EFFECTIVE SUPPLIER DIVERSITY EFFORTS REQUIRE TRUST
Increasingly companies are pursuing diversity and inclusion initiatives due to internal and external pressures. Wherever your organization is on its journey, we can help.
Five Steps to Improving Your Supplier Diversity Program
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Designing & Building Your Supplier Diversity Strategy >>
Analyzing Your Supplier Diversity Data >>
Implement, Measure, Manage Your Supplier Diversity Program >>
Developing Insightful & Compliant Supplier Diversity Reporting >>
Telling Your Supplier Diversity Story >>
Supplier Diversity is a key component of economic impact and inclusion.
However, make no mistake, not all programs are created equally, and they exist on a spectrum.
Five Steps to Improving Your Supplier Diversity Program
Designing & Building Your Supplier Diversity Strategy >>
Analyzing Your Supplier Diversity Data >>
Implementing, Measuring, and Managing Our Supplier Diversity Program >>
Developing Insightful & Compliant Supplier Diversity Reporting >>
Telling Your Supplier Diversity Story >>
Supplier Diversity is a key component of economic impact and inclusion. However, make no mistake, not all programs are created equally, and they exist on a spectrum.
KUVU analytics software.
Our tool for measuring your
DE&I progress.
Data that measures where you are at every phase of your company’s journey.
MGM National Harbor Benefits from Supplier Diversity
Increasingly companies are pursuing supplier diversity and inclusion initiatives due to internal and external pressures. Wherever your organization is on its journey, we can help – and companies that invest in their communities, profit even more.
The Bottom Line?
Supplier Diversity Can Help.
- Improves your reputation in the community
- Breaks the status quo and provides an expanded talent pool of suppliers
- Customers expect companies to increase diversity & inclusion efforts
- Meet regulatory requirements and enhance your ESG performance
- Create loyalty with your clients
The Hackett Group’s Supplier Diversity Study found that companies who dedicate 20% or more of their spend to diverse suppliers can attribute as much as 15% of their annual sales to supplier diversity programs. Depending on annual sales numbers, previous studies have put the ROI of a supplier diversity program as high as 133%.
Read more from Michigan State about the “The Importance of Diverse Suppliers Within the Supply Chain”
Take the Laisar Supplier Diversity Assessment and see how you rank against other organizations.
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