FAQ
You can purchase as many assessments as necessary. Our prices for 101+ assessments are significantly reduced to help you get the most transparency possible.
Ecovadis’ model does not allow third-party partners like SupplyShift and SupplierGATEWAY to be the single point of contact for managing supplier ESG data. Buyers must sign a contract with EcoVadis regarding any supplier data accessed. This means if you want information on 100 suppliers from EcoVadis, you will have to sign 100 different contracts. EcoVadis also charges each supplier anytime the data is shared.
The model SupplierGATEWAY and SupplyShift have created together allows you to access ESG data for your entire supply chain from a single point of entry through the SupplierGATEWAY system. If you require additional levels of supply chain transparency, that can be provided via the SupplyShift portal for an additional one-time cost.
An example of sustainability in supply chain management is a company implementing a green logistics program. This includes using eco-friendly packaging, energy-efficient transportation, selecting suppliers with sustainable practices, reducing waste, tracking and minimizing the carbon footprint, and sourcing materials locally. These actions help reduce environmental impact, improve efficiency, and enhance the company’s reputation for sustainability.
Supply chain sustainability software is a tool designed to help businesses manage and improve the environmental, social, and economic aspects of their supply chain. It focuses on reducing carbon footprint, optimizing resource use, ensuring supplier sustainability practices, maintaining compliance with regulations, promoting waste reduction and recycling, supporting ethical sourcing, managing risks, and providing data analysis for informed decision-making.
Most organizations require third-party certification in order to count money spent with a supplier as part of their supplier diversity program goals. You can learn more about third-party certifications here.
Economic impact reporting refers to tracking and reporting the effects of a particular project, initiative, event, or organization on a specific area’s economy. SupplierGATEWAY’s economic impact reporting uses the US government’s RIMS II model to calculate your organization’s economic impact.
While there are many steps involved with tracking supplier diversity, data collection and organization are among the most important. This allows organizations to track critical metrics such as the amount of money spent with diverse suppliers, the number of contracts awarded, and the number of diverse suppliers your procurement team engages through RFPs.
It’s important to note that most organizations have specific requirements to track diverse suppliers, such as a supplier must have a third-party diversity certification to qualify for diversity initiatives.
Supplier diversity management software is often a suite of products an organization uses to identify their diverse suppliers, measure spend with diverse suppliers, and ultimately increase their spend with diverse suppliers. Some diversity management software includes economic impact reporting, allowing organizations to see how their local and diverse spending impacts local areas through job creation support and other metrics.
Absolutely. Our supplier onboarding software seamlessly integrates with your organization’s systems via API, guaranteeing supplier information is accurate across your entire organization.