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Supplier diversification does more than just protect your supply chain and make your organization more flexible and agile — it also contributes by adding value to the workplace. This added value results from the overall improvement of the workplace, an improvement that directly supports higher productivity, better performance, and even social advancement. But greatest among the improvements realized through a supplier diversity program is the reduction of costs in your indirect procurement spend. This wide spectrum of advantages is perhaps why American companies have earmarked over $50 billion in funds to both women-owned and minority businesses in the next decade.

With the current focus on #inclusion and #equity spurred by increasing social unrest and economic disillusionment, there has never been a better time to create a strong #supplierdiversityprogram for your organization.

We at Quality Imaging Solutions would like to thank all of our amazing customers and business partners for helping QIS make 2022 a truly memorable and EPIC year!

While corporate direct spend policies are often under a microscope held by C-Suite managers, indirect spending seems to suffer from neglect. This disparate way of managing these two spending categories results in an unfortunate loss of cost savings and an explosion of expenses that can make it difficult for companies to thrive. Especially in today’s teetering economy, it is increasingly important to get indirect expenditures under control.

Indirect spend, while much overlooked, is often a prime area for cost savings — if it is managed correctly.

Spending decisions must be considered carefully in every business, especially in the economically volatile markets that are dominating the current business landscape. Typically, procurement departments use two major categories to define their spending: direct and indirect. While direct spending refers to the purchase of goods and services that are needed to produce a company’s final product, indirect spending is less definitive.

One of the worst global economic declines – also known as The Great Recession – officially began in December 2007 and ran through June of 2009. The complete collapse of the housing market caused this 18-month economic hardship affected not just young adults in their 20s and 30s but also many Americans ages 50 and older as they were all directly or indirectly affected by rising unemployment, falling home values and a decline in the stock market. It is easily seen that all three have already started happening and those who choose to ignore these recession signs will be in for a startling reality check.

Ever wonder what happens when you recycle your empty inkjet or toner cartridge? Watch this video to learn more!

Here are Top 5 Reasons Why You Should STOP Recycling Right Now:

Unfortunately, we’ve likely all had to deal with at one time or another, getting ink or toner on our hands or on our clothing accidentally.

Our specialty at Quality Imaging Solutions is providing a more concierge approach to indirect spend reduction and cost avoidance on printer toner cartridge supplies, consumables and hardware.

The pandemic allowed commerce to continue with companies allowing employees to #WFH and continue even with #HybridWorkEnvironments.....giving out home-office “allowances” for purchases like monitors, keyboards….and yes, you guessed it….better work from home office printers. The downside of this was that specifically printer ink and toner spend became #RogueSpend as there were no requirements for printer model standardization.

We are thrilled to announce the partnership between Quality Imaging Solutions LLC and Procurement Foundry.

If you missed the #SupplyChainDiversityDiscussion LinkedIn Live Accelerator event hosted by Kelly Barner last Friday - don't sweat....now you can catch the recording!

If you missed the #SupplyChainDiversityDiscussion LinkedIn Live Accelerator event hosted by Kelly Barner this morning - don't sweat....now you can catch the recording!

If you missed today's LinkedIn LIVE Audio event, 'Small Suppliers - Big Customers: Opportunity or Obstacle' featuring Heather Fotch ~ Founder and WBE/DBE at Quality Imaging Solutions, and Helen Mackenzie ~ Head of Community and Events at Art of Procurement, and hosted by Kelly Barner ~ Procurement and Supply Chain Writer, Founder of Buyers Meeting Point, Head Content and Brand Management at Art of Procurement, and a LinkedIn Accelerator Member - you can now listen to the replay!

Unfortunately, we’ve likely all had to deal with at one time or another, getting ink or toner on our hands or on our clothing accidentally. Maybe when changing out the cartridge, or perhaps when shaking a toner cartridge as it got closer to its end of life, to loosen up loose toner powder inside and squeak by for another couple of days.

Do you know where your printer toner cartridges come from? And more importantly, do you know why you should care?