Beginning in the early 1990’s procurement evolved from a transactional function to an important component of the overall business process. The introduction of technology tools, strategic...
Browse the SRC
In today's business climate, a great number of companies continue to evolve from a de-centralized procurement methodology to one that has a sphere of central influence. In many of these situations...
Strategic Sourcing as we know it is dead. The new Strategic Sourcing is less bureaucratic, more nimble, more practical and more customer service-focused. Purchasing consistently struggles to earn...
Why Align?, Obstacles to Alignment, Overcoming Obstacles and Mitigating Risk
Supplier diversity or diversity in contracting are programs that can be either mandatory (i.e., requirement to fulfill state or federal contracts) or voluntary (i.e., procurement/social...
With multi-state operations and significant investment in contracted construction labor, this is the story of how utility company California Water Service Group transformed its contract management...
You may not want to dedicate the time to reviewing and revising your disaster recovery plan to cover every contingency. Most people don't. However, survival could be the reward for proper...
Contents:
- Definition of Supplier Diversity
- Our Procurement Policy and Supplier Diversity
- A discussion on KPIs
Organizations have been implementing "supplier diversity programs" in some flavor for years. Some copy and paste RFx language from one bid to another, generate contract clauses that sometimes...