Supplier diversity is a proactive procurement strategy that encourages organizations to include minority-owned businesses that are underrepresented in their supply base.Download Guide
Supplier diversity initiatives are slowly moving away from a CSR-driven initiative and becoming a business imperative for resistance and agility. It can:
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Most people find that when they bring in diversity suppliers, they find better value, better cost, and innovative solutions.
Organizations that see the expansive value of supplier diversity and put that information directly into the natural workflow of enterprise buyers have opportunities to grow and protect their program in the long term.