree that you don't need to visit factories physically for audits. There's a plethora of online data to help you make better decisions. 🌐💻
📚 Want to Learn More?
Head to Creditsafe for a wealth of content and resources that can help you prepare for compliance.
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