The #1 Supply Chain Initiative for 2013December 20, 2012
Worker safety in supplier factories has never been more critical. The tragedy at the Tazreen factory in Bangladesh has already prompted calls for new legislation to ensure supply chain transparency and worker safety. Companies including Wal-Mart, Li & Fung and many others are under intense scrutiny, since goods they sold were manufactured in the Tazreen factory.
As a result, NGC believes that factory safety and vendor compliance will be the number one supply chain initiative in 2013. [[more]]
These issues, along with compliance mandates such as CPSIA and the California Transparency in Supply Chains Act, are exactly the reasons why NGC developed our Vendor Compliance software. Part of NGC's Extended PLM applications, Vendor Compliance also includes Quality Control, Vendor Scorecarding and Performance Testing functionality that manages the dozens of third-party lab tests that fashion companies typically perform on styles, components and materials.
How can Vendor Compliance software help keep your factories safe? Here is a short list of key reasons:
- Vendor profiles include each supplier's current compliance audits, performance and quality history, and other information, all instantly accessible through a web-based portal.
- Critical information such as factory safety records and vendor scorecards are available at any time through the Vendor Compliance portal.
- The system proactively notifies retailers, brands and factories of upcoming audit and re-certification dates. The software assigns a corrective action plan if factories don't pass the audit.
Vendor compliance and factory safety are issues that you'll hear a lot about in the coming months, both from NGC and many other sources. In the meantime, if you'd like more information about vendor compliance systems and some of the issues facing our industry, click here to download our free white paper on Vendor Compliance.