the company should start with letter 'F' Project Scope: You and are purchasing employees at ABC Company,
Question:
the company should start with letter 'F' Project Scope:
You and are purchasing employees at ABC Company, a mid-size product manufacturer located in Kitchener, Ontario, with customers across Canada and worldwide. You have recently returned from a three (3) day business conference on Corporate Social Responsibility (CSR), where the theme centered on global customers' interest in the CSR policies and practices of the companies they purchase products from (i.e., their suppliers). The conference focus was on how thepurchasingfunction needs to be a keycontributor and supporterofCSR.
You are aware that your employer, ABC Company,is in the process of developingnew CSR policies, but none of you areinvolved in the project to date. In your weekly meeting with theChief OperatingOfficer (COO), you discussthe various concepts recentlyintroducedto you at the conference andask for the purchasing team tobecomeactively involvedin thedevelopment of ABC Company's CSRinitiatives from now on.
The COO is tremendouslyimpressed with your enthusiasm and asks you to preparea report summarizing your ideas, including a benchmarking analysis and comparison withawell-known,publicly held manufacturer (i.e., the company should start with letter 'F'). Your report will substantiate why the purchasing function should alwaysbe apartof the CSR planning process.
Key areas of your benchmarking research and analysis should include (but are not limited to):
- Research & identifythe published CSRvaluesof your assigned organization and identifythe role you believe the purchasing team plays in eachofthosevalues (the company should start with letter 'F').
- Research & identify any known contradictions to those published values.
- Do the organization's overallvision and publishedmission statementcorrelate totheCSRvalues? Whyor whynot.
- Discuss if theorganization has an ethical statementor mandate for theiremployees and their suppliers. If so, how well doesit correlate with the published ethical purchasing guidelines fromwell-known purchasingassociations?
- Discuss BOTH the benefits anddrawbacks thatthe assignedorganization's CSR initiatives mayhave ontheirpurchasingdepartment regarding supplier screening,strategic sourcing,andmaintainingethical standards.
- Describe all the elements of the "Three Pillars of Social Responsibility" (People, Profit, and Planet) thatimpact the purchasing department'ssourcing activities related toyourassigned company's CSR values (the company should start with letter 'F').
- Based on your benchmarking findings, discuss why you believe the purchasing departmentshould always be apartofdevelopingacompany'sCSRvalues and policies.
What are some ways this companies SCM team can improve sustainability? What are some KPIs that can be introduced and how will they help?