There is absolutely no reason for an EITHER OR … on the contrary, an inclusive sourcing program supports and complements a company’s ESG efforts in its supply chain. Many companies think of ESG solely in terms of sustainability. In fact,…
A diverse workforce certainly leads to natural diversity in the supply chain, as purchasing decisions are made by multiple people. And those who do not prioritize diversity among employees weaken their own competitive position, not just in procurement. A study…
What an inspiring few days, at the largest supply chain diversity and inclusion conference to be held in Europe in 2022. The MSDUK conference and awards ceremony will take place in London on September 8-9, starting with International Day in…
What an inspiring evening at yesterday’s Veuve Clicquot Bold Woman Award 2022 and the Future Award 2022 at the Aura in Zurich, Switzerland. Veuve Clicquot has given away the Veuve Clicquot Bold Woman Award 2022 for the 17th time since…
Find below some recommendations for small / diverse-owned businesses when working with corporates: Know where you fit into the company Ask questions (especially in RFx’s) Show passion for your business Highlight YOUR advantage vs larger suppliers Certify with minority associations…
Corporates can help diverse-owned businesses succeed by avoiding practices that can contribute to their failure. The biggest challenges that occur for diverse owned businesses when working with global corporates are: Challenge to beat experience/qualifications/ references in scoring factors for diverse…
WEConnect International helps drive money into the hands of women business owners by enabling them to compete in the global marketplace. WEConnect International has over 160 members from large procurement organizations committed to supplier diversity and inclusion that helps build…
I am attending the MSDUK 2022 Conference and Awards in London on September 7-9, 2022. This conference is the largest event of its kind for Ethnic Minority Businesses (EMBs) across the UK and Europe. I’ll be on a panel in…
In this great article from Procurement Mag, Daniel Weise, Managing Director and Partner at Boston Consulting Group & Co-author of the book, Profit from the Source, says; ”Procurement is about sustainability, innovation and risk; We define procurement a lot broader than being…
In this recent published article on Fortune.com, according to a McKinsey’s study the supply chain reset could help build a more equal economy. Data shows that the return on investment of partnering with diverse owned businessess is significant. The study…
