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About Lisa Westgate
Lisa is the visionary founder of LN Westgate, LLC, and a dedicated procurement practitioner spanning over two decades, Lisa's procurement and supplier diversity journey is rich and inspiring. Her engagement in supplier diversity discussions took root in 2004, marking the beginning of a profound commitment to revolutionize the field.
Lisa stands out for her critical perspective on the traditional implementation of supplier diversity programs dating back to the 1960s. She advocates for a shift in conversation toward "Supplier Diversification," a concept she passionately drives from a procurement-focused standpoint. Lisa believes that increasing diverse suppliers is not just a matter of compliance or social responsibility; it's a strategic move that enhances an organization's supply chain with added power, resilience, and innovation.
Her transformative approach aims to shift procurement from a traditionally passive role to a dynamic force contributing significantly to an organization's revenue, profitability, and resilience. Lisa's vision extends beyond mere cost savings. She envisions procurement as a strategic partner within businesses, capable of driving significant value and sustainable competitive advantages.
At the heart of Lisa's philosophy is a belief in the power of change. Through LN Westgate, LLC, she commits to mentoring companies in understanding and harnessing the potential of supplier diversification. Her goal is clear: to create a more inclusive, equitable, and thriving business landscape where diversity is celebrated and recognized as a key driver of success.
Lisa Westgate is not just a consultant; she's a pioneer in the procurement space, committed to pushing boundaries, challenging the status quo, and leading by example. Join her in redefining the role of procurement and supplier diversity in the modern business world.
Want to discuss procurement, supplier diversity, or DEI? Email Lisa@LNWestgate.com
Supplier Diversification
Supplier diversification is a business practice that involves sourcing products and services from various suppliers with diverse backgrounds. Supplier diversification is not just a social responsibility initiative but a way for companies to enhance their competitiveness and improve their bottom line.
Initiating a Supplier Diversity Program
If you are just getting started with a Supplier Diversity program we are here to help. From defining the program's goals and objectives, developing a plan of action, change management, creating a timeline, establishing metrics, identifying potential risks or to identifying challenges that may arise during the program's implementation. Allow us the opportunity to assist you with some or all of these.
Enhancing a Supplier Diversity Program
If your diversity program is stagnant or not reaching the expected goals, we can take a strategic, data-driven approach to increase supplier diversity by helping your company set clear goals, develop targeted programs, and monitor progress to ensure success.
Raising the bar to a "Best in Class" Supplier Diversification Program
A best in class supplier diversity program sets clear and measurable goals that are aligned with the company's overall strategic objectives and are regularly monitored and reported on. A best in class supplier diversity program provides support to diverse suppliers in a variety of ways, such as offering mentorship and coaching programs, providing access to capital or other resources, and ensuring fair and timely payment terms.
Sustainability
Empowering Sustainable Business Practices
Gain a Complete Understanding:
- Scope 1, 2, and 3 Emissions Assessment: Identify and quantify your organization's environmental footprint across the entire value chain using the recognized Greenhouse Gas Protocol framework.
- Data-Driven Insights: Leverage our expertise to analyze your emissions data and gain actionable insights for informed decision-making.
Reduce Your Environmental Impact:
- Renewable Energy Solutions: Explore customized strategies to transition to cleaner energy sources and decrease your reliance on fossil fuels.
- Energy Efficiency Optimization: Implement proven techniques to reduce energy consumption in your facilities and operations, leading to cost savings and environmental benefits.
- Circular Economy Strategies: Develop sustainable practices throughout your value chain, including responsible sourcing, product design for recyclability, and waste reduction.
Transparency and Accountability:
- Sustainability Reporting Support: Develop comprehensive and transparent sustainability reports aligned with leading frameworks.
- Stakeholder Engagement Strategies: Communicate your sustainability commitment effectively to investors, customers, and other stakeholders.
Diversity, Equity & Inclusion
We can tailor our services to meet any of your DEI needs.
Facilitation, Coaching, Workshops and Trainings
We can facilitate difficult conversations, mediate conflicts, and coach leaders and teams on how to communicate effectively and build more inclusive relationships. We offer an array of workshops and training sessions to help employees and leaders understand and appreciate differences, recognize biases and stereotypes, and learn how to create an inclusive workplace culture.
Analysis
We can conduct assessments and analyze data to identify gaps and opportunities for improvement in DEI. This could involve analyzing workforce demographics, conducting employee surveys, or reviewing human resource policies and practices.
Strategy Development
Our consulting team partners with you to develop a comprehensive diversity, equity, and inclusion (DE&I) strategy tailored to your organization's unique goals and industry. We guide you through identifying your aspirations, assessing your current state, and building a roadmap for achieving measurable progress. This includes defining key performance indicators (KPIs), establishing supplier diversity targets, and outlining actionable steps for implementation and ongoing monitoring.
Procurement
Procurement aims to obtain the desired products or services at the best possible price, while ensuring that the supplier is reliable, ethical, and able to deliver the required quality and quantity of goods or services. Effective procurement requires strong negotiating skills, knowledge of the market, and a clear understanding of the organization's needs and priorities.
Roadmap and development of procurement strategies
We can create a comprehensive plan to manage procurement activities effectively, achieve goals, and realize cost savings and other benefits. These can include details on cost reduction, supplier relationship management, risk mitigation, tech stack assessments along with monitoring and reporting on goal tracking.
Vendor/Supplier Relationship Management Overview
We will identify the tools and knowledge needed to optimize vendor or supplier relationships, resulting in improved performance, better communication, and reduced risks. We can perform a contract review through a compliance and performance analysis. From assisting with internal and external communications, escalation protocols, and other conflict management frameworks, to identifying opportunities for implementing changes for improvements in process and relationships.
Data analysis
A variety of data can be analyzed in order to support decision-making and to improve the efficiency and effectiveness of the procurement process. The specific data that is analyzed may depend on the needs and objectives of the procurement function, as well as the type of goods or services being procured. Generally, spend analysis, supplier performance, market intelligence, contract performance, supplier risk, cycle times, costs, and other metrics related to the procurement process may be assess
Speaking Engagements
Customizable
Our experienced team can speak to various topics within procurement, category management, sourcing, tech stack, solutions optimization, supplier diversity, DEI, business organizations, mediation, mentoring, women, LGBTQ+.
Training
Individual, Teams, Groups, Departments, Entire Organizations
Our experienced team can customize training to your needs in various topics within procurement, category management, sourcing, tech stack, solutions optimization, supplier diversity, DEI, business organizations, mediation, mentoring, women, LGBTQ+.
Our Partners
A Dedicated Partner to Small & Diverse Organizations
Maria is the Founder and Principal of M&A Supplier Diversity Consultants (M&A SDC), a well-established consultancy firm. She is a dedicated consultant with an exceptional track record spanning over two decades in the public sector. She leverages her extensive knowledge and expertise to support organizations in their certification process. A true champion of the Small, Minority, and Woman-Owned business communities. Email Maria
Our Partners
