1. How might the issues in the film be resolved? Explain in detail using concepts from the course This is a general management’s business and society question. write 500 to 700 words et me know if

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1.  How might the issues in the film be resolved? Explain in detail using concepts from the course

This is a general management’s business and society question.

write 500 to 700 words

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1. How might the issues in the film be resolved? Explain in detail using concepts from the course This is a general management’s business and society question. write 500 to 700 words et me know if
G M G T 1010 S U P P L Y C H A I N M A N A G E M E N T A N D W O R K I N G C O N D I T I O N S I N M O D E R N C A P I T A L I S M C L A S S 9 ROADMAP • Key aspects of supply chain management • Supply chain management in a global context • The global business system • Working conditions in global supply chains • In -class case: The Fast Fashion industry • Strategies to improve working conditions in global supply chains SUPPLY CHAIN MANAGEMENT • Supply Chain Management focuses on inter -organizational logistics, and specifically on ensuring that organizations find optimal ways to acquire the supplies that they need from other organizations KEY ASPECTS OF SUPPLY CHAIN MANAGEMENT Strategic purchasing Choose suppliers who offer the best combination of: – Quality inputs (e.g., they have required features and meet specified performance standards in terms of error rates); – Dependable delivery (e.g., on -time delivery, reliable transportation network); – Price (influenced by factors like just -in -time delivery, which helps to minimize inventory costs). Inter – organizational relationships Develop long -term relationships with suppliers to facilitate: -Trust (increased access to supplier knowledge to develop new products and services); – Supplier confidence to make long -term investments that enhance their ability perform; – Stable & integrated transportation of incoming logistics (lower costs). SUPPLY CHAIN MANAGEMENT AND BUSINESS AND SOCIET Y • Supply chains are now global • This has raised new concerns about working conditions in global supply chains GLOBALIZATION – A BRIEF EXPL AINER • The increasing movement of goods, services, and capital across national borders. Lawrence & Weber -125 GLOBAL BUSINESS SYSTEM • Transnational corporations – Firms that control assets abroad – Over 79,000 worldwide – Foreign direct investment • International financial and trade institutions – Organizations/institutions that support globalization • Other important orgs not mentioned in the reading – International NGOs – Local countries and economies Lawrence & Weber –126 -131 TRANSNATIONAL CORPORATIONS GLOBAL CORPORATIONS INTERNATIONAL FINANCE AND TRADE INSTITUTIONS INTERNATIONAL FINANCE AND TRADE INSTITUTIONS “IT’S ENOUGH” https://youtube.com/watch?v=1oLpDLoGIQo&feature=shares INTERNATIONAL NGOS LOCAL COMMUNITIES W H Y D O E S G L O B A L I Z A T I O N R A I S E C H A L L E N G E S F O R W O R K I N G C O N D I T I O N S ? GLOBALIZATION AND THE “RACE TO THE BOTTOM” MODERN SL AVERY “Modern slavery is the severe exploitation of other people for personal or commercial gain” – Human trafficking .The use of violence, threats or coercion to transport, recruit or harbour people in order to exploit them for purposes such as forced prostitution, labour , criminality, marriage or organ removal. – Forced labour . Any work or services people are forced to do against their will under threat of punishment. – Debt bondage/bonded labour . The world’s most widespread form of slavery. People trapped in poverty borrow money and are forced to work to pay off the debt, losing control over both their employment conditions and the debt. – Descent –based slavery . Most traditional form, where people are treated as property, and their “slave” status was passed down the maternal line. – Slavery of children . When a child is exploited for someone else’s gain. This can include child trafficking, child soldiers, child marriage and child domestic slavery. – Forced and early marriage . When someone is married against their will and cannot leave. Most child marriages can be considered slavery. Source: https://www.antislavery.org/slavery -today/modern -slavery/ THE COMPLEXIT Y OF SOCIAL ISSUES IN A GLOBALIZED ECONOMY • Labour/working conditions in the garment and apparel industry CHECK THIS OUT https://youtu.be/VdLf4fihP78 DISCUSSION QUESTION: Who should we blame for these ongoing problems in the apparel industry? ATTEMPTS TO TRY AND FIX THE PROBLEMS… • Company level policies and programs • Global codes of conduct for corporations • Multi -stakeholder initiatives – Reporting standards – Certification standards COMPANY – LEVEL ATTEMPTS • Practices, codes of conduct, standards within individual companies that aim to address these issues • Examples: – Nike – The Gap – H&M wage increase GLOBAL CODES OF CONDUCT FROM INTERNATIONAL ORGANIZ ATIONS • The UN Global compact • The OECD guidelines for multinational corporations • Principles for CSR (Kairos Canada) MULTI – STAKEHOLDER INITIATIVES • Reporting standards – Global Reporting initiative (GRI) • Certification Standards – International Organization for Standardization (ISO) – Forestry Stewardship Council (FSC) ISO 14001 https://youtu.be/J7Fak8QI6Ww RESPONDING TO THE RANA PL A Z A COLL APSE • The Accord on Fire and Building Safety in Bangladesh • The agreement consists of six key components: – A five year legally binding agreement between brands and trade unions – An independent inspection program – Public disclosure of all factories, inspection reports and corrective action plans (CAP) – brands to ensure sufficient funds are available for remediation – Democratically elected health and safety committees – Worker empowerment through an extensive training program, complaints mechanism and right to refuse unsafe work. • Signatories – http://bangladeshaccord.org/signatories/ WHO’S MISSING? • Wal -Mart, Gap, Sears, Target, The Bay, Canadian Tire • Their response: The Alliance for Bangladesh Worker Safety THE ACCORD VS. THE ALLIANCE Accord Alliance Number of participants 72 firms from 15 countries 17 firms from 2 countries Role for stakeholders in development Developed by firms and unions; governed by companies and worker reps Firm developed and governed Safety inspections Independent Firm controlled Cost of repairs and renovations Contractual No requirements Worker rights to refuse dangerous work Yes Not specified Enforcement Legally binding Not legally binding NOT UNCOMMON IT KEEPS HAPPENING… https:// www.cbc.ca /news/business/bangladesh -factory -lululemon -1.5321405 SUMMARY • Supply chain management is focused on how organizations procure the key inputs (supplies) they need for value creation activities • The globalization of supply chains has raised a number of challenges for working conditions of those working in these global supply chains • Attempts to fix these problems are numerous, but each has their own shortcomings ADDITIONAL WATCHING – RANA PL A ZA https://youtu.be/qP4fgvnXYW4


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