Sievo’s spend diversity reporting serves as the core of our supplier diversity program, enabling us to create monthly dashboards that give our business stakeholders and other individuals insights into our efforts and the results we are achieving.
To have a successful SD program, it is important to truly look at your data and metrics at the early stage of the program. Tools like Sievo may help you to build your business case, allowing you to start seeing how many diverse suppliers you currently have and other supplier diversity attributes. Ultimately, the data helps you to begin acquiring the energy and synergy from your business partners and stakeholders that success requires.
Citrix builds the secure, unified digital workspace technology that helps organizations unlock human potential and deliver a consistent workspace experience wherever work needs to get done. With Citrix, users get a seamless work experience and IT has a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments.
Through its Supplier Diversity (SD) program, the company aims to create awareness through social inclusion of businesses owned by under-represented groups and/or people in its supply chain. A diverse supplier base helps Citrix better understand its customers’ needs. This increases creativity and promotes innovation, helping Citrix to provide long-term value to its customers.
Citrix had difficulties in identifying their diverse suppliers
Sievo’s Spend Analytics, and Diversity tools give Citrix visibility on its diverse spend & diverse suppliers
With Sievo’s user-friendly dashboards, Citrix has a holistic view of its SD program, the ability to track diversity status, and greater supply chain knowledge to support its diverse suppliers
While Citrix knew how and what it wanted for its supply chain, it did not know who in its supplier base fit in the overall Supplier Diversity program. The Supplier Diversity team was using outdated tools that limited its progress of reporting and created difficulties identifying diverse suppliers.
With Sievo, our users can filter suppliers by region, category drill-down, diversity spend
share and access the specific data they need to make optimal decisions.
Sievo’s ability to enrich Citrix’s spend data with third party diversity data gives Citrix an up-to-date view of its diversity suppliers and
spend without manual work. The accessibility and ease of Sievo’s tool navigation gives Citrix a wholistic picture of its supplier base.
Providing Citrix visibility into its current supplier base’s diversity status facilitates realistic goal setting for development initiatives.
The holistic view of the SD program gives Citrix the ability to track the supplier diversity attrition of its diverse spend. To track the current and historic diversity status of its suppliers, Citrix uses Sievo’s Supplier Diversity reporting for its weekly Supplier Diversity Spotlight meetings and its monthly Supplier Diversity Briefing with stakeholders.
A diverse supplier base promotes innovation within a company, but it does not stop there. SD also increases the supply chain knowledge of an organization, which is especially beneficial in troubling times. Thanks to its SD program, Citrix could focus its efforts to support diverse suppliers with the challenges they have faced during the pandemic to reduce the impact the pandemic has had on Citrix’s supply chain.
How Mars doubled their PnL Savings with Sievo
The success of Mars is rooted in its change management methodology: people, process, technology, and then more people. Mars doubled their PnL Savings and got a Business Alignment on the Pipeline that exceeded 90% by using Sievo Savings Lifecycle Solutions.Read Next Case Study
Why Sievo is Great to Partner With
Hear directly from the Senior Specialist, Sourcing Development at Fazer about the true value behind working with Sievo. Besides data transparency, the working relationship is also one of them.Watch Next Case Video
Joint webinar organized by strategic partners Sievo and supplier.io. For this unique live session, we invited the CEO of supplier.io, Neeraj Shah, to discuss about the importance of supplier diversity and walk you through the full process of building up a successful supplier diversity program.Watch Webinar
This guide will help you understand what Diversity is, helps you navigate the importance of diversity in procurement, positioning for long term success, and how to improve visibility with data.Read whitepaper
In this article, we'll cover the best supplier diversity calculations and success metrics.Read article