SUSTAINABLE SOURCING

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Sustainable Sourcing

Sustainable Sourcing is a core tenant of Good for Life’s mission. For this reason, Good for Life developed a sustainable procurement policy and scoring matrix to assist in sourcing the best suppliers that align with that mission.

Good for Life plans to further its mission while helping its suppliers become better stewards of the environment and the communities in which they operate by offering tools and guidance on how to accomplish that goal.

Good for Life’s sustainable procurement policy is used to describe their supplier expectations and to help them to give priority to suppliers who align with their core values. The purpose of this policy is to establish a baseline acceptance level for materials and to create a matrix to help Good for Life systematically choose more preferable materials.

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The list of priorities for evaluating materials for procurement by Good for Life are:

1

Development of an ISO 9001 quality management system

2

Participation in Sedex ethical trading programs and guidance standards

3

Adherence to ISO 26000 guidance standard on social responsibility

4

Full compliance with local and international laws and regulations

5

Use of an internal carbon management program for measurement or reporting

6

Policies for sustainable material sourcing, either through a registered program or internal policies

Good for Life has developed a simple questionnaire and matrix to score suppliers based on these six areas of focus. Making supplier selection systematic helps Good for Life prioritize suppliers that align with their mission but to also be a continual improvement system for suppliers who may desire to perform any documentation they currently don’t have. To learn more about sustainable sourcing at Good for Life download the full Sustainable Procurement Policy here.

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Decentralised Supply Chains

Recent events have brought into sharp focus the need to decentralize the traditional China centric sourcing model and instead move toward a decentralised supply chain

Unlocking alternative supply markets allows for the de-risking of existing supply chains

Alternative supply chains gives access to agile and innovative manufacturing solutions and cost competitive outcomes

Partnering with suppliers in developing markets to positively contribute to the lives of the people a company touches through their workers, the communities they operate, or through who they buy from.

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Agile Technology

Good For Life’s business operations are underpinned by a bespoke technology platform that helps deliver Good For Life’s core functions in an agile. automated and efficient way

Core functions it plays:

• Project WIP Dashboard
• Sourcing / P2P
• Supplier audit & measurement
• Quality Assurance Protocol documentation
• Critical Paths
• FRI Documentation
• Logistics tracking

By allowing our technology to do the heavy lifting frees up our team to focus on you — our client

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