SPEAKER
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SUBMITTER
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Michael Stanly is a Senior Managing Consultant in the supply chain practice of IBM Global Services. Included in Mike’s work career is nearly 20 years with two major, international manufacturing and distribution companies, where he served first as a division director of materials management, and later as vice president of strategic sourcing and logistics.
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Description
Purchasing managers often struggle to do the right thing for their stakeholders, while at the same time trying to reduce costs. Socially responsible purchasing affords professionals the opportunity to do both. Furthermore, customers, investors, and the communities are demanding it. Through discussion and case study, presenters will explore the business rationale, approach, and high-level plan to launch a socially responsible purchasing initiative. They will address the dimensions of community involvement, diversity and inclusion, environmental protection, ethics and financial stewardship, human rights respect, and health and safety. Following this presentation, participants will be able to state the costs, benefits, and risks associated with socially responsible purchasing initiatives; apply a tool to set priorities for socially responsible work; and, understand and apply some fundamental elements of socially responsible purchasing.
LEARNER OUTCOMES:
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- Understand the six dimensions of socially responsible purchasing
- Prioritize the activities to support such an initiative
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Develop a business case for making this investment.