Global Impact Sourcing Project
The winner of the Innovations in Sustainability Award is Microsoft for a global impact sourcing project.
Project Description
Within Microsoft Procurement, we discovered Impact sourcing is a unique empowering sourcing model that is directly aligned to our mission to help individuals achieve more. For Microsoft, Impact Sourcing means knock-ing down artificial barriers to employment and allowing high-potential individuals to bring their strengths to the marketplace. Impact Sourcing reduces risk by enabling supplier clients to responsibly explore labor markets and achieve perfor-mance comparable to traditional models. Studies have shown this typically leads to exceptional quality, with 15-40 percent lower attrition. To achieve the benefits Impact Sourcing we set out on a journey to build an Impact Sourcing program.
Other finalists included:
- Ivalua and Fannie Mae – Joint procurement transformation project