_____________________________________________________________________________________________ Supplier diversity
a clear understanding of how these suppliers have directly helped you win more business and ways that supplier diversity can benefit the whole organization and be ready to share these stories with your internal teams .
Make it easy to support supplier diversity
Empowering everyone in your organization to support your supplier diversity goals will greatly improve your program success .
Provide tools and processes that make it easy for everyone to work with diverse suppliers , including a central way for teams to find and source diverse suppliers .
Host tailored conversations with crossdepartmental teams to explain how that team is performing against its supplier diversity goals and provide feedback on their progress compared to other departments . This is a key opportunity to answer questions and inspire innovation .
Small steps to major advancements in supplier diversity
Most companies understand that supporting diverse suppliers is the right thing to do from a business perspective . The key is to empower everyone across your organization to actively support your supplier diversity goals and identify new ways to bring in diverse suppliers .
Significant change cannot happen overnight , but calculated efforts can scale over time as you begin to engage more diverse suppliers and nurture your existing suppliers to retain their partnership . Your best asset is the data you share and the stories you can tell about how diverse suppliers have helped your business succeed . Remember : an increase in spend with diverse suppliers is more than a number on a spreadsheet , it ’ s a family supported and community uplifted . ■
For a list of the sources used in this article , please contact the editor .
Develop true relationships with diverse suppliers Use your supplier diversity data to prioritize relationships that you need to develop for specific business units . Proactively network with suppliers and attend industry events with cross-departmental leaders so you can create business relationships directly .
Meanwhile , you should also deepen your relationships with your existing diverse suppliers and ensure you can continue to partner with them for future projects . Develop
Aylin Basom www . supplier . io
Aylin Basom is CEO of Supplier . io , the marketleading SaaS provider of supplier diversity data and management solutions . The platform enables organizations to track and manage supplier diversity , providing valuable data and insights that drive business growth and social impact . Equipped with unparalleled data intelligence , superior technology , and expert guidance , Supplier . io ’ s customers can establish and advance their supplier diversity initiatives effectively and strategically .
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