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Supply chain management is about managing the flow of goods and services. With the growing trend to outsource production and services, there is a greater need for businesses to ensure that their suppliers conform to the same high standards that they themselves have adopted. Social and ethical standards and managing environmental and safety risks, as well as quality product standards, should form part of this assessment.
A sustainable supply chain can raise the standards of goods and services, improve efficiency of supply chain operations, reduce potential reputational risks to the business, and also enhance the environmental and social conditions of those in the supply chain.
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