How to Build a Meaningful Supplier Diversity Program

How do you measure the impact your supplier diversity / inclusive sourcing efforts have to the economy? I provided a session on ”Measuring Impact – Best Practices” at the 2022 WEConnect International Global Symposium For Supplier Diversity & Inclusion on April 26th. So what is Economic Impact? It’s the Impact that doing business has onContinue reading “How to Build a Meaningful Supplier Diversity Program”

In person event in Zug; Make Procurement & Supply Chain Your Competitive Advantage

I’m very much looking forward to this upcoming in person event in Zug on May 12th, 2022 with the title: Make Procurement & Supply Chain Your Competitive Advantage. The event will discuss how to secure competitive advantage by linking procurement and supply to corporate direction, top-level strategy and executive decisions. The speakers will share howContinue reading “In person event in Zug; Make Procurement & Supply Chain Your Competitive Advantage”

Are you ready for the Supply Chain Due Diligence Act?

The Supply Chain Due Diligence Act (in German Lieferkettensorgfaltspflichtengesetz or LkSG) comes into effect in 8 months, on January 1, 2023. The law mandates large organizations to conduct due diligence on their supply chains to protect human rights and the environment. With up to 800,000 euros in fines, restricted market access, and the potential forContinue reading “Are you ready for the Supply Chain Due Diligence Act?”

Disrupted Supply Chains & How To Reduce The Risk

In today’s world, supply chains face many challenges. With the Covid-19 pandemic, Russian invasion of Ukraine and extreme weather events around the world caused or exacerbated by climate change, supply chains are facing challenges like never before. If you haven’t already done so, now is the time to review your supplier base. One of theContinue reading “Disrupted Supply Chains & How To Reduce The Risk”

Measuring Impact – Best Practices Session @WEConnect International Global Symposium

Andrea Fimian will be presenting ”Measuring Impact – Best Practices” session at the upcoming WEConnect International Virtual Global Supplier Diversity & Inclusion Symposium on April 26th, 2022. You will discover where to start, what can be measured, and how to measure the impact of your supplier diversity and inclusion programs. Agenda, more information and ticketsContinue reading “Measuring Impact – Best Practices Session @WEConnect International Global Symposium”

Sustainability – 1 of the 5 Significant Trends Shaping Supply Chain Operations in 2022 and Beyond

Supply & Demand Chain Executive online magainzine published the 5 Significant Trends Shaping Supply Chain Operations in 2022 and Beyond – Sustainaibility being one of them. Next to E-Commerce, Automation, Robotics and Labor challenges, Demand for Sustainability is one of the trends. The article states that ”The demand for earth-friendly practices will continue to impactContinue reading “Sustainability – 1 of the 5 Significant Trends Shaping Supply Chain Operations in 2022 and Beyond”

Supply Chains Cause Up To 90% Of Companies’ Environmental Impacts

Did you know that when it comes to CO2 emissions, suppliers’ operations are responsible for 65% to 95% of a company’s total emissions*? Therefore, there is no way around involving your Supply Chain and your Suppliers in your sustainability / ESG strategy. So how can corporate supply chains create social and environmental impact? One clearContinue reading “Supply Chains Cause Up To 90% Of Companies’ Environmental Impacts”

5 Benefits to Adding Sustainability Measures in Your Contracts

Embrace & Empower Supplier Diversity listed as one of the 5 Benefits to adding Sustainaibility Measures in your Contracts. In this article from Future of Sourcing – 5 Benefits to Adding Sustainability Measures in Your Contracts (and How to Get Started) following 5 Benefits are listed; Strengthened Long-Term Business Strategy Proactive Risk Management and ContingencyContinue reading “5 Benefits to Adding Sustainability Measures in Your Contracts”

Efficio Supplier Diversity Webinar

It was a great pleasure to be part of this online event and to share insights about #supplierdiversity.Thanks to Abi Kramer for organizing and Victoria Mallinckrodt as my co-speaker. LinkedIn post: https://www.linkedin.com/posts/andrea-fimian_procurement-womeninsupplychain-supplierdiversity-activity-6904823994843836416-B1az?utm_source=linkedin_share&utm_medium=member_desktop_web

Get ready for ESG auditing

Reuters recently published an article on ESG auditing. As of today, ESG auditing is in its infancy with no single global, mandatory standard. And efforts to create a more rigorous regime for this type of auditing will take several years to bed down as investors, companies and auditors try to get a handle on newContinue reading “Get ready for ESG auditing”