CSR Flashcards
The stakeholders involved CSR
Employees
Customers
Communities
Investors
CSR context
Being loyal - organising the supply chain within legal conversions
Being moral - respecting capabilities of the supply chain
Being aware - of the supply chain could impact the world
Being fair - give and take in the supply chain
CSR in academic debate
Welfare has not been new- in 1930 markets and spencer introduced there staff welfare program
6 key concepts in the CSR supply chain
1- unstable buyer and supplier - bonus driven
2 - continuous price pressures - time changes prices
3 - increased quality demands - trends
4 - shorter lead time - quick product concepts
5 - product specification - length of time carrier bag can respond
6 - cancellation of orders - the pressure of different products types and what will and will not sell
CSR Impact on buying and merchandising
Buying environmentally friendly
Coping acceptable cultures
Gifts from suppliers
A fashion example of CSR
Timberland boots believe that if you see an organic apple and a regular Apple that has pesticides people see the the organic label they are more likely to buy. It’s the same with fashion if you see a good labels on this fashion garment people are more inclined to buy as the customers will feel good about themselves
What is CSR
This is when the business is responsible for behaving ethically, social responsibly and improving the workforce. All included within and without the business model