Supplier Visits in Malaysia & Indonesia
31/07/2024
Snell's CE, Shaun Williams, and our Group Procurement Manager, Andrew Day, have recently returned from a two week trip to Indonesia and Malaysia to visit our existing suppliers and new factories.
Our key learnings from the trip are:
- Visiting international suppliers in-person on an annual basis allows us to accurately assess ESG compliance. Simply relying on external audit results and certifications is not sufficient.
- A signed Supplier Code of Conduct is an essential tool in ensuring your suppliers' practices align with your business' requirements from an ESG standpoint
- Businesses should remain in regular contact with their suppliers to ensure they are upholding the standards your business requires
- Your business is impacted by who you choose to partner with. As a result, businesses need to carefully evaluate whether the actions of their suppliers align with their own business' values and practices.
For more insights, follow us on LinkedIn.