While it has long been known that corporations face reputational risk related to their own operations and the behaviour of their employees, they are increasingly being held to account for the operations and behaviour of their suppliers as well – a fact recently brought home by the collapse of the Rana Plaza garment factory building in Bangladesh. Research Fellow Amanda Moss Cowan looks at the implications.
[This article has been reproduced with permission from Said Business School, University of Oxford. The article originally appeared in the School e-magazine, THEWORLD@OxfordSaid. http://www.sbs.ox.ac.uk]
A very interesting and pertinent perspective to managing risks within global supply chains. The global nature of today\'s retail supply chains demand a more strategic approach than today\'s prevalent operational controls. Be it the horse meat issue or the plight of workers in Bangladesh, visibility and traceability practices are very important outposts in global sourcing. I had shared similar thoughts on this subject from a broader context of sourcing risk management strategies which was published in the July edition of Images Retail magazine. http://www.slideshare.net/cjoe79/reputational-risk-within-retail-supply-chains Regards, Shijo
on Sep 7, 2013