Supply Chain Case Study Example | Topics and Well Written Essays - 750 words

Supply Chain - Case Study ExampleThere are crucial stakeholders representing divers(a) interests within companies, but equally important, there are also numerous stakeholders outside as substantially who include suppliers and primary producers of raw materials. To sustainably remain in dividing line, companies must address electric potential risks facing both internal and external stakeholders, and supply chain ethics form a critical aspect of this part (Mills, Schmitz & Frizelle 2004, p. 1021). Compliance practices, ethics and culture of the entire supply chain members must be examined and addressed to muffle risks. This paper will examine Nestls case study and determine its and its suppliers supply chain and business risks in the event of their un good behaviour as well as strategic advantages to suppliers and customers when they embrace ethical practices.Consumers, business partners, investors, media organisations and regulators all expect businesses and their supply chains to demonstrate high standards of ethical behaviour (Coughlan 2005, p. 49). estimable scandals generated by suppliers are probably the least foreseen and biggest risks businesses face in the modern world. In view of this, Nestl understands the potential damage that can be suffered when the risks materialise and, hence, has adopted protective measures in the form of social incarnate responsibility (SCR). In this sense, the company extends its culture beyond internal control to ensure its policies and principles are pertain with the activities of suppliers and consumers and practices of labour and human rights. The environment also forms a key area of concern. The underlying significance of this go on is that it creates new and shared value for both shareholders and society through a strategic partnership with customers, suppliers and distributors in areas where Nestl can have the greatest