New Supply Chain Management Initiative Gets First Member

The International Maine Purchasing Association (IMPA) launched a responsible supply chain management initiative called the IMPA Act in 2013. Last week, integrated ship management service provider Thome Ship Management was named the first ship management company to have joined the initiative.

According to Marine Link, IMPA is for to the global shipping sector, and organizations join as members of the program. Members then work together – using the program’s tools – with their suppliers to manage their social, economic and environmental impacts.

Moreover, IMPA offers ship owners and managers a complete management system for responsible supply chain management.

“Thome is deeply committed to a responsible business approach, which includes zero accidents and zero pollution alongside sustainable business growth,” said Ryan Dalgado, Procurement and Supply Chain Manager of Thome Ship Management, as reported by the news source. “The IMPA ACT program fits perfectly within our vision and mission.”

Earlier this month, PYMNTS.com reported on a study that showed 76 percent of companies see supply chain risk management as essential to their business. However, only 7 percent are generating returns of more than 100 percent on their supply chain risk management investments.

“What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.