“The New World Order” and Your Company’s Global Supply Chain Responsibility
Today, we often speak of “globalization” and “global sourcing” and so on without much thought about how we got here — it is encouraging to see what a growing number of companies are doing to “more responsibly manage” their global sourcing and supply chain activities. It was not always this way, of course.
The signal that doing business in the U.S.A. was becoming very different — with a true paradigm shift getting underway — came in a State of the Union speech to the Congress. President George H.W. Bush proclaimed a “New World Order” in January 1991.
Dramatic changes followed in the way that U.S. companies conducted their business…
For example, Wal-Mart Stores quickly set the pace in retail, and by ripple effect in U.S. manufacturing (then the home of many of its suppliers).
As CDP explains: “The supply chain is the new frontier in environmental responsibility – an area rich in opportunity that remains unexplored, where a number of pathfinders are starting to show others the value that can be found (in the supply chain).”
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