Less than 1% of corporate spend currently goes to minority supplier development. So, how can procurement pros move the needle?
GEP collaborated with SMI for a deep dive into the challenges and benefits of diversifying your supplier network. This white paper — 5 Steps to Building a Diverse Supplier Network — explores the meaning of supplier diversity and why it is so critical to get it right. “Supplier diversity gives businesses the opportunity to support economic development wherever they operate,” noted Natalie Henfrey, director, GEP.
Learn more about deploying a supplier diversity plan that unlocks innovation and agility while improving your enterprise’s ethical credentials.
What’s Inside:
- Assess your current state of diversity and envision your future state
- Create a category-by-category road map that considers the impact of diversity
- Monitor, manage and continuously update key KPIs
This paper is a must-read for procurement professionals looking to harness the power of supplier diversity.
Theme: Procurement
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