A growing number of brands and corporations have expressed increasing concerns over the human rights and environmental risks and opportunities in certain indirect spend categories and a lack of ability to identify/track/validate these. There has not been the focus and priority on indirect spend as there has been on more direct materials and ingredients, while the risks and size of the opportunities grows.
A number of SPP Ambassadors in Indirect Spend/”Goods Not for Resale” have been collaborating together to solve this.
In this session, the panelists explore the results of these discussions and the plans to tackle it. As indirect spend increases the possibility of shared suppliers, including with other industry sectors, it is thought to be a good opportunity to tackle the challenge collaboratively and share the time/cost/effort to develop a collaborative mechanism for risk identification and due diligence.