Tackling client late payments: The Fair Payment Code and new Bill
The relationship between suppliers and their customers is of crucial importance for many businesses, but for these partnerships to endure, they must be mutually beneficial. We are often asked to analyse supply chain ESG risks and produce responsible procurement plans and policies. Naturally these projects tend to focus on what suppliers are expected to do – abide by Codes of Conduct, offer whistleblowing services, etc. – but the other side of the coin is what companies can do
How to use country ESG risk to understand supply chain risks
We’ve recently worked with a client to define an approach to the responsible sourcing of goods from across the world. As we described in an article last year, ‘The 5 steps to more responsible procurement’, this isn’t easy to do because of the huge range of items and services that most businesses buy. However, before leaping in with supplier questionnaires, codes of conduct, and contractual clauses, there is a more fundamental question to ask which can help to tell you a bi
Hidden supply chain ESG risks and how to mitigate them
A summary of key supply chain ESG risks and the practical next steps you can take to start managing these.