Companies with international business operations are increasingly held accountable not only for their own performance but also for the performance of their international supply chain, including the working conditions of factories in which a product is manufactured.
If a company or brand becomes associated with below standard working environments or human rights violations, it risks negatively impacting brand value, image, and market opportunities.
In today's highly competitive consumer market, retailers and buyers need a vendor base that will partner with them to meet all aspects of production, from design and quality to product life cycle times and delivery requirements. However, how does a retailer or buyer effectively select new partners? Monitor the progress of existing vendors? And effectively work with vendors to keep the focus on quality over time?
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