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    Social Responsibility in Supply Chain Management: Naveen Kumar 11-MEU-067

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    Jhajhariya Naveen
    This document discusses social responsibility in supply chain management. It defines social responsibility as corporate policies and procedures designed to benefit workplaces and communities. It explains that social responsibility is important for several reasons, including new regulations, community awareness, employee retention and productivity. The document then outlines seven principles of social responsibility: community, diversity, environment, ethics, financial responsibility, human rights, and safety. It concludes that socially responsible companies comply with laws, increase reputation, and enhance stakeholder well-being.

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    Social Responsibility in Supply Chain Management: Naveen Kumar 11-MEU-067

    Uploaded by

    Jhajhariya Naveen
    47 views14 pages
    This document discusses social responsibility in supply chain management. It defines social responsibility as corporate policies and procedures designed to benefit workplaces and communities. It explains that social responsibility is important for several reasons, including new regulations, community awareness, employee retention and productivity. The document then outlines seven principles of social responsibility: community, diversity, environment, ethics, financial responsibility, human rights, and safety. It concludes that socially responsible companies comply with laws, increase reputation, and enhance stakeholder well-being.

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    Social Responsibilty in SCM

    Original Title

    SCM

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    This document discusses social responsibility in supply chain management. It defines social responsibility as corporate policies and procedures designed to benefit workplaces and communities. It explains that social responsibility is important for several reasons, including new regulations, community awareness, employee retention and productivity. The document then outlines seven principles of social responsibility: community, diversity, environment, ethics, financial responsibility, human rights, and safety. It concludes that socially responsible companies comply with laws, increase reputation, and enhance stakeholder well-being.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    47 views14 pages

    Social Responsibility in Supply Chain Management: Naveen Kumar 11-MEU-067

    Uploaded by

    Jhajhariya Naveen
    This document discusses social responsibility in supply chain management. It defines social responsibility as corporate policies and procedures designed to benefit workplaces and communities. It explains that social responsibility is important for several reasons, including new regulations, community awareness, employee retention and productivity. The document then outlines seven principles of social responsibility: community, diversity, environment, ethics, financial responsibility, human rights, and safety. It concludes that socially responsible companies comply with laws, increase reputation, and enhance stakeholder well-being.

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    You are on page 1of 14

    Social Responsibility

    in
    Supply Chain Management
    NAVEEN KUMAR
    11-MEU-067

    What is Social
    Responsibility?
    A framework of measurable
    corporate policies, procedures, and
    resulting behavior that are designed
    to benefit the workplace and, by
    extension, to benefit the individual,
    the organization, and the community
    in terms of community, diversity,
    environment, ethics, financial
    responsibility, human right, and
    safety. -Institute for Supply

    Why Social Responsibility?


    New Government Regulation
    Take Back Laws
    Lead in Computers
    Hazardous Waste

    Increased Community Awareness


    Sweatshops
    Child Labor

    Continued

    Increased Retention of Employees


    Increased Productivity and Quality
    Enhanced Reputation and Image
    Reduces Operating Costs
    Creates Long Term Value
    Anticipates Challenges
    Reduces Risks

    7 Principles of Social Responsibility

    Community

    Provide support and add value to


    communities and communities of
    your supply chain
    Encourage members of supply
    chain to add value in their
    communities

    Ex. Wal-Mart

    Diversity

    Promote purchasing from and the


    development of socially diverse
    suppliers
    Encourage diversity with in your
    organization
    Promote diverse employment
    practices throughout the supply
    chain

    Ex. Apples Supply Diversity

    Environment

    Encourage your own organization


    and others to be proactive in
    examining opportunities to be
    environmentally responsible within
    their supply chains
    Encourage Environmental
    responsibility of your suppliers
    Encourage environmental
    development within company

    Ex. Herman Miller

    Ethics

    Abide by your organizations code of


    conduct
    Awareness of ISM principles
    Awareness of Ethical SCM conduct

    Ex. Nike

    Financial Responsibility

    Become knowledgeable or, and follow,


    applicable financial standards and
    requirements
    Promote and practice responsible
    financial behaviors at all levels of supply
    chain
    Apply sound financial practices and
    ensure transparency in financial dealings

    Ex. Enron

    Human Rights

    Dignified and respectable treatment of


    others
    Support and respect the protection of
    international human rights within the
    organizations sphere of influence
    Encourage your organization and its
    supply chain to avoid complicity in
    human or employment rights abuses

    Ex. HP

    Safety

    Promote safe environment for


    employees and supply chain

    Provide a definition of safe for your


    organization

    Support continuous development


    and diffusion of different safety
    practices within your organization
    and your suppliers
    Ex. HP

    Benefits of SR

    Customers

    They are given preferred status to


    those suppliers that have solid policies
    and procedures in places around social
    responsibility

    Investors

    Investors are finding that companies


    with socially responsible core values,
    policies and procedures

    Conclusion
    Companies that are socially
    responsible are ones that comply
    with laws and regulations while
    increasing their reputation.
    This reputation is achieved by
    enhancing the well-being of all
    stakeholders, increasing profitability
    and customer satisfaction.

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