Let’s Yarn: The inside story of how to expand and empower First Nations procurement

Proven tips and real-life examples of how to expand business procurement in a culturally safe and sensitive way that builds lasting relationships with the First Nations businesses. Ashurst’s Head of First Nations Strategy, Trent Wallace, is joined by Ashurst Procurement Lead APAC Will Houston to explain how the firm has expanded its procurement with First Nations businesses in Australia and share tips for other organisations seeking to tap into more diverse suppliers. The episode begins by exploring how the broader procurement profession has changed over the past decade. In particular, Will reflects on the growing priority of sustainability in procurement and how the COVID-19 pandemic forced many organisations to seek more local suppliers. (Or as Will puts it, purchasing that’s “not just the right price, but from the right place”.) Will recommends organisations take a strategic approach to procurement that fosters long-term relationships with First Nations suppliers rather than short-term transactional arrangements. He also offers some examples of such an approach based on the Ashurst experience. Finally, he describes some of the trends and opportunities that are set to shape the procurement sector in the years ahead. Listen and subscribe to all our ESG Matters @ Ashurst episodes on Apple Podcasts, Spotify, or wherever you get your podcasts.See omnystudio.com/listener for privacy information.

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