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Opportunities in Building More Sustainable Supply Chains

Opportunities in Building More Sustainable Supply Chains

This video was recorded at MIT World Series: MIT Sloan 2008 Convocation. When a global corporation implements sustainability standards, it pays to work closely with supply chains, as these panelists attest. From his research, Richard M. Locke knows that the traditional methods of achieving decent labor conditions don't work well. When Locke examined years of records gathered by Nike and other companies concerned with employee treatment in overseas factories, he found the conventional compliance route -- auditing, policing and enforcement -- just hadn't brought about consistent improvements in child labor, or excess hours. What does work, Locke discovered, are collaborative approaches -- when the corporate buyer offers to show the way, sharing know-how and resources with its suppliers. For... Show More

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