In times when global brands are sourcing goods and services from across the world, consolidating the supplier base becomes strategic, creating economies of scales and reducing administrative burden. However, it also reduces the chances of accessing the best suppliers and the most innovative solutions. True industry leaders recognise the urgent need to expand their global sourcing efforts to meet the needs of an increasingly diverse customer base and to capitalise on innovative local talent identified through inclusive sourcing strategies.
Jointly presented by MSDUK, the UK’s leading supplier diversity advocacy network, and the Chartered Institute of Procurement & Supply (CIPS), this publication provides procurement leaders and professionals with an overview of the business case for an inclusive and diverse supply chain. It includes contributions from senior supply chain experts and companies with world-class supplier diversity programmes and provides real-life examples and best practices to embed supplier diversity beyond procurement. It is an essential roadmap for any organisation looking to establish a world-class supplier diversity programme that brings innovation to business, makes supply chains more competitive and flexible, and delivers socio-economic value while enhancing reputation.
- What supplier diversity is?
- What value does a diverse supply bring?
- Why is supplier diversity important to business?
- Why is supplier diversity important to CPOs?
- Why is supplier diversity still a challenge?
- What can be done to make it happen?
- What makes supplier diversity work?
- Practical case studies from three organisations
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