Report Best Practices for Supplier Diversity in 2025
Procurement leaders face increasing pressure to manage risk, reduce volatility, and drive measurable impact. Luckily, supplier diversity programs have been proven to reduce cost and risks by sourcing more with small, local, and diverse suppliers.
Supplier.io analyzed over $168 billion in small and diverse supplier spend data, surveyed 400+ supplier diversity professionals, and held 34 one-on-one interviews with industry leaders to identify winning strategies from top programs. This Best Practices for Supplier Diversity Report provides data-driven and actionable insights from leading procurement teams on how to integrate small, local, diverse, and sustainable suppliers into sourcing strategies for greater resilience and value.and diverse suppliers
What this report explores:
- How leading companies are evolving their supplier diversity programs
- Proven strategies for identifying & vetting small & diverse suppliers to manage risk
- The role of data, analytics & benchmarking in smarter sourcing
- How alternate sourcing mitigates risk & enhances supply chain stability
- How to gain executive buy-in by demonstrating your business impact
