Our Responsible Sourcing Solutions
iPoint’s software enhances your supply chain management and gives you greater visibility and control throughout your supply chain. It helps you identify and mitigate the risks of negative impacts like inadequate labor conditions or environmentally damaging sourcing practices, thus protecting your brand reputation.
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How to collect information from your supply chain
When it comes to collecting information from your supply chain, having certain industry standards, such as the Conflict Minerals Reporting Template (CMRT) is very helpful. However, how do you collect information where a standard may not exist? In this video you will learn how you can use iPoint Supply Chain Survey to collect critical information from your supply chain.
Homeland Security and Your Supply Chain
The US Department of Homeland Security is committed to enforcing laws against human trafficking and forced labor. What does their new "strategy" document means for you and your company?
Source responsibly
iPoint Conflict Minerals
Cobalt, EU-3TG and Sanctioned Entities – Why you should establish proactive business practices to manage the shift from conflict minerals compliance to responsible sourcing.
What is Responsible Sourcing?
Going beyond compliance
Responsible sourcing has become an integral part of the corporate sustainability agenda and effective supply chain management.
More and more companies are going beyond mere compliance by establishing proactive business practices. With the goal of managing the shift from legislation-driven conflict minerals compliance to purpose-driven responsible sourcing, they are voluntarily committing to ethical and environmentally-friendly sourcing practices in their supply chain.
Areas of responsible sourcing
Companies’ responsible sourcing practices in their supply chain can include, for example, ensuring that the workers involved in the manufacturing process are treated according to applicable human and labor rights and that they are paid a fair wage, that factories are safe and clean environments to work in, that the parts do not contain minerals that contribute to conflict, and that all other negative environmental and social impacts of production on the workers and the surrounding communities are considered and mitigated.
How to set up a responsible sourcing program
The Guide to Responsible Sourcing of the International Chamber of Commerce distinguishes six steps that companies of all sizes, sectors, and regions can take to define, develop and improve their own responsible sourcing approach:
- Select suitable suppliers
- Set clear expectations on compliance with the law
- Integrate responsible sourcing into buying practices
- Support suppliers in setting their own business standards
- Track supplier compliance
- Manage stakeholder expectations and reporting
iPoint can support you along all of these steps with our responsible sourcing solutions.