What Is Supplier Diversity?

Diversity is:

is a social procurement program
with historical roots in the US Civil Rights movement,
now spreading internationally,
in response to the needs and desires of consumers, customers, investors, and other stakeholders in local communities,
supported by organizations who purchase,
to actively develop and grow inclusive supply chains, and
promote equitable access to LGBTQ+, aboriginal, women, veteran and other visible minority-owned and operated businesses.

“Culturally-transformative” business program tied to your :
- Diversity and Inclusion mandate
- Corporate Social Responsibility program
- Business case, tightly-coupled with company strategic imperatives
Close connections to your external ecosystem of diverse suppliers & MBE-certifying associations
Well-worded, published & endorsed Supplier Diversity Policy
Supplier diversity vision and strategic roadmap in place, and bringing it to life
Active, visible & respected executive-level sponsorship
Continuous, ongoing outreach & engagement of diverse suppliers
Procurement practices modified specifically to accommodate diverse suppliers
Dedicated Supplier Diversity staff and engaged employees, supporting the program across the organization
Measurement and rewards, supporting everyday supplier diversity program successes
Regular & transparent communications regarding your supplier diversity program status & plans