Much has been written about measuring the performance and impacts of supplier diversity initiatives in the private sector. But how much of that can apply to public procurement where the profit motive is not a factor? Pulse is here to help with tips for examining your supplier diversity program.
For public procurement professionals whose job duties include contract administration, it can be tempting to leave contracts alone unless – or more accurately: until – there is an issue. Increasingly, however, procurement offices are recognizing the value of utilizing contract administration best practices to improve their relationships with suppliers and increase the value of their contracts.
One undeniable result of today’s digital environment is that we now find ourselves immensely and overwhelmingly surrounded…by data. Forward-thinking offices are turning their analysis inwards, using data to track and improve procurement performance. How are you using the data your office collects? Pulse is here with a look at 3 award-winning examples of how data can work for you.