Procurement

RSS

The pandemic exposed the fragility of our global supply chains and how vulnerable they are to disruption. A more regionalized model would create greater flexibility and speed, allowing companies to be more nimble when problems arise. 

Both consumers and governments are increasingly expecting companies to be responsible for the environmental and human rights impact of their entire supply chain. But most companies are still struggling to assess their suppliers’ sustainability performance, let alone help them improve.

Global supply chains being stretched thin by war, pandemic, and inflation, Supplyframe says.

These five best practices will help your supplier diversity program demonstrate long-term value for your company—and help diverse suppliers grow their capabilities and expand their contract awards, too.