These are the dimensions of your program. The goal of any diversity program is to become a self-sustaining pipeline. Each organization will need to find its best fit, but these are some important elements to include in your program.
What- this is the first impression of your program. What do you want to say? What do you want vendors and the public to know about your supplier diversity program? How-It initially begins with your program marketing material. What do you give to vendors and people seeking information. It should limited to one page with clear instructions on how to do business with you. Who-this is can change with every event or presentation, however you need to be sure that you are highlighting information relevant to your audience.
Buying-Is your organization a decentralized buying agency? Do you have corporate cards? Is their a limit? Do you need board approval? Do you buy utilizing competitive contracts or can you sole source purchases?
Building A sustainable diversity Program
BUILDING A SUSTAINABLE DIVERSITY PROGRAM
Stability in your supply chain
Increased quality and decreased price
Reduced employee turnover
What’s in it for me?
BUILDING YOUR PROGRAM
KNOW HOW YOU BUY
The most important part of a diversity program is knowing your categories.
o Know where you spend the most money.
o Know where you have the most and least diversity.
o Know how your organization buys.
o Know the vendors in your service areas.
Do you have a vendor database? What are the rules?
Are certifications required?
Do you prefer SIC codes or NAICS codes?
What is the preferred communication method?
How are suppliers expected to respond to opportunities?
What are the
How do they