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"Bettering Business Specialists!"
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Supplier Diversity - "How hard can it be?"
"Bettering Business Specialists!"
Supplier Diversity
“How hard can it be?”
At first glance, managing a supplier diversity program appears to be a
relatively straight forward concept. Procurement professionals are
adept at “vendoring” so that the organization’s basic business needs
are constantly met. These professionals are able to evaluate
requirements for goods and services and they readily develop systems
that provide for those needs, within an acceptable price range.
“So, what is so hard about managing a supplier diversity program?”
Supplier diversity adds an appreciable degree of complication to the
traditional supply chain process. As many companies have learned,
setting goals and milestones is much easier than actually attaining
them.
Through in-depth research, SRG concludes that Supplier Diversity
Programs fail for the following reasons:
"Companies continue to struggle with
supplier diversity programs... as they are
victims of 'not knowing what they don't
know'. Our extensive research has
identified some of the main reasons for
the struggles. Now it's our duty to get
the word out"
Patrick Chavis IV,
SRG Managing Principal
