With an increase in information sharing and transparency, consumers everywhere can better examine the strengths—and weaknesses—of an organization's supply chain. In an era where purchases increasingly reflect values of inclusivity, sustainability, and ethical procurement practices, all it takes is one incident shared on social media to tarnish a brand's reputation. Companies that want to compete must rise to meet the challenge.
Though some view ethics and profits as mutually exclusive, savvy food, beverage, and supplements, organizations recognize inclusive sourcing improves efficiency and drives innovation. Shirking social responsibility can cut into profits, making it difficult to attract top talent, harder to innovate, and reducing customer loyalty.
An inclusive procurement strategy expands the supplier pool, promotes healthy competition, improves product quality, and reduces costs. And with more sourcing options, supply chains become more resilient and agile — a significant advantage during uncertain times.
Creating a supplier diversity program has its challenges, and even established programs continue to fight for a seat at the procurement table. Connecting with minority-owned vendors that comply with a buyer's procurement requirements is another reoccurring obstacle. To reach economic equality, companies must make inclusion programs a priority and find ways to remain accountable.
Join us for a webinar to learn proven techniques to build a more inclusive supply chain. Our panel of supplier diversity and inclusion experts includes Archer-Daniel-Mills Supplier Inclusion Manager Veronica Johnson and Barilla Supplier Diversity Program Manager, Angenetta Frison.
Supplier Diversity Lead | ADM
Supplier Diversity Lead | Barilla
Senior Account Executive | TraceGains
Amanda Torbett is a Senior Account Executive at TraceGains. Starting in 2010, Amanda has successfully lead her customers through their food safety, compliance, and quality software buying journeys. Amanda delivers exceptional problem-solving solutions for prominent companies like Blue Apron, Lite House Foods, and King Arthur Flour. Amanda is a consistent award-winning sales executive with a proven track record of helping companies overcome business challenges.