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...
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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...
As part of a broader digital transformation initiative, Spring leveraged the Ivalua platform to implement innovative capabilities and functionality that brought operational maturity as it was...
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...
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Procurement is dealing with unprecedented volatility due to the...
As the world and the marketplace become more dynamic and volatile, the enterprise operating system must adapt. Enterprises need to assess, predict and change spend, investments rapidly, and...
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...