In the month of February, supplier diversity often becomes part of the conversation thanks to the spotlight on minority-owned businesses and equity in procurement. But supplier diversity can’t just be a once-a-year headline or a feel-good compliance metric. For...
January is a reset button. It’s a chance to step back, refocus, and set the tone for the rest of the year. And if you’re running or contributing to a supplier diversity program, this is the time to move from reactive to proactive. Whether you’re starting fresh or...
Most companies know they need to train their teams on supplier diversity. But many stop after a single presentation or lunch-and-learn. The procurement team gets a checklist, a few department heads get a deck, and the box gets checked. That might be enough to start a...
Let’s be honest: everyone talks about the importance of supplier diversity, but not enough people talk about how to measure its return on investment. That creates a problem. Because if you can’t quantify the value of your program, it becomes harder to justify the...
Everyone says they want a “mature” supplier diversity program. But what does that actually mean? It’s not just about having more diverse vendors on your roster. It’s about having the systems, processes, visibility, and accountability in place to drive real...
Most companies talk about their supplier diversity strategy. Fewer talk about their supplier data governance. But here’s the reality: without the latter, the former doesn’t work. Supplier data governance isn’t a back-office technicality. It’s the foundation for every...