Un-authorized sub-contracting and improper factory working conditions led to a series of disastrous incidents in the supplier factories in Bangladesh. Although companies had audited their suppliers and factories, they could not identify the risks that caused these mishaps.

With more regulations on human trafficking in the pipeline, organizations around the world are looking into ways to gain increased visibility in their supply chain and improve social performance by re-examining their approaches.  To avoid potential risks and reputational  damage in the future, global retailers and brands have started taking proactive steps to strengthen their supply chain Social Responsibility programs.

Also, collaborative initiatives such as inspections by the Accord on Fire and Building Safety in Bangladesh and Alliance for Bangladesh Worker Safety, offer participating retailers and brands,an insight into the existing issues in factories and track corrective actions.

Leading organizations are leveraging technology to automate and centrally manage audit and risk -, increase visibility of supply chain, identify root causes and ensure continuous improvement.

The webinar will also focus on:

  • Changing social compliance to social performance initiatives
  • Emerging  challenges and growing risks in the supply chain
  • Improving efficiency of audit programs
  • Using technology to improve the efficacy of social compliance programs

Attend this Webinar
This webinar is scheduled to take place on Thursday, November 13, 2014, at 2 PM Eastern Time. To register for this webinar and learn more about the webinar and the speakers, please click here.

About MetricStream

MetricStream is the independent market leader in enterprise cloud applications for governance, risk, compliance (GRC), and quality management. MetricStream apps and software solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, audit management, vendor governance, and quality management for organizations across industries, including banking and financial services, health care, life sciences, energy and utilities, consumer brands, government, technology, and manufacturing. MetricStream is headquartered in Palo Alto, California, with an operations and GRC innovation center in Bengaluru, India, and sales and operations support in 12 other cities globally.(www.metricstream.com).

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