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Breaking Barriers, Building a Hire Ground – Episode 141: Why You Need a Supplier Diversity Program
“Supplier diversity is an intentional program that reaches out to diverse suppliers. It is about working with your business units to ensure they build relationships with and include suppliers owned by diverse persons.” – Adam Moore
You may be hearing a lot of talk about supplier diversity programs these days. You may also have heard about how implementing them is crucial to success, especially in today’s market and corporate environment. But do you actually need one? What are supplier diversity programs and what can they do for your company’s innovation and quality goods and services?
In this episode, we outline the fundamental reasons businesses need to build a supplier diversity program, especially in the context of the contemporary corporate environment. We discuss how consumer pressure is driving demand for DE&I, ESG, and CSR from companies and how supplier diversity can bridge that gap. We explore how supplier diversity officers act as a business’s first line of risk mitigation. We also discuss how diverse suppliers stepped up and fulfilled product demand during the height of the COVID-19 pandemic and underscore how supplier diversity professionals act as conduits between a company and the communities they want to connect with.
This week on Breaking Barriers:
- What supplier diversity is and why it’s vital to companies today
This podcast is brought to you by Hire Ground
Hire Ground is a technology company whose mission is to bridge the wealth gap through access to procurement opportunities. Hire Ground is making the enterprise ecosystem more viable, profitable, and competitive by clearing the path for minority-led, women-led, LGBT-led, and veteran-led small businesses to contribute to the global economy as suppliers to enterprise organizations.
For more information on getting started please visit us @ hireground.io today!
If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.
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By Cloe Guidry-Reed
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3434 ratings
“Supplier diversity is an intentional program that reaches out to diverse suppliers. It is about working with your business units to ensure they build relationships with and include suppliers owned by diverse persons.” – Adam Moore
You may be hearing a lot of talk about supplier diversity programs these days. You may also have heard about how implementing them is crucial to success, especially in today’s market and corporate environment. But do you actually need one? What are supplier diversity programs and what can they do for your company’s innovation and quality goods and services?
In this episode, we outline the fundamental reasons businesses need to build a supplier diversity program, especially in the context of the contemporary corporate environment. We discuss how consumer pressure is driving demand for DE&I, ESG, and CSR from companies and how supplier diversity can bridge that gap. We explore how supplier diversity officers act as a business’s first line of risk mitigation. We also discuss how diverse suppliers stepped up and fulfilled product demand during the height of the COVID-19 pandemic and underscore how supplier diversity professionals act as conduits between a company and the communities they want to connect with.
This week on Breaking Barriers:
- What supplier diversity is and why it’s vital to companies today
This podcast is brought to you by Hire Ground
Hire Ground is a technology company whose mission is to bridge the wealth gap through access to procurement opportunities. Hire Ground is making the enterprise ecosystem more viable, profitable, and competitive by clearing the path for minority-led, women-led, LGBT-led, and veteran-led small businesses to contribute to the global economy as suppliers to enterprise organizations.
For more information on getting started please visit us @ hireground.io today!
If you enjoyed this episode, please subscribe and leave a review wherever you get your podcasts.
Apple Podcasts | TuneIn | GooglePlay | Stitcher | Spotify
Be sure to share your favorite episodes on social media and join us on Facebook, Twitter, and LinkedIn.