Supplier Diversity2018-08-22T14:11:49+00:00

Benefits of Supplier Diversity

Through initiatives like supplier diversity, under-represented suppliers are provided the chance to grow in terms of business acumen, professional development, business connections and bottom line results. These relationships are mutually beneficial in that as these suppliers grow, your procurement organization gains the following:

  • Greater supply chain competitiveness and service delivery
  • Increased supply chain resilience
  • Enhanced organizational reputation and brand equity
  • Increased product and service sales opportunities in diverse markets
  • Positive socio-economic development gains in diverse communities
  • Increased employee satisfaction and retention

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