Success Stories of Supply Chain Responsibility

RE-SOURCING Project Consortium

Success Stories of Responsible Supply Chains – Workshop and Networking Event, Sept 22, Vienna (Austria) (image source: iStock.com/Rawpixel)

Wirtschaftsuniversität Wien

In today&#x27;s business landscape, responsible supply chains and due diligence are more crucial than ever. Germany and France already implemented regulations that enforce supply chain responsibility and the European Union is currently preparing a directive on supply chain due diligence. Many companies perceive this as an additional burden and fear about their global competitiveness. However, there are other companies, who took the lead and turned responsibility into a strategic success factor.Frontrunners in supply chain responsibility are working more closely with their strategic suppliers, understanding their competitive situation and technologies, and collaborating with them on improvements that no company could achieve on its own without active engagement with its supply chain. Because they have an overview of their entire supply network, they can develop it and make it more resilient. For example, some have invested in suppliers and moved production back to Europe. This reduces complexity, secures supply of raw materials and intermediates, simplifies communication and increases responsiveness. It also makes them more attractive to their customers by making them more reliable and responsive.The Institute for Managing Sustainability analyzed 12 cases of highly successful supply chain responsibility. The key results of this study, which was funded by the Austrian Ministry of Labour and Economy will be presented at a workshop and networking event on Sept 22 at the Vienna University of Economics and Business. At this event you will •	Explore how highly successful companies understood responsibility as a strategic success factor and developed innovative solutions•	Gain insights into the business case of responsible supply chain management and learn how leadership pays off•	Discuss how you can successfully implement similar measures in your companyPlease note that this workshop will be held in the course of the RE-SOURCING Conference at the Vienna University of Economics and Business from 21-22 September at the Vienna University of Business and Economics and that places are limited.

Success Stories of Supply Chain Responsibility

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Success Stories of Supply Chain Responsibility

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