Nowadays, Enterprises are paying more and more attention to their responsibility toward Community and Society by following standard related to Social Complia...
A brief introduction of Walmart:
Established by Sam Watson in Bentonville, Arkansas in 1962, Walmart is well-known for leading retailer in the world. Being a strong retailing empire with large market such as Japan, Mexico, South Africa and China, according to Forbes, valuable capitalization of the company is the largest amount globally($ 21.7 billion).
Walmart – shared market for suppliers
To facilitate global trade, Walmart strives to positively impact global supply chain practices by enhancing its own standards and improving working conditions in countries.
Walmart collaborates with retailers, businesses, and non-governmental organizations to verify that products are manufactured from qualified suppliers that comply with the Code of business ethics, social accountability and environment.
Walmart’s requirements for suppliers:
The color-coded result assigned to each facility reflects the social and environmental risk of that facility in Wal-Mart's supply chain.
The rating scale is encoded by four levels: Green, Yellow, Orange and Red. - Green is used for the lowest risk level and Red is used for the most serious risk. Institutions rated Gold and Orange may receive guidance from the Responsible Sourcing department and participate in a training to improve the NEXT TIME preparation for subsequent unannounced assessments. Red rated establishments will not be allowed to participate in providing goods to Walmart. - Orange and Red ratings include many genres.
Vietnam’s challenges in Walmart:
Vietnam, with a promising developing economy, can meet the standards in the Walmart supermarket system. All Vietnamese suppliers must accept Walmart standards, which define food safety requirements such as sanitary and hygiene requirements from raw materials, supply chain and supply chain security and ethical standards in business including employee policies, environmental protection. Wal-Mart has officially opened its representative office in Vietnam, which will create opportunities and challenges for Vietnamese manufacturers and suppliers to access the global Wal-Mart.
Any organizations, enterprises desire to register Walmart training service, please contact:
Contact: KNA Cert Co., Ltd
Centre: 11th floor, Ladeco Building, 266 Doi Can street, Ba Dinh District, Ha Noi
Tell: 093.2211.786 – 02438.268.222
Email: firstname.lastname@example.org Website: www.knacert.com.vn