#8 Julien Lavarini (Lorenz) on implementing due diligence in a medium-sized company

Listen to Julien Lavarini, Manager of Finance and Responsible Supply Chain at the family owned Lorenz Snack-World.

What does a risk-based approach of a snack company look like in practice? Frankly Speaking has invited Julien Lavarini, Manager of Finance and Responsible Supply Chain at the family owned Lorenz Snack-World, to share experiences with risk management tools, audits and sector-wide approaches in the cashew supply chain. But Julien also has some comments on the legislative developments.

Topics

Implementing due diligence and a risk-based approach, development of risk management and tools
Lessons learnt from audits, examples of sector approaches and direct engagement with suppliers
The need for long term partnerships with suppliers
Pre competitive approaches: the need for collaboration on due diligence, networking & industry action
Why senior management has to be involved in due diligence decision-making
About the responsibility of a medium-sized, family owned business and personal motivation

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“If you are a medium sized or small company, do what you can at your level. Try to make your assessment at your level and the bigger the company is, the bigger its impact is, the stronger the implications should be. So for me, it's really not something where size matters. It's really the mentality to assess the risk and to question yourself as a person. And for a company to ask yourself, what are my impacts - environmentally and socially - and what can I do to reduce this.”

Julien Lavarini in Frankly Speaking