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Procurement Supplier

Innovation in 2021

Utilizing next-gen strategies and tools for stronger supplier management and diversity.

Key findings include:

  • 61%

    of respondents found meeting internal supplier diversity benchmarks more challenging over the past 6 months.

  • 59%

    of respondents feel that their current supplier diversity metrics provide an accurate picture of the total diverse spend from their organization.

     

     

  • 52%

    of organizations are pursuing long-term partnerships with suppliers based on technology or process innovation.

Utilizing next-gen strategies and tools for stronger supplier management and diversity

The tools and strategies procurement uses to manage suppliers help the organization address challenges related to supplier risk, business continuity, and resilience in the face of disruption.

Download our report with ProcureCon and WBR Insights to learn:

  • Tools and strategies for supplier management initiatives
  • Recommended procurement technology features
  • Metrics and benchmarks used for supplier diversity initiatives

 

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