Defining your company’s supplier diversity program is a crucial early step in getting a supplier diversity program started. Establishing guidelines early on creates a clear and concise pathway for stakeholders to follow while letting suppliers and the public know about the scope of your program.
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COVID-19 has taught manufacturers a bitter lesson. The global supply chain doesn’t adjust well to unexpected or unusual incidents — so-called black swan events. Extended lockdowns, changes in consumer behavior, spikes in fuel costs and tensions among global trading partners have caused an unprecedented breakdown of the supply network.
Businesses can make a significant contribution to a country’s growth by finding products to source locally. Businesses purchase goods and services locally to support...
Making Technology Work For You We think of automation as a threat to jobs on factory floors and in customer call centers, but most people – 65 percent of Americans according...
Identifying the right supplier may be difficult, and a sizable proportion of procurement teams consider this the most challenging component of their job. Knowing how to find...
Updated 3/2/2022 Transparency in Small Businesses As consumers have a high demand for safer and detailed products, most buyers prioritize supplier transparency as one of...
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