Amplifying Shared Value through Procurement

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ExpansiveCoconutTree
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5 Questions

What is one of the initiatives suggested to create shared value through procurement activities?

Local procurement and supplier diversity

How does Manulife IM aim to promote fairness in selecting third-party contractors?

By implementing a competitive bidding process

In what cases would Manulife IM not follow a competitive bidding process?

When providing services directly

Why does Manulife IM prefer contracts from local and diverse suppliers?

To build long-term relationships and promote cultural sensitivity

What is the primary purpose of a competitive bidding process in selecting contractors?

To encourage fair competition among qualified sources

Explore initiatives that can enhance shared value and promote local and equitable growth through procurement activities. Learn about the importance of local procurement and supplier diversity to build long-term relationships with diverse suppliers in the communities where we operate.

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