Resilient and Responsible Global Supply Chains - Forum on Business and Human Rights 2023
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01:19:33
Broadcasting UN Entity
Summary
Day 1 (Room XXVI) - Resilient and Responsible Global Supply Chains: Are Partnerships the Answer? - 12th United Nations Forum on Business and Human Rights 27 - 29 November 2023
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Brief description of the session:
Key objectives of the session:
View moreView less- It is common for global retailers to engage in transactional or indirect relationships with their suppliers in the global South. These are characterized by short-term interactions with several suppliers based on maximizing cost and order volumes with little commitment to future business and longer-term relationships. Research has shown, however, that a partnership or direct relationship model can create better business opportunities for both sides, as well as contribute to better labor rights. This panel presents research that examines the steps needed to enter into a partnership model and what the advantages might be for every layer of the supply chain. The panel will discuss whether COVID-19 was the tipping point for global brands that may have already been thinking about switching to a direct sourcing model by consolidating their supply chain and committing to longer-term sourcing relationship.
- This session will cover recent trends, such as the fact that global retailers are currently making changes to their business model due to the realization that the "just in time" manufacturing is not sustainable in the long term. Panelists will present a roadmap to understand the advantages of the partnership model for all stakeholders involved, how to establish a true partnership, the potential risks involved, and how to mitigate these risks. The panel will touch on the challenges and benefits of moving towards this model for global retailers, suppliers, and ultimately workers who are the most vulnerable at the bottom of these supply chains.
Key objectives of the session:
- Present research on partnership models.
- Examine global trends and factors that affect value chains.
- Discuss challenges and benefits of partnership and direct relationship models.
- Present a roadmap or key steps to create a sustainable and meaningful partnership.
- Auret van Heerden
- Fernanda Carvalho
- Sanchita Banerjee Saxena
- Dijana Mozina Zupanc
- Abrar Sayem
- Payal Jain
- Dan Rees