The official line coming out of Covid-hit Shanghai is that business is returning to usual despite the ongoing lockdown, yet hundreds of manufacturers in the city aren’t operating at anywhere near to full capacity, if they’re up and running again at all.
Even before the COVID-19 pandemic underscored the critical skills gap across the procurement and logistics landscape, a report by the American Productivity & Quality Center put a pin in the talent shortages facing today’s industry professionals.
The push for sustainable and socially responsible supply chains has increased with pressure from governments, investors and consumers, and companies that chose to respond quickly are already seeing the benefits.
ESG initiatives need to be executed in the right order to realize environmental, social and economic benefits. There’s no better place to start than with a clear-eyed view of spend categories.
The supply chain industry’s failure to meet workers’ needs, protect employees and prioritize employee-centric working conditions across multiple touch points is the next crisis to tackle on the path to real recovery.
