The Policy Supply Chain: Conflict Minerals and Preparing for Mandated Ethical Sourcing

In the first brief in this research series, Economic and Policy Supply Chain: The “Non-Invisible Hand”, we covered the increasing importance for procurement organizations of looking at economic and policy issues focused on the “Non-Invisible Hand” as we termed it. As we continue our analysis, we will turn our attention to the role not only of specific legislation (such as Dodd-Frank or specifically, Conflict Minerals) on procurement organizations, but also a major policy shift that has already taken place that mandates ethical sourcing compliance.

This shift is important. With Conflict Minerals regulations, we have essentially moved into a new era of mandated ethical sourcing that is legislated and required. It is no longer a “best-practice”, something that is “good to do” or a means of improving the marketability of products. For the first time in North America, this legislation has effectively established that Federal lawmakers have a role in defining humanitarian policy by requiring specific supply chain compliance and sourcing activities.

The rest of this PRO research brief can be found on Spend Matters PRO. If you’d like to become a Spend Matters PRO member, please subscribe. If you’re not ready to subscribe or wonder why you should, we’ve answered some FAQs here or you can email a Spend Matters team member directly. If you’re not into paying for content, we get that too. Thanks for reading!

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