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Supplier Diversity: From Checking the Box to Driving Business Strategy

ivalua

Global governments and businesses are now recognizing diversity programs as an effective “ethical” mechanism to increase community engagement and correct systemic issues or historic inequality. However, the ethical justification is no longer the totality of the value proposition. Building Business Cases and Momentum.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Enables adherence to policies and regulations through ethical, sustainable, and compliant practices. Procurement Best Practices To maximize the value of procurement, organizations should follow certain best practices around ethics, sustainability, risk management, and cost savings. Dual sourcing and supply chain digitization can help.

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The Supply Chain Management Playbook: Your Game Plan for Operational Success

World of Procurement blog

What is Supply Chain Management (SCM) Supply Chain Management (SCM) is the management of the flow of goods, services, information and finances as they move from raw materials to final product, from manufacturer to consumer. Optimized supply chains lead to improved profit margins.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

Purpose of the Blog Post This blog post will serve as your guide to innovative procurement models. Organizations are now expected to not only manage cost but also to ensure supply chain resilience, mitigate risks, and contribute to strategic objectives. Case Studies of Innovative Procurement A.