What concept focuses on obtaining products in a responsible and sustainable manner?

Prepare for the CIPS Supplier Relationships (L4M6) Test with engaging questions. Deep dive into supplier management through multiple-choice questions and detailed explanations. Boost your knowledge and confidence before the exam!

The concept that focuses on obtaining products in a responsible and sustainable manner is ethical sourcing. This term refers specifically to the practice of ensuring that products are sourced in a way that takes into consideration the ethical implications of production and sourcing processes. Ethical sourcing encompasses a range of considerations, including labor practices, environmental impact, and the overall social responsibility of the suppliers involved.

By prioritizing ethical sourcing, companies strive to support fair labor practices, reduce environmental harm, and promote social good throughout their supply chains. This approach not only helps in building trust with consumers but can also enhance a company's reputation and long-term sustainability.

While corporate social responsibility, sustainable procurement, and green supply chain management also address aspects of sustainability and ethical considerations in procurement, they do not focus specifically on the ethical dimensions of sourcing as directly as ethical sourcing does. Corporate social responsibility is a broader concept covering a company's overall ethical obligations, sustainable procurement emphasizes the long-term sustainability goals in purchasing practices, and green supply chain management focuses specifically on environmental factors within the supply chain.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy