Don't Let Your Brand Become a Headline: How to Combat Modern Slavery in Business

Send me a message🎙️ Hey, folks! In today's episode of the Digital Supply Chain, we're diving deep into a topic that's affecting businesses and society alike—Modern Slavery. How do you know if your supply chain is clean and free from human rights violations? 🤔I was thrilled to be joined by Ragini Bhalla and Steve Carpenter from Creditsafe, who pull back the curtain on the shocking prevalence of modern slavery, forced labor, and child labor within today's supply chains. They also share how new legislations are making it more than just a moral issue but also a legal one. 🛠️⚖️🔍 Due Diligence is KEY!Steve and Ragini emphasize that due diligence isn’t a “tick-box” activity. Companies that slack here are putting their reputation and bottom line at risk! Brands like Gap and H&M have faced backlash for violations in their supply chains. 😱📊 Good for Business & Humanity!Ragini eloquently points out how Corporate Social Responsibility (CSR) isn't just a humanitarian act. When done right, it positively impacts the bottom line. Win-win, right? 🌏💼📈 Where to Start?Feel overwhelmed? Steve's got you covered! From how to monitor your supply chain, to risk profiling and even choosing secondary suppliers, they've got tips that you can start implementing right now. 📋👨‍💻🌐 Digital Solutions are Here!Ragini emphasizes the role of digital and tech in this process. They both agree that you don't need to visit factories physically for audits. There's a plethora of online data to help you make better decisions. 🌐💻📚 Want to Learn More?Head to Creditsafe for a wealth of content and resources that can help you prepare for compliance.Don't miss this essential episode! It's time we all took part in making the world a better place, one supply chain at a time! 🌍🤝Thanks for tuning in - and check out the video version of this episode at https://youtu.be/HlVLHf4B4ro! 👋🎧Support the showPodcast supportersI'd like to sincerely thank this podcast's generous Subscribers:Alicia FaragKieran OgnevGary LynchAnd remember you too can become a Resilient Supply Chain+ subscriber  - it is really easy and hugely important as it will enable me to continue to create more excellent episodes like this one and give you access to bonus episodes of topical, timely supply chain resilience analysis.🎤 Looking for a keynote speaker on supply chain resilience, AI, and sustainability?I help leaders understand the forces reshaping global supply chains, from geopolitical disruption and climate risk to AI and real-time decision-making. Download my Speaker Pack: https://tinyurl.com/spkrpckFinallyIf you have any comments/suggestions or questions for the podcast - feel free to just send me a direct message on LinkedIn, or send me a message using this link.If you liked this show, please don't forget to rate and/or review it. It makes a big difference to help new people discover it. Thanks for listening.