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Podcast: Art of Procurement provides simple steps for growing supplier diversity

Podcast

In a recent episode of the number one weekly procurement podcast, PASA content partner Art of Procurement explored the topic of growing supplier diversity, sharing tactical and strategic recommendations for how procurement can overcome the challenge of building a robust supplier diversity program that will stand the test of time.

Featuring Daniel Dorr, VP of Marketing, and Lois Eichacker, VP of Customer Success, both from Supplier.io, the podcast lays out a specific plan of action.

After all, as Art of Procurement states, supplier diversity is one of the most impactful and meaningful programs led by procurement teams, helping to drive innovation, competitiveness, brand reputation, revenue and cost savings when done properly.

The podcast analyses the steps procurement teams can take to successfully grow supplier diversity, including:

  • Establishing a solid baseline
  • Accessing actionable data
  • Balancing short-term versus long-term thinking
  • Knowing how to influence and secure buy-in
  • Being clear about expectations
  • Looking beyond spend when measuring success
  • Building with maturity

Listen to the conversation here.

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