CSR Sourcing Strategies: Learn How to Thrive While Solving for Some of the World's Biggest Challenges

Join this webinar to hear from sourcing experts as they explore why Corporate Social Responsibility in sourcing matters, and how Procurement can be a catalyst for meaningful change. 

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Drive ESG change as you manage your supplier network

In this webinar, you’ll learn:

  • How to examine the environmental, political, and social landscape in which you source
  • What skills to develop to become a purpose-driven Procurement leader
  • How to communicate the competitive advantages of being a purpose-driven leader to management, leadership, and other key stakeholders.
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Today’s companies understand the importance of Corporate Social Responsibility (CSR), but how can you refine your sourcing strategies to drive change? 

Join Paul Martyn, Sales Director for Coupa Sourcing Optimization, as he moderates a panel featuring three complex sourcing experts, Walt Charles, CPO at Allergan; Elouise Epstein, a Partner at Kearney; and Tiffany Hickerson, a VP at Kearney. Together, they’ll explore why Corporate Social Responsibility in sourcing matters and how Procurement can be a catalyst for meaningful change in the face of significant global challenges.

Featured Speakers
Tiffany Hickerson, Partner, Kearney
Tiffany Hickerson
Dr. Elouise Epstein, Partner, Kearney
Dr. Elouise Epstein
Walt Charles, CPO, Allergan
Walt Charles
What it means to be excellent at CSR Sourcing is it’s embedded in the company’s DNA and how they conduct business. I think that companies that are best-in-class at CSR already have it included in everything they do, especially when you think about sourcing.
Tiffany Hickerson, Kearney


Why is it important to become excellent at CSR Sourcing?

It is important for employees to bring their whole selves to work, so the values that they have as individuals should be reflected in their company’s values. Moreover, consumers expect their values to be reflected by the companies whose products they purchase. Consumers will easily switch to purchasing from companies that have a strong CSR program. Companies with a strong stance on CSR are more able to “meet the customers where they are” in terms of their values.

What does Walt Charles, Chief Procurement Officer of Allergan, mean by “constraintless bidding”?

Many companies select suppliers by sending out a questionnaire to as many suppliers as possible and, based on the answers, then narrowing down the list to the five or six suppliers that best meet the requirements according to weights in a spreadsheet. Those are the suppliers who will receive the RFP. However, Walt Charles prefers the “constraintless bidding” model, which removes the constraints of a spreadsheet-based comparison. In this model, the objective would be to get fair market value of everything by looking at all of the suppliers–not just five or six– in detail. You may find that some of the questions on the questionnaire turn out to be irrelevant, so you would have been selecting suppliers based on irrelevant information. When you aren’t constrained by evaluating only five or six suppliers, you end up finding the best suppliers for your needs.

What will the future of procurement organizations look like?

The role of category management won’t be as tactical as it currently is, since there are digital tools that will be able to streamline many processes and more effectively analyze data. Most procurement organizations are excited about the opportunity to spend more time on strategic endeavors, rather than on manual processes. The recent challenges that have disrupted supply chains have given procurement teams the opportunity to demonstrate their value to the organizations they serve, and they should continue to add value for their companies by using digital tools to streamline processes and identifying ways that sourcing can help them meet CSR objectives.