395: Supplier Diversity: Urgency, Scalability, and Ownership w/ Neeraj Shah

<p><span style="font-weight: 400;">As digital transformation progresses, corporate leadership teams are increasing their focus on the quality and availability of data. Spend analysis is just one internal data resource in a sea of data ecosystems, but it has the potential to serve as the foundational connection point for all procurement analytics.</span></p> <p><span style="font-weight: 400;">For this special series, Art of Procurement partnered with Sievo and Buyers Meeting Point to take a deep dive into procurement data ecosystems. We will explore how procurement leaders can meet their analytical requirements while also exploiting the full cross-functional value of data - data that enables corporate growth and competitive advantage. </span></p> <p><span style="font-weight: 400;">Every two weeks between April and July 2021, Philip Ideson and Kelly Barner will speak with senior level executives at Sievo, riskmethods, Basware, supplier.io, and EcoVadis - companies at the forefront of the procurement data revolution. Listeners can also download the ebook behind the podcast series in the Links section below.</span></p> <p><span style="font-weight: 400;">In this episode, Kelly Barner and Neeraj Shah, CEO of supplier.io, discuss the new sense of urgency many companies have around supplier diversity programs and the data management requirements that creates.</span></p> <ul> <li><span style="font-weight: 400;">The diversity-specific transformation journey many (especially large) companies have taken and what has changed</span></li> <li><span style="font-weight: 400;">Procurement’s responsibility to the suppliers that are brought into the bid process through supplier diversity outreach</span></li> <li><span style="font-weight: 400;">The role that spend analytics data plays in advancing supplier diversity and tracking progress against states goals, both internally and in publicly-released reports</span></li> </ul>