Driving Business Success with Diverse Suppliers
Supplier diversity is about providing a wide range of companies fair opportunities to bid for, and win, work. It’s about looking for supply chain partners outside our current networks – from different cultural, ethnic and gender backgrounds.
There could be small and medium-sized businesses (SMBs), social enterprises and organizations majority owned and controlled by people from diverse or under-represented groups who could make brilliant suppliers – we just haven’t met them, yet.
Supplier diversity plays a key role in driving business success. Proven benefits include increased innovation, enhanced brand reputation, and a competitive edge. Research shows that a diverse supplier base contributes to long-term growth while fostering strong, mutually beneficial supplier partnerships.
Supplier diversity - inspiration from another sector
The Coca-Cola Company is committed to supplier diversity by maximizing procurement opportunities and proactively engaging and building partnerships with diverse suppliers. Whilst this is not our sector the business benefits remain.
Supplier diversity
Engaging a Diverse Supply Chain
E-learning module
60 minutesSupplier diversity
Unlocking Innovation, Driving Competitiveness and Enhancing Reputation
Document/Presentation
Community engagement
Fluor Community Impact Report
Document/Presentation
Sustainability strategy
Introduction to Sustainability in the Built Environment
E-learning module
“Research from the US indicates that companies which focus heavily on supplier diversity generate 133% greater return on their buying operations”The Hackett Group
Sustainability Assessment
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