I would implement a comprehensive supplier code of conduct, conduct regular audits, and collaborate with third-party certifications like Fair Trade or Rainforest Alliance. Building strong relationships with suppliers to ensure transparency and accountability is key. Additionally, I would leverage technology to track and monitor sourcing practices in real-time, ensuring compliance with ethical standards and addressing any issues promptly.

Balancing cost and ethics requires a long-term perspective. I focus on building partnerships with suppliers who align with our values, even if initial costs are higher. Over time, these relationships yield efficiencies through trust and collaboration. I also explore innovative solutions, such as bulk purchasing or sustainable materials, to reduce costs without compromising ethical standards.

In a previous role, I discovered a supplier using unauthorized subcontractors with poor labor practices. I immediately halted shipments, conducted an investigation, and worked with the supplier to implement corrective actions, including training and stricter oversight. This experience reinforced the importance of due diligence and proactive monitoring to uphold ethical standards.

I regularly attend industry conferences, subscribe to relevant publications, and participate in professional networks focused on sustainability. I also collaborate with legal and compliance teams to ensure our sourcing practices align with evolving regulations. Staying informed helps me anticipate changes and adapt strategies to maintain compliance and leadership in ethical sourcing.

I track metrics such as supplier compliance rates, audit results, and the percentage of certified sustainable materials used. Additionally, I monitor social and environmental impact indicators, like carbon footprint reduction and fair labor practices. These metrics provide a clear picture of progress and help identify areas for improvement, ensuring continuous advancement in responsible sourcing.