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Meeting your supplier diversity and ESG goals can feel impossible without the right strategy. Fortunately, your leading source for best practices, insights, and information is right here.
Supplier diversity is the business practice of consistently including small and diverse-owned businesses in an organization’s procurement activities to improve bottom-line results, such as decreased supply costs via supplier competition and product innovation through the entrance of new products, services, and ideas.
The analysis reveals $168 billion spent directly with these suppliers generated a total economic impact of $303 billion, underscoring the far-reaching power of inclusive procurement. The report also celebrates companies that are setting new standards in responsible...
