What is Supplier Diversity?

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With all of the societal issues circulating around race, racism and discrimination it’s important to understand how this pertains to Supply Chain and what role Supply Chain plays in this arena.

Specifically in the area of Procurement there has been a history associated with attempts to direct spending toward diversity owned businesses. There have been successes and failures for sure but the underlying intent of providing business opportunities to those who would otherwise not have that opportunity still makes sense.

In this article we’d like to explore the history and state of Supplier Diversity. For some this is second nature yet for too many others this is not understood or not even known.

What exactly is Supplier Diversity?

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