Purchasing with Purpose

Investing in people builds resilient supply chains

New data from the World Economic Forum found that social risks now drive around 18% of global supply chain disruptions, with labor strikes, protests, and worker-related issues among the leading causes.

The takeaway? Fair wages, safe working conditions, and strong communities aren't just ethical considerations, they're critical to supply chain resilience.

A recent article from Supply Chain Management Review emphasized why supporting social and economic growth in the places in which you operate is so important for competitiveness:

"The future of supply chain competitiveness will depend on whether firms can protect and renew the places from which value is created."

For those of us working in impact procurement, this is a reminder that who we buy from matters. Investing in suppliers that prioritize workers, communities, and sustainability isn't just good practice, it's good business.

Article links are in the comments.