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...
Browse the SRC
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...
A Procurement Perspective: Value Through Changes
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...
Organizations spend, at times, millions of dollars for setting up modern S2P systems with multiple touch points for employees and vendors. The last mile in this digital transformational journey is...
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...