SUSTAINABLE SOURCING
“ People used to think that sustainability was only for luxury companies . In the last 12 months , we have seen this shift substantially ”
PIERRE-FRANCOIS THALER CO-FOUNDER AND CO-CEO OF ECOVADIS
In a globalised world − and now a virtual one − strong relationships with supply partners can be built across time zones and borders . While excellent for public image , Bureau believes that building strong relationships across a diverse supply base mitigates potential problems .
“ It reduces your risk ”, he explains . “ If you ’ re global , it will have a real effect on business continuity and operational efficiency .”
But a ‘ diverse ’ supply base has two meanings . A geographically diverse supply base has a range of different locations , all working in unison and able to pick up for each other when delays or disruptions occur . It also refers to a supply base with
114 June 2021