Best Practices for Finding Diverse Suppliers

Finding credible new diverse suppliers is the biggest challenge for 75% of organizations. Finding new trustworthy suppliers goes well beyond just networking events and industry group membership. Leaders make finding new diverse suppliers easy, low risk, and data driven.

Leaders mine their own data more deeply for possible diverse suppliers. They partner with business unit (BU) leaders to identify specific categories to grow, and they analyze the market for possible diverse suppliers that can help. And they better leverage vendors and industry partnerships for more effective matchmaking.