Procurement Magazine April 2021 | Page 103

ESG

73 % report having not yet made the necessary improvements to future-proof supply chains

“ Tealbook can help improve supplier diversity and increase agility , easing the way companies obtain supplier data and empowering speedy informed decision making ”

STEPHANY LAPIERRE FOUNDER AND CEO , TEALBOOK
warns that without immediate foundational improvements , further disruptions to supply chains may push them to their breaking point .
Supporting their fears , the survey found that 72 % of procurement leaders are very concerned that their supplier intelligence has still not improved to crisis-proof supply chains and 73 % report having not yet made the necessary improvements to future-proof supply chains .

96 % of procurement professionals believe agility is even more important than cost savings for their companies ’ bottom line

Even more interestingly , however , the survey also found that 96 % of procurement professionals believe agility is even more important than cost savings for their companies ’ bottom line .
The numbers are , quite frankly , shocking . So I was anxious to sit down with Stephany Lapierre , the Founder and CEO of Tealbook , to talk it out and learn more about the power of supplier data and how Tealbook can help support supplier diversity . But first , let ’ s take a deeper look .
What exactly is supplier diversity ? In order to be considered a diverse supplier , a business must be at least 51 % owned and operated by an individual or group that is part of a traditionally underrepresented or underserved group . Commonly used
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