Buyers find that identifying the right supplier may be difficult, and a large number of procurement teams consider this the most challenging...
READ MORE
Articles
Establish Inclusive Procurement Practices in Four Steps
The sixth and final step to starting your supplier diversity program from scratch is establishing your organization’s inclusive procurement practices. This last step...
Five Steps to Defining Your Supplier Diversity Program
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.
7 Ways to Create More Resilient Supply Chains
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.
Economic Impact and Importance of Locally Based Sourcing
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...
How do you add more value to your organization when new supply chain technology changes the game?
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...
