Supply Chains, from the simplest to the most complicated form are exposed to a continuous and rapidly developed global environment, where following the law seems to be not enough to serve their purpose.
To feel confident about your supply chain, you need to build awareness around compliance, and compliance in the supply chain needs to be an functional business concern. Some of the steps below can help to support this goal:
For information specifically on what you can expect an Employment Agency to do to provide compliant labour supply, please click here.
To feel confident about your supply chain, you need to build awareness around compliance, and compliance in the supply chain needs to be an functional business concern. Some of the steps below can help to support this goal:
- Procurement & Risk expertise: Use your procurement and risk teams specialism (where applicable) to support you with the due diligence. They are the ones that, usually, would be aware of the latest information.
- Your Values: Try to understand what your stakeholders expect, what are your values as a business, and ask your supplier to comply with these, even if they are not legal requirements. For example, the Modern Slavery Act, as a law, requires businesses with a certain level of annual turnover and above, to comply and to issue a public statement about their current and future actions. Nonetheless, even if your suppliers are well below this turnover threshold, it would be ethical to ask them to provide a statement declaring that they do not support modern slavery practices in their business or supply chains. You can find more information on your Modern Slavery obligations here.
- Vigilance: Be vigilant in the selection of your suppliers. Ensure that there is a specific policy within your organisation regarding procurement, that is periodically reviewed and adjusted to new regulations and social expectations.
- Accurate data collection: Make sure that all the information you collect from the tools on our Managing a Supply Chain page (here) is accurate. This is the only way that you will be able to take corrective actions and decisions.
- Close relationships: Ensure that you are working very closely with your suppliers to identify and manage any potential risks.
For information specifically on what you can expect an Employment Agency to do to provide compliant labour supply, please click here.