expressindia.indianexpress.com
expressindia web
HomeBlogsCricketAstrology ShoppingTendersClassifieds Reader Comments
Font Size
Expressindia » Story

Wal-Mart tightens supplier policy after factory fire: Wall Street Journal

Reuters

Posted: Jan 22, 2013 at 1030 hrs IST
WalMart Stores Inc plans to cut ties immediately with suppliers who subcontract work to factories. (Reuters)

Wal-Mart Stores Inc plans to cut ties immediately with suppliers who subcontract work to factories without the retailer's knowledge, changing its policy after a fire killed more than 100 garment workers in Bangladesh, the Wall Street Journal reported.

Wal-Mart is warning suppliers that it is adopting a "zero tolerance policy" for violations of its global sourcing standards and the company's new plan would begin taking effect from March 1, the Journal said.

The tougher code replaces Wal-Mart's prior "three strikes" approach to policing suppliers, which gave the suppliers three chances to address problems before being terminated.

"Obviously our three-strike policy wasn't working as well as it could have," Rajan Kamalanathan, Wal-Mart's vice president of ethical sourcing, told the Journal in an interview. "Our message of zero tolerance is meant to get people's attention."

Wal-Mart could not be reached for comment by Reuters outside of regular U.S. business hours.

More than 100 workers were killed in a Nov. 24 fire at the Tazreen garment factory in Bangladesh. Wal-Mart has said repeatedly that its Faded Glory clothing should not have been in production at the factory, a facility Bangladeshi authorities said was not safe for use.

Print
 
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Spot-fixing case: Police issues summons, but CSK CEO Meiyappan pleads for more time...

Phaneesh Murthy to be sued for sexually harassing iGate employee

Nawaz Sharif seeks civil nuclear technology from China

Indian-origin boy Sathwik Karnik wins National Geographic Bee contest

'An eye for an eye', shouts Islamist after beheading British soldier

BJP tears into UPA govt on 4th anniversary, says it lacks leadership

Sanjay Dutt shifted to Pune's Yerwada Jail

More
© The Indian Express Limited. All rights reserved
Advertise With Us | Privacy Policy | Feedback | Express Group | Site Map