Frequently Asked Questions

Supplier Diversity and Equity is a proactive strategy for including historically under-utilized businesses, vendors and communities within the supply chain and business practices while also helping them scale and grow.

Supplier Equity and Diversity benefits communities in a myriad of ways by improving  the overall economic health and wellbeing of communities through sustainable business growth and development.  Dollars spent with historically under-resourced businesses equate to job creation, increased tax revenues, improved education, additional city resources,  healthier food options, safer walkable communities, and more.

Supplier Equity & Diversity benefits the organization in many ways.  These include supplier innovation, supply chain diversification, market access and growth opportunities, opportunities for cost savings, risk mitigation, diverse supply chain talent, increased brand loyalty, talent attraction and retention, and more. 

No, Supplier Equity & Diversity is beneficial for all companies - large or small, for profit and not-for-profit businesses alike. Whether large, medium, or small,  all businesses can benefit from the innovation, cost savings, rich talent, market access, and growth opportunities Supplier Equity & Diversity offers.

While compliance may be a factor, Supplier Equity & Diversity is also about driving innovation, achieving sustainable growth, adding customer value, and gaining a competitive advantage while utilizing diverse suppliers.

Organizations collaborate with managed services providers to tap into a wealth of knowledge, industry best practices, and established networks. This streamlines the implementation of supplier diversity initiatives. Supplier Equity & Diversity Managed Services enable organizations to concentrate on their core business activities while experienced professionals manage diversity programs. This ultimately drives positive social impact, enhances reputation, and gives a competitive edge in the marketplace.

We are glad you asked. Whether you are starting your strategy for the first time or seeking to innovate your current one, let us help you make the steps towards creating a customized Supplier Equity & Diversity solution for your organization.