How Can Business Leaders Address Labor Issues in Supply Chains?
Labor issues are not confined to a companyâs direct employees but extend to their supply chains. Business leaders should:
1. Conduct Due Diligence: Thoroughly vet suppliers and contractors to ensure they adhere to fair labor practices. 2. Set Clear Expectations: Establish and communicate clear labor standards for all suppliers and contractors. 3. Monitor Compliance: Regularly monitor and audit suppliers to ensure ongoing compliance with labor standards. 4. Collaborate for Improvement: Work with suppliers to improve labor practices, offering support and resources where necessary.