Supplier ownership programs are ideally suited for Original Equipment Manufacturers (OEMs) as well as vendors with factory portfolios
ELEVATE works with suppliers / vendors and agents in the automotive sector to establish the right framework for effective responsible sourcing programs. We are committed to developing and implementing responsible supply chain strategies that create a responsible balance between business need and improving supply chain working conditions.
Supplier ownership programs involve:
These programs have many benefits for both brands and suppliers:
“We’ve seen the best results when both the customer and supplier commit to more collaborative and proactive management of social responsibility in the supply chain. Unfortunately, many suppliers fail to see the potential business value of investing in such a program and most customers rarely provide the business incentive or justification beyond ‘it is the right thing to do.’ This needs to change and we provide a way forward.”
Mark Jones, Senior Vice President, Customer