How Employee Wellbeing Can Impact your Supply Chain

Losing experienced and skilled workers can be costly, as it takes time and resources to recruit and train replacements. This instability can further exacerbate supply chain disruptions and negatively impact your business operations.

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.

Internal and external stakeholders want to trust that your supply chain is flawless and efficient. If your investors and long-term clients feel that your suppliers and contractors could slow or hinder the supply chain, they are more likely to pull out.

Additionally, if your suppliers or contractors are unable to meet their obligations due to health-related issues, it can damage your company’s reputation and credibility in the market.

By prioritising the mental and physical well-being of their employees, your suppliers and contractors can cultivate a healthier and more productive workforce.

Investing in Health and Wellbeing: A Proactive Approach

Recognising the importance of health and wellbeing in your supply chain is the first step towards mitigating these risks. By taking a proactive approach and investing in the well-being of your service providers and contractors, you can foster a more resilient and reliable supply chain.

One effective strategy is to encourage and support the implementation of employee wellness programs among your suppliers and contractors. These programs can offer a range of benefits, such as access to a range of health and wellbeing resources. By prioritising the mental and physical well-being of their employees, your suppliers and contractors can cultivate a healthier and more productive workforce.

As a Prosure360 member, our service providers benefit from a 10% discount off Optima Health (OH&W) products and services. Optima health allows businesses to support their suppliers and contractors to thrive with occupational health expertise, helping to:

• Improve sickness absence.
• Reduce costs.
• Access expert manager support.

Ensuring the wellness of your service providers is vital to the success of your business. So, by supporting your suppliers and contractors with occupational health expertise, you could boost productivity and efficiency across your business.

Our partnership with Optima Health  is especially beneficial in helping businesses to access on-demand expertise. By prioritising service providers’ well-being, we aim to minimise supply chain disruptions, enhance productivity, and foster long-lasting partnerships built on trust and mutual success.

In the intricate web of supply chain management, the health and wellbeing of your service providers and contractors should never be overlooked. By investing in their well-being through wellness programs, occupational health services, and supportive initiatives, you not only mitigate the risks of supply chain disruptions but also cultivate a more productive, efficient, and reliable network of partners.

Focusing on improving health and wellbeing is not just a matter of corporate responsibility; it’s a strategic investment into the long-term success of your business. If you’re ready to transform your business and learn everything you need to know about the importance of a strategic wellbeing, come along to our upcoming webinar.

In this free webinar, taking place on 27^th June at 1:00PM (BST), we are partnering with Healthy Performance Ltd, where Commercial Manager, Stuart Chambers will share some expert insight around employee wellbeing.

In this webinar our speakers, Stuart Chambers, and our very own Scott Anderson, will discuss the importance of employee wellbeing for business success, covering:

• The Business Case for Employee Wellbeing.
• The Benefits of Effective Wellbeing.
• Importance of a Strategic Wellbeing Programme.
• Real life examples.

If you want to boost productivity and build a happy and healthy workforce, sign up today to secure your spot!