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Supplier Diversity: From Checking the Box to Driving Business Strategy

ivalua

businesses proudly maintain robust supplier diversity programs. They have now moved from largely being a reporting exercise, to being a business strategy. With all these discussions, research, and brainstorming, many things were a blur and much of the research and thought leadership has melded together in my mind.

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This is NOT thought leadership, it’s practical talk about Supplier Value Management

ivalua

The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” Let’s get busy working on Supplier Value Management. If so, in my (imperfect?)

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Business strategy examples

IBM Supply Chain Blog

A successful business strategy dictates the allocation of resources and outlines how a company will achieve its strategic goals. Whether the organization is focused on developing new products or marketing an existing service to an under-served demographic, having a solid strategy will help an organization realize its long-term goals.

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Types of business strategy

IBM Supply Chain Blog

In today’s business environment, regardless of the product or service, leaders must develop a well-honed business strategy. A successful business strategy must clearly define an organization’s objectives, decision-making processes and long-term business goals.

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This is NOT Thought Leadership, it’s Practical Talk About Supplier Value Management

ivalua

The always astute Pierre Mitchell from Spend Matters recently called out an unnamed solution provider for “trying to create some thought leadership about upstream value creation and downstream value capture.” Let’s get busy working on Supplier Value Management. If so, in my (imperfect?)

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What About Procurement Objectives?

Procurement Templates

Engage in Active Listening: Conduct regular meetings with stakeholders to understand their evolving needs and integrate feedback into procurement strategies. Exceeding procurement objectives requires strategic thinking, continuous improvement, and proactive leadership.

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Seasoned Leadership in Action™ – An Interview with Raymon Krishnan!

Supply Chain Game Changer

As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer. What is the role of Business, Supply Chain and Change Leadership in addressing these challenges? leadership #logisticsmanagement #logisym #cargonow. annually in Singapore, Malaysia and Dubai.