Blog Pick of the Week: CSR: A key differentiator for sourcing and supplier management
Corporate Social Responsibility (CSR) is taken very seriously by many organizations. I know retail food companies that contribute to local food banks, schools and community organizations. This blog by Aberdeen really hit the mark and discusses how BMW has implemented CSR and made it a key differentiator.
With BMW, their desire to reduce the carbon footprint has led their sourcing and procurement organizations to find alternative materials and negotiate with a new supply base. In the past, sourcing was looking to reduce costs. That is all fine and good but now add to it the CSR component. Then it is a new ballgame!
How does your company "Pay it Forward" and take care of the next generation and those after that as well? How has that changed your daily tasks and who you engage with?