Good Advice: Supplier Financial Health

Sometimes we have a tendency to put off important, regular tasks as a way of avoiding the possibility of negative information.  Not scheduling a medical check-up  or delaying a review of your bank statement and bills doesn’t change what’s there. It merely limits the time you have to take any needed actions.

A few weeks ago, Eric Evans and I had a conversation about supplier financial health. He gave me and our podcast listeners some really good advice to look “at getting your digital house in order, data hygiene, and then really hooking this into your workflow and process to make it much more automated so you don’t have to think about it.”

Get the boost you need to tackle his suggestions for visibility & monitoring of the financial health of your suppliers – listen here:

https://trustyoursupplier.com/procurement-block/podcast-s1e3/ 

New Podcast Episode – Supplier Diversity

On Trust Your Supplier’s podcast, Procurement Block, we get to hear from the people who are at the forefront of procurement innovation.  

On this latest episode, I am being schooled by Michael Robinson.  Michael K. Robinson is the Program Director of Global Supplier Diversity for IBM’s Integrated Supply Chain. He is responsible for leading IBM’s supplier diversity initiatives worldwide. In this role, Michael, and his team, focus on the utilization, development and mentoring of diverse suppliers who can provide value-add to IBM’s Supply Chain. 

Under Michael’s leadership, IBM has been recognized for numerous awards including Corporation of the Year by the NMSDC (3x), one of the Top Corporations by WBENC (13x), and one of DiversityBusiness.com’s Top Corporations to name a few.   IBM has spent in excess of $2Billion, 1st Tier, annually worldwide with diverse enterprises since 2006 and in excess of $1B, 1st Tier, annually with diverse enterprises in the U.S. since 2000. 

Michael brings his wealth of knowledge and experience to our conversation on supplier diversity. He explains how to jazz up your supplier diversity program by understanding the benefits, how to identify and attract diverse suppliers, and what to take into consideration when implementing or expanding a program. 

Listen to our conversation and get more information from the show notes at ProcurementBlock.com.

Launching August 11th – Procurement Block Podcast

How does understanding the lifecycle of a frog help you build stronger supplier/customer relationships?  We have the answer on Procurement Block, a new podcast designed to school procurement newbies and seasoned professionals alike.  

Join us as we take a big leap into podcasting and learn from the game changers who are leading the initiatives around blockchain, risk management, and change management.  

Launching August 11th at www.ProcurementBlock.com