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Corporate Social Responsibility of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA
Posted by Matthew Harvey on Oct-17-2018
1. CSR at INVENTORY MANAGEMENT IN THE AGE OF BIG DATA
CSR s embedded in the business philosophy of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. At INVENTORY MANAGEMENT IN THE AGE OF BIG DATA, the business operations and processes are designed in a way that they do not become an obstacle or a burden in the way of people’s and the environment’s wellbeing. At the same time, these processes and designs boost business growth. The systematic design of operations at INVENTORY MANAGEMENT IN THE AGE OF BIG DATA enables the management to ensure that the organization achieves sustainable business growth by reducing attached risk factors as well as through community building goals and ambitions. INVENTORY MANAGEMENT IN THE AGE OF BIG DATA strives to increase its social impact and influence on the environment and in people’s lives- by focusing on three big goals.
1.1. Values at INVENTORY MANAGEMENT IN THE AGE OF BIG DATA
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works for CSR through the CSV approach. This is made easier to incorporate in the company systems because of the core values practised at INVENTORY MANAGEMENT IN THE AGE OF BIG DATA. These are:
Respect – for every one
- Trust
- Integrity
- Honesty
- Accountability
1.2. CSR goals at INVENTORY MANAGEMENT IN THE AGE OF BIG DATA
1.2.1. Improving livings standards for communities through increasing employment opportunities
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA believes in working for the people, and working with the people. With the growth of the business across the world, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA ensures that it creates new employment and livelihood opportunities for millions across the globe. This is done through direct employment and contracts, as well as through inclusive business opportunities.
1.2.2. Enhancing the health and wellbeing of communities engaging with INVENTORY MANAGEMENT IN THE AGE OF BIG DATA
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works with communities at large and aims to help them become healthier and happier. INVENTORY MANAGEMENT IN THE AGE OF BIG DATA provides nutritional boosting and support to communities where it runs operations, as well as to other communities living in regions marked below poverty. Additionally, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA also produces and distributes health and hygiene products to enhance the wellbeing of its customers along with the various communities it has engaged with.
1.2.3. Reducing environmental footprint
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works towards reducing its environmental footprint by ensuring that it allows the legislation regarding carbon production and release. Also, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works towards designing operational processes that reduce water and land pollution. All products manufactured and distributed by INVENTORY MANAGEMENT IN THE AGE OF BIG DATA come with a disposal method to reduce wastage, and increase recycling.
2. Creating shared value (CSV) at INVENTORY MANAGEMENT IN THE AGE OF BIG DATA
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works hard to create value for not only the shareholders but for the society at large. This approach of creating shared value has enabled impressive business growth for INVENTORY MANAGEMENT IN THE AGE OF BIG DATA, as well as allowing its expansion regionally as well as in its product portfolio. Through creating shared value, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA brings value to the lives of communities where it operates by influencing those aspects of the society which intersect and coincide with the business offerings and business operations.
2.1. How to maximize value creation?
Through the CSV approach, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA can create the most value in the following aspects:
2.1.1. Nutrition
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA focuses on investing in the health of communities by focusing on nutrition and medication, as well as on sanitation and hygiene. The primary focus remains on ensuring health safety for children and infants.
2.1.2. Water
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works hard with third parties and external as well as internal support systems to ensure that its operations do not cause water damage. In addition, it administers all its internal sewage plants to dispose of waste optimally without risking water life.
2.1.3. Air cleansing
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA maintains carbon units as per legislation in all its operations across the globe. The company also takes responsibility for ensuring that all its industrial sites and operations are placed away from residential areas to reduce maximum exposure of plant operations to the public.
2.1.4. Rural development
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA strives to develop communities where it operates. This includes rural communities and settlements from where INVENTORY MANAGEMENT IN THE AGE OF BIG DATA gets its raw materials and inputs as well as labour. INVENTORY MANAGEMENT IN THE AGE OF BIG DATA created varied employment and livelihood opportunities for these communities to help them raise their living standards and quality of life.
3. Commitments made by INVENTORY MANAGEMENT IN THE AGE OF BIG DATA
Commitments at the INVENTORY MANAGEMENT IN THE AGE OF BIG DATA have helped shape its CSR and CSV approach based on multiple trends from across the globe. These commitments have helped INVENTORY MANAGEMENT IN THE AGE OF BIG DATA maintain focus in giving back to the community as well as in developing a more sustainable environment and workplace. Commitments are the long term goals that INVENTORY MANAGEMENT IN THE AGE OF BIG DATA wants to fulfil and achieve in the following different aspects:
3.1. For individuals and families
3.1.1. Living healthier lives
For families and communities, the CSV approach of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA focuses on helping individuals attain a balance between healthy nutrition and physical exercise as a means of a healthier lifestyle and healthy living. With today’s work style and busy schedules, this is quite a challenge. INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works intending to develop programs and products to help communities manage time well and stay motivated towards increasing their wellbeing.
3.1.2. Having nutritional knowledge
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works with the long term aspiration of enhancing the lifestyles of communities. The company plans to do it by sharing information regarding nutritional facts, and by raising awareness of nutritional intake. The company does this by not only making the nutritional value available for its own manufactured products but also develops programs and information sharing networks to help individuals learn about healthy eating and make informed dietary decisions.
3.2. For communities
3.2.1. Rural development
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works towards developing rural communities-especially where it is operational and present. The company engages not only in employment creation but also infrastructure development and education deployment programs to help communities improve their living standards. INVENTORY MANAGEMENT IN THE AGE OF BIG DATA also conducts vocational training programs frequently.
3.2.2. Promoting diversity
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA also works towards inclusion through its diversity programs. The company has designed programs and policies to ensure the inclusion of all community groups in the employment cycle. In addition, the company also conducts training and skill enhancement sessions for all community groups –including disabled and special persons
3.3. For the planet
3.3.1. Protecting water
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA understands the need for protecting water resources across the globe and is also an active fighter for water preservation. With the high scarcity of clean drinking water, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works and strives to provide communities with clean drinking water through having installed filter plants
3.3.2. Protecting natural resources
With increased urbanization, natural landscapes of forests and grasslands have quickly turned into urban centres. INVENTORY MANAGEMENT IN THE AGE OF BIG DATA ensures that all its operational sites are designed in a way that they do not harm or risk the natural ecosystem. In addition, the company works towards protecting the environment by building green spaces.
3.3.3. Safeguarding the environment
The operations of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA, like other players in the industry, are being affected by the climatic changes, and the weather alterations. To fight this change, and to safeguard the environment, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works towards creating safe green spaces through high rate plantations. This is to ensure environmental sustainability and enrichment of the ecosystem.
4. Value chain at INVENTORY MANAGEMENT IN THE AGE OF BIG DATA and CSR
At INVENTORY MANAGEMENT IN THE AGE OF BIG DATA, SCR is embedded in the company DNA. INVENTORY MANAGEMENT IN THE AGE OF BIG DATA ensures that the CSV approach is integrated into all operations and systems at the company, including THE VALUE CHAIN.
4.1. Supply chain
4.1.1. Rural development
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA allies with farmers and other partners to obtain the high quality raw material. In doing so, the company ensures that it invests in the wellbeing in the development of its partners and related communities through educational opportunities as well as various training programs and infrastructure development.
4.1.2. Responsible sourcing
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA participates in responsible sourcing. All its partners throughout the supply chain and for raw materials have been tested against set ethical backgrounds to ensure that all raw sources and materials are obtained from partners doing sustainable business.
4.1.3. Animal welfare
In all its sourcing, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA ensures that no animals are harmed. INVENTORY MANAGEMENT IN THE AGE OF BIG DATA makes sure that all animals are fed high quality fodder, and that they are kept in a clean and safe environment. In addition, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA also provides safe breeding grounds for animals and regularly authorizes veterinary check-ups for all animals in partner farms.
4.1.4. Human rights
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA is also particularly careful to ensure that all human rights are upheld in its business operations. This includes no child labour, and inclusive diversity, amongst other things. Also, the business operations of INVENTORY MANAGEMENT IN THE AGE OF BIG DATA also include high dependence on local workers for labor and management – making sure all local and global human rights are followed thoroughly.
4.2. Manufacturing
4.2.1. Water, sanitation and hygiene
During the manufacturing process and value additions, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA maintains an emphasis on water, sanitation and hygiene. All plants and manufacturing units operated by INVENTORY MANAGEMENT IN THE AGE OF BIG DATA have an authorized sanitation system in place which ensures minimal water wastage. Besides, all industrial waste is disposed of off through authorized channels only – ensuring that no natural water body and water source is harmed or polluted.
4.2.2. Natural resource stewardship
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA is also an active pioneer of natural resource stewardship. INVENTORY MANAGEMENT IN THE AGE OF BIG DATA has devised ways to ensure that natural resources are sustainably used for industrial operations, and are not damaged during business processes. INVENTORY MANAGEMENT IN THE AGE OF BIG DATA shares this knowledge publicly for the overall welfare of the environment and the planet.
4.2.3. Women empowerment
During its manufacturing process, the INVENTORY MANAGEMENT IN THE AGE OF BIG DATA also ensures to employ women labour in various managerial and operational level jobs. These women are usually from local communities and are trained for new skill development and enhancement. In doing so, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA ensures that women are equipped with the confidence and decision making abilities s that they advance not only in their professional but also in their personal and social lives.
4.3. Retail and consumers
4.3.1. Responsible marketing and influence
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA makes sure to use ethical means of marketing its products. This means not only does it disseminate rightful information and data regarding the company, but also makes sure that it does not use unethical appeals in its marketing communication.
4.3.2. Marketing to children
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA is also careful in its marketing to children so that it is not exploitative. Rather, marketing to children is done through influencing adults towards the products offered by INVENTORY MANAGEMENT IN THE AGE OF BIG DATA.
4.3.3. Product Safety
INVENTORY MANAGEMENT IN THE AGE OF BIG DATA ensures product safety in consumption at all times. This is done not only through mentioning nutritional value and facts but also through a clear statement of manufacturing dates and batches. This is to make sure that consumers are aware of the product quality and life cycle. Also, the company mentions clear ways and processes of disposing of the products to ensure that the environment is sustained and not harmed.
5. Working towards achieving sustainable goals
The CSR and CSV approach at INVENTORY MANAGEMENT IN THE AGE OF BIG DATA is closely guided by the sustainable development goals chalked out by the United Nations. Through working on the attainment of the SDGs, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA, and many other companies work together to create a peaceful and harmonious future that has sustainable resources and environment.
Through connecting INVENTORY MANAGEMENT IN THE AGE OF BIG DATA’s goals and commitments with the SDGs, the company has created avenues of channelling a positive impact on society through its operations and business as a whole.
5.1. No poverty
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA creates opportunities for skill enhancement and vocational training
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA also provides equal employment opportunities to all labours from the local communities
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA promotes and supports small business ventures through inclusive business support and funding – especially for women who are micro-entrepreneurs in the community
5.2. Zero hunger
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works towards implementing a model of less food wastage and food loss – in the manufacturing as well as the supply chain process
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA provides subsidized products in communities that are living below the poverty line, as well as in communities where it is operational and has industrial units and sites
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA has developed recycling plants in local communities to ensure that there is no food wasted during consumption, and it is recycled into other products needed for a sustainable environment
5.3. Clean water and sanitation
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA strives to ensure high water efficiency and water sustainability in all business operations and processes
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA advocates and also internally implements positive water policies
- Infrastructure developed by INVENTORY MANAGEMENT IN THE AGE OF BIG DATA in different rural communities and settlements ensures authorized sewage networks and lines to avoid dumping in freshwater reserves
5.4. Life on land
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works towards establishing the green supply chain
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA ensures that no Green spaces are destroyed for its business and industrial purposes, and also works towards creating healthy green spaces through numerous plantations
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA places a high emphasis on maintaining regular health check-ups for all community members – free of cost, and also focuses on animal welfare for farmers
5.5. Good health and well being
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works towards improving the living standards and quality of life of communities it engages with
- For farmers, INVENTORY MANAGEMENT IN THE AGE OF BIG DATA has also improved farm economics
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA works towards protecting the children in the supply chain processes, as well as creates diverse livelihood opportunities for adults
5.6. Quality education
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA provides a hands-on learning opportunity for young adults from local communities through internship opportunities
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA also sponsors various scholarship programs for different grade levels in communities where it is operations
- INVENTORY MANAGEMENT IN THE AGE OF BIG DATA has inaugurated primary schools in three different regions where it has operations – in rural settlements – as a step towards achieving quality education for all.
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