No Data, No AI: Bringing AI-Powered Procurement to Life
The recent webinar on “No Data, No AI: Bringing AI-Powered Procurement
TealBook makes it easy to begin or expand a diversity program, discover diverse suppliers and spend, and generate supplier diversity reports in a single click.
learn moreDiverse vendors are typically smaller and more agile than their larger counterparts, and this unlocks an ability to move with greater flexibility and ease. As a result, this allows companies to benefit from greater innovative leaps.
An inclusive procurement strategy widens the pool of potential suppliers and promotes competition in the supply base, which can improve product quality and drive down costs. By providing more sourcing options, inclusivity can make supply chains more resilient and agile.
A healthy supply chain requires contributions from a variety of businesses and individuals. Easily identify and engage with diverse suppliers and go above and beyond to exceed your organization’s diversity spend targets.
Find diverse suppliers who meet specific business criteria.
Set and exceed aggressive diversity spend targets.
Quickly identify your amount of spend with diverse businesses to report on strategic initiatives.
TealBook’s supplier database includes over a half-million small and diverse supplier profiles and allows you to find the right suppliers for any opportunity. Search for women-owned, LGBT-owned, Black-owned, and other diverse suppliers that meet your organization’s diversity goals.
TealBook’s data-gathering AI and ML combined with our self-certification process for suppliers makes it easy to get visibility into the totality of your organization’s diverse spend. Our data is routinely updated, and our self-certification program combats certification expiration. We consistently find more qualified diverse spend for our customers than other solutions on the market.
Supplier diversity programs can be part of a company’s efforts to maintain high moral and ethical standards. Inclusive procurement also delivers broader societal benefits by generating economic opportunity for disadvantaged communities.
TealBook offers functionality dedicated to addressing underserved communities and making an economic impact.
Recognized diverse supplier categories include:
By encouraging your current suppliers to upload their spend data into TealBook, you can gain further visibility into your Tier II diversity spend, enabling you to trace and report on the maximum impact of your overall spend.
Learn MoreTealBook touches a variety of procurement problems and decisions. Explore more use cases to unlock even more procurement possibilities.
Whether you’re looking to maximize diversity spend, optimize supplier diversification, or identify emergency sourcing options, the best available supplier data makes all the difference
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