Enforcing Conflict Minerals and Modern Slavery Regulations via SRM
Introduction: The Ethical Imperative of Responsible Sourcing In today’s globalized world, ethical sourcing is no longer optional—it’s a mandate. With increasing scrutiny from regulators, consumers, and investors, businesses are under pressure to ensure that their supply chains are free from conflict minerals and modern slavery. Supplier Management plays a pivotal role in enforcing these standards,…
compliancequest
How Automotive Companies Can Improve Supplier Management Efficiency
Introduction The automotive industry thrives on efficiency, precision, and speed. With global supply chains and complex component sourcing, effective Supplier Management can make or break operational success. Implementing best practices and using purpose-built Supplier Relationship Management Software is vital for maintaining competitive advantage and ensuring regulatory compliance. Digitalize Supplier Onboarding Manual onboarding is time-consuming and…