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Ethical Sourcing in Supply Chains
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Flashcards
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Supplier Selection
Ensuring suppliers adhere to ethical labor practices and environmental standards.
Material Traceability
Establishing clear provenance of materials to prevent supporting unethical practices.
Conflict Minerals
Avoiding the use of minerals that finance armed groups and contribute to human rights abuses.
Living Wages
Ensuring workers in the supply chain are paid a wage adequate to afford a decent standard of living.
Child Labor
Preventing the exploitation of children in the supply chain.
Environmental Sustainability
Procuring goods in a way that minimizes environmental degradation.
Worker Safety
Providing a safe working environment for all individuals in the supply chain.
Subcontracting Transparency
Ensuring visibility into subcontractors used by suppliers to prevent unethical practices.
Anti-Bribery and Corruption
Preventing corruption in procurement processes, such as kickbacks or illicit payments.
Animal Welfare
Ensuring that animal-derived products are sourced from suppliers that treat animals humanely.
Fair Trade Practices
Trade that contributes to sustainable development by offering better trading conditions to marginalized producers and workers.
Intellectual Property Rights
Respecting and ensuring the protection of intellectual property in the supply chain.
Diversity and Inclusion
Promoting a diverse supplier base inclusive of different demographics and backgrounds.
Forced Labor and Human Trafficking
Eliminating all forms of forced labor and human trafficking in the supply chain.
Transparency and Reporting
Openly communicating supply chain practices and progress towards ethical sourcing.
Local Sourcing
Supporting local economies and reducing carbon footprint by sourcing closer to the point of sale.
Product Lifecycle
Considering the ethical implications of a product through its entire lifecycle, from sourcing to disposal.
Data Protection
Safeguarding the transfer and storage of sensitive data within the supply chain.
Continuous Improvement
Engaging in ongoing efforts to optimize supply chain sourcing for ethical practices.
Stakeholder Engagement
Involving and considering the interests of all stakeholders influenced by sourcing decisions.
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