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How employee wellbeing can impact your supply chain

By Prosure360

For every business, supply chain management is a critical component of success. However, one often overlooked aspect that can significantly impact your supply chain is the health and wellbeing of your service providers and contractors.

Without ensuring the health and wellbeing of these essential workers can lead to a ripple effect of consequences, including supply chain disruptions, decreased productivity, minimised efficiency, and even damage to your company’s reputation.

Ensuring the wellness of your service providers is vital to the success of your business. 1.8 million working people suffering from a work-related illness, of which 875,000 workers suffering work-related stress, depression or anxiety. If your service providers become stressed, not only could this cause supply chain disruptions, but it could also decrease overall productivity across your business.

WHAT IS THE RIPPLE EFFECT ON YOUR BUSINESS?

According to HSE, 35.2 million working days are lost due to work-related illness and workplace injury. So, as you can imagine, the consequences of poor health and wellbeing in your supply chain extends beyond operational challenges. A disrupted supply chain can lead to dissatisfied customers, missed deadlines, and potential financial losses.

The suppliers and contractors that your business works with are the face of your company. That means that if one of your service providers disrupts the supply chain, it not only reflects poorly on them, but also your business. Supply chain management (SCM) software plays a vital role in preventing supply chain disruptions.

What is the result of providing wellbeing support to service providers?

By providing access to these resources, or partnering with an organisation who does, you demonstrate your commitment to the well-being of your suppliers’ and contractors’ employees. This helps foster stronger and more collaborative professional relationships.

At Prosure360, we understand the importance of a healthy and resilient supply chain. That’s why we partner with a range of companies who can support your business and service providers.

Speak with the team about your requirements today.

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