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The concept of ethical sourcing has risen in popularity during the past four years.” . Supply chain due diligence is a critical topic for manufacturers and enterprises in all industries, especially given three major impacts of recent high-profile abuse cases, new due diligence laws and consumer buying trends. . United States.
Just about every major manufacturer has a supplier code of conduct to ensure that workers are treated humanely. Most global supply chains are made up of multiple tiers of manufacturing, stretching from production of raw materials to final assembly. Too often, however, those documents fail to prevent unacceptable working conditions.
This means in order to meet the growing demand, lithium production must increase from 737,000 metric tons to more than 3 million tons by 2030 ( Washington Post ). Other sources note that there are ample lithium resources; an estimated 8 million tonnes in the world—and that lithium mining practices are becoming increasingly advanced.
Purchasing and supplier management. Production/manufacturing. A KPI is a metric… but not just any metric. A KPI is a metric focused on a KEY element of business, departmental, or team performance. Later in this article we’ll look at some examples of functional and cross functional KPIs. Inventory management.
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