This planning stage is going to offer your team a set of filters through which to view your procurement data and helps you understand the procedural landscape that new vendors must navigate in order to do business with your institution.
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Consider how the presence of other large institutions can shape your local purchasing map, as you may find it possible in the future to coordinate multi-anchor purchasing strategies to amplify local impact.
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Consider how your diversity data is established: can new vendors opt in to identifying themselves as diverse or local companies as part of the supplier registration process?
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Vendor Relationship BuildingBoth the process and the published information around vendor onboarding should be transparent, with reasonable expectations that a small business can meet and live with.
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Implement intentional vendor relationship building.
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Know who your stakeholders are. Establish and share a dashboard.
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Andrew Magnus has been in the printing industry since the late 1980s when, he remembers, there was hardly any diversity in the sector. His goal has been to bring more minority members into the field.
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Rita LaRue drives Drexel’s purchasing and procurement functions, and her career at Drexel spans more than 20 years.
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Julie Jones is a somewhat recent arrival to Drexel, having joined the Campus Services division as Assistant Vice President for Procurement in the winter of 2018.
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