Greenstone, in partnership with Ardea International and the University of Westminster Business School, is hosting a webinar on the value and impact of Supplier Codes of Conduct on Thursday 12th November at 4pm GMT.
A code of conduct is a set of guidelines for suppliers that defines the company’s relationship with a supplier and lays out the behavioural and procedural standards required of them. It is a voluntary document from the company’s perspective, but it is often mandated as part of their contract that suppliers agree to the terms and principles laid out in the code.
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Supplier Compliance ,
Supply chain sustainability ,
SupplierPortal
Understanding risk and compliance across your supply chain is now essential for any business. By successfully measuring and understanding supplier compliance can ensure that risks are identified, managed and mitigated.
Below, Greenstone outlines five key steps to help you shape your supplier due diligence process to ensure that you are managing your suppliers effectively.
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Supplier Compliance ,
Supplier Data ,
SupplierPortal
Greenstone is pleased to announce a new partnership with procurement consultancy Grippr. Based in The Netherlands, Grippr works with organisations to optimise their procurement processes through a blend of expert guidance and the appropriate use of technology and software.
Using Greenstone’s SupplierPortal, Grippr’s clients are now able to manage, report and analyse supplier information through one central online platform. SupplierPortal provides organisations with a single point of transparency across their supplier network, ensuring that compliance, contracts, and risk can be managed seamlessly.
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Supplier Compliance ,
SupplierPortal
For many organisations the supply chain is becoming an increasing area of focus, and this is not just because of the increasing risks posed by more global and complex supply chains, but also due to the opportunities presented.
In recent years there has been increased scrutiny placed upon those organisations whose supply chains contain sub-standard suppliers, producers or factories. Whereas previously issues with working conditions, for example, may have been directed at employers or owners, the new norm is that those at the top of the supply chain should be exerting a more positive influence.
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Supplier Compliance ,
Supplier Management ,
SupplierPortal ,
supplychain
Eurostar is the only high-speed railway service connecting London with Avignon, Brussels, Lille, Lyon, Marseille and Paris. All its trains traverse the Channel Tunnel between the United Kingdom and France. Since it started in 1994, Eurostar has carried over 150 million passengers across the Channel.
The challenge
As a business working across a range of destinations for over twenty years, Eurostar has always had a strong sense of responsibility to the environment and the communities in which it operates.
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Supplier Compliance ,
Supplier Data ,
Supplier Relationships ,
Supplier Management ,
SupplierPortal
Greenstone, a leading provider of sustainability, supply chain and ESG software solutions, is updating its SupplierPortal software to make it even easier for clients to manage their suppliers. We have listened to client feedback and seen the increasing need for all-encompassing supplier management processes and software.
The result is the introduction of more ‘Buyer’ (client) functionality, which will ensure that all suppliers and contracts can be managed in one place, and a risk-based approach can be applied to the gathering and analysis of specific supplier information.
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Supplier Compliance ,
Supplier Data ,
Supplier Management ,
SupplierPortal ,
supplychain
Earlier this year, Greenstone conducted extensive research to understand how companies are identifying and mitigating supply chain risk.
The survey asked 1000 senior decision makers about their perception of supply chain risk. It found that increasing global focus and the impact of regulation has resulted in a growing business requirement for supplier due diligence processes.
The results will now be shared during a complimentary online webinar. The webinar will be held on two dates at the start of November, and will explore how companies are reacting to the increased scrutiny placed on their third party relationships. It will also highlight the five key steps organisations can take now to successfully address supply chain risk and ensure supplier compliance.
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Supplier Compliance ,
Supply chain sustainability ,
SupplierPortal ,
supplychain
In the current non-financial reporting landscape there is a heightened focus on understanding your supply chain. As a result, organisations are increasingly evaluating the performance of their suppliers against a wide spectrum of non-financial criteria and monitoring the associated risks.
In order to better understand what is driving this behaviour and how companies are identifying and mitigating supply chain risk, Greenstone conducted the State of Supplier Management 2016 survey.
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Supplier Compliance ,
Supplier Data ,
Supplier Management ,
SupplierPortal ,
supplychain
Your organisation may already be collecting supplier information offline, for example through a spreadsheet or survey, so what are the key benefits of moving this activity online and what should you consider before doing so?
What are the main benefits of moving to an online process?
• Instant global scalability, enabling 100% supplier coverage
• Easy visibility of supplier compliance and risk
• Save time and cost associated with collection and management of large quantities of information
• Enable detailed analysis to ensure information is meaningful
• Consolidate all supplier information requirements in one place
• Access supplier information at the touch of a button
• Improve compliance through making process efficient and user friendly for suppliers
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Supplier Compliance
A recent piece of research by Ernst & Young indicated that only half of British businesses ask their suppliers about their anti-bribery and corruption (AB&C) policies.
With the increase in legislation, public ethical expectation, and the spotlight on supply chains, it is now time for companies to take a more proactive approach and ensure that supplier AB&C performance is not an issue.
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Supplier Compliance