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Supplier Diversity: From Checking the Box to Driving Business Strategy

ivalua

These programs are as familiar to procurement professionals as concepts like spend analysis or category management. businesses proudly maintain robust supplier diversity programs. businesses proudly maintain robust supplier diversity programs. have accepted as a key element of procurement.

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CPO Spotlight: Rachel Scarrett

Procurement Heads

We spend about a billion pounds each year through our supply chain of approximately 500 suppliers. I have a team of 30 people with end-to-end category management responsibility. Procurement and supplier management are carried out by separate teams under my leadership.

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Procurement Metrics: Key Performance Indicators for Success

Empowering CPO

By measuring key aspects of the procurement process, these metrics provide insights that can drive significant improvements in cost-efficiency, operational performance, and supply chain resilience. KPIs make the procurement process more transparent and manageable. Case Study: Successful Application of Procurement KPIs A.