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Part I: Building Business Cases and Driving Momentum. Supplier diversity programs are something many procurement professionals in the United States (U.S.) have accepted as a key element of procurement. These programs are as familiar to procurement professionals as concepts like spend analysis or category management.
In this webinar, they tell us how they created successful vendor engagement and support strategies and built these processes into their organizations. Vendor diversity in publicprocurement encapsulates the practice of supporting small, minority-owned, or historically under-utilized businesses in gaining access to government contracts.
Competitive bids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. Supplier performance had never been measured. Inventory fulfilment rates were low.
Competitive bids need to be issued; policies updated: contracts need active oversight; staff hiring and retention; trade agreement obligations; supplier performance evaluations; or Indigenous engagement must be factored in to the decision-making. Supplier performance had never been measured. Inventory fulfilment rates were low.
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