Procurement Magazine April 2021 | Page 100

ESG

LEVERAGING TECH FOR

SUPPLY DIVERSITY AND AGILITY

One year later ; We speak to Stephany Lapierre , Founder and CEO of Tealbook , and dig into supplier diversity , the need for agility , and how tech can help
WRITTEN BY : LAURA V . GARCIA

Widening the pool of potential suppliers and establishing best practices for inclusive procurement builds agility and promotes a healthy competitive environment for strategic procurement , all while improving quality and innovation and introducing further opportunities to reduce costs .

Yes , ethical procurement makes for a good look , but if done right , it can also be a competitive advantage that benefits society and generates economic opportunity for disadvantaged communities .
And yet , a year after the global pandemic brought to light the ubiquitous problems supply chains face due to lack of supplier information and an inability to react swiftly to supply chain interruptions , leaders the world over continue to spout the need for increased resiliency while seemingly doing little to affect change .
The breaking point Conducted by Wakefield Research , the Tealbook Survey “ On Solid Ground : Building the Data Foundation for Agile Procurement ”
100 April 2021