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GLS Supplier Code of Conduct™
A robust code of conduct for you to customise
The Problem
Increasingly regulators are imposing duties of care that require companies to monitor and be held liable for not only their business operations, but also the conduct of their suppliers.
Related challenges include:
- improving your compliance capability is now a global top priority for your business
- the business practices of your suppliers can harm the reputation and brand of your own business
- you are using increasingly large number of suppliers in a growing number of jurisdictions, each of which impose different standards on businesses
- even if your suppliers are not violating any laws, you want them all to adhere to a standardised code of conduct
Wouldn't it be nice if you had a single, best practice, code of conduct that you could reasonably require all of your suppliers to adhere to?
The GLS Solution
GLS Supplier Code of Conduct™ delivers you a comprehensive, pre-approved, world class set of curated rules and protocols to govern your suppliers’ conduct.
Supply chain management turns of ethical supplier conduct - but you must communicate what you expect from your vendors.
As an easy to use, “single source” of supplier conduct rules, GLS Supplier Code of Conduct™ can drive compliance risk consistency in your business and across your supply chains.
Our world class template outlines a wide range of procurement practices for you to decide what you would like to implement across your supply chain.
Problem solved.
Solution Deliverables
| Best Practice Code: | A best practice code of conduct for your business and your industry. |
Pricing Comparison
| Big Law Review | US Rate | GLS Cost | Minutes |
|---|---|---|---|
| Partner | $850 | $599 | 42 min |
GLS RPLV Legal Operations Score
This solution’s GLS RPLV impact score:
| Resource Status: | Specialist | Repeater | Formative |
| Ease of Implementation: | Complex | Average | Easy |
| Value Demonstration/Visibility: | Low | Medium | High |
| Productivity Leverage Profile: | Low | Medium | High |
| IHL Line Optimisation: | Single | Multiple | All Lines |
IHL Critical Function Optimisation Targets
This solution enhances performance across the following critical in-house functions:
In-House Legal: Critical Functions / Processes
Compliance
Service Provider
GLS has identified 15 critical in-house processes/functions that are present in every world-class legal department. To learn what these functions are, their composition and how they interrelate to deliver efficient legal team performance outcomes - visit here.
