Thought leadership in supplier diversity is important because it provides a forum for sharing information, resources, tools, methodologies, and experiences to assist in the growth, expansion, and development of the industry. Accept only necessary cookies and close window, Unlock value through intelligent automation, Optimize your supply chain and vendor performance, Manage your contracts to capture lost revenue, Manage your risk and compliance effectively, Gain more insights from your business analytics, Implementing Software-as-a-Service (SaaS), Cybersecurity Defense Maturity Evaluation, Network Security and Segmentation Service, Penetration Testing, Red Teaming, and Threat Simulation, Digital Engineering and Manufacturing Services, Application Development & Maintenance Services, World’s Most Ethical Companies® recognition, Our Corporate Social Responsibility Program, Earth Overshoot Day 2020: What it tells us about what we need to do, Capgemini colleagues come together to find tech solutions to societal problems. Interested in learning more about Diversity in Procurement? Stephany Lapierre is the founder/CEO of Tealbook, a highly coveted supply chain thought leader, and one of the most influential minds in emerging data technologies. These authors are oftentimes the owners of their own diversely owned businesses and through helping them publish their book and their story, we are able to provide them a platform to speak. Why is Supplier Diversity Important? Since diverse suppliers tend to be small businesses, many companies use their supplier diversity programmes to tap into new and varied creative resources and the innovation that is occurring at these firms. 8 – Dealing with Unforeseen Obstacles in the Road (Publish Your Purpose Podcast), Epi. 9 – Enjoying the Little Wins! For example, if you operate in an area with a rapidly-growing minority population, your key relationships with minority-owned suppliers will become more important than ever. All Rights Reserved. South African statistics show that over 50% of the workforce is employed by small businesses. (Publish Your Purpose Podcast), Epi. What Is Supplier Diversity and Why Is It Important? Being supportive of a community and using diverse businesses is good practice but it’s important that there is an intention to be committed to diversity and communities. Diversely owned businesses are usually the ones that give back the most and community impact is something that we strive to ensure we are encompassing in our work. 4 Signs That You Could Benefit from Supplier Management Solutions. Capgemini is associated with Oncor since 2004 and has provided Finance and Accounting services, and Supply Chain services. Hello, my name is Iain Campbell-McKenna, and this is “Procurement in 5-minutes.” That’s right, in 5-minutes I promise to tackle some of the biggest challenges and deepest questions our profession and industry face on a day-to-day basis. Why PYP is LGBTQ+ Owned and Why It Matters? More diverse and ethical supply chain practices can be key attractors for this consumer base. Businesses that are certified by these organizations are the easiest to identify as a diverse business and those that you would want to work with to increase your supplier diversity. Prime Suppliers are companies which attained and/or exceeded 21.5% diversity utilization in 2014. Author Tip: Finding a Comfortable Place to Write, Author Tip: Having a Writing Plan but Being Prepared to Update it, Author Tip: Collecting Stories to Support Your Message, Author Tip: How to Believe Your Story is Worth Telling, Author Tip: Tame the Rogue Board Member in Your Mind, Epi. No need to pay at this stage. Since most diverse businesses are small businesses, they aid in the economic recovery and sustainability of their communities.
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