Report: Supply Chain Responsibility Delivers Tangible Results
Implementing socially responsible initiatives across supply chain helps companies reduce costs, build brand and achieve compliance objectives, according to a new viewpoint released by The American Chamber of Commerce in Shanghai. The Viewpoint, The China CSR Imperative: Integrating Social Responsibility into the China Supply Chain provides a breakdown of best practices from three key components of the supply chain with content provided by Kong and Allan Consulting.
"Integrating socially responsible practices into companies' supply chain management has multiple benefits. Our latest Viewpoint clearly shows that companies who are successfully doing so curb rising costs while achieving regulatory compliance objectives and building strong brands, as well as contributing to sustainable development in China," said Brenda Foster, president of AmCham Shanghai. "AmCham Shanghai member companies set great examples in this area. We applaud their efforts and hope their practices will be emulated by a wider range of companies in China."
Bradley A. Feuling, Chair of the AmCham Shanghai Sourcing and Procurement Committee, and CEO of Kong and Allan Consulting noted, "Many companies must recognize globally that their supply chains impact numerous communities in China. By integrating socially responsible and sustainable practices into the China supply chain, these companies will significantly improve their success in China and around the world, through increased government and customer brand support. Importantly, combining CSR and supply chain can also offset increasing costs, ensuring that the supply chain itself remains viable.”
Click here to download AmCham Shanghai's Viewpoint, The China CSR Imperative: Integrating Social Responsibility into the China Supply Chain. Visit www.amcham-shanghai.org/viewpoint for the 2011 Viewpoint publications.
