Our Approach to Inclusive Supply Chains
BCG partners with companies, nonprofits, and civic organizations to build inclusive sourcing strategies. BCG can develop a comprehensive strategy to cover each component of the program in detail:
- Vision. Building the vision and ambition for the inclusive supply chain, benchmarked against leading peers.
- Roadmap. Determining near-, mid-, and long-term milestones for achieving that vision, along with detailed execution plans for implementation and key initiatives.
- Governance. Providing clear decision-making rights, roles, and responsibilities between the business stakeholders and procurement; developing processes for the team to operate efficiently, such as annual planning.
- Engagement Models. Creating service models with varying levels of support that will align the procurement team’s resources to maximize impact; the team can use these models to prioritize their capacity and standardize their playbook offerings.
- Playbook Offerings. Determining the set of levers the team can use to grow their organization’s spending with small and medium enterprises – or address key concerns like with human rights. Plus provide the set of activities the team will offer and detailed tactical instructions to execute against.
- Supplier Experience. Ensuring suppliers are supported and key principles are reinforced throughout their life cycle (effective onboarding, minimizing barriers, managing performance, helping them grow within the organization). Also developing ways to cultivate the next generation of ethical suppliers through trainings, mentorship programs, and incubators.
- Tracking and Reporting. Building advanced metrics and reporting dashboards that will go beyond spending to measure impact against key areas: traction of the program, growth of spending and of supplier capabilities, and community impact.
Our Client Work in Inclusive Supply Chain
Our Insights on Inclusive Supply Chain
Meet Our Inclusive Supply Chain Consulting Team