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Supplier Diversity

Give a boost to your Supplier Diversity program.

What is Supplier Diversity?

A diverse supplier is a business that is at least 51% owned and operated by an individual or group that is part of a traditionally underrepresented or underserved group. Common classifications are minority-owned enterprises (MBEs), women-owned enterprises (WBEs) and small-business enterprises(SBEs). Over time, the definition of diversity has expanded to include businesses owned by other minority groups such as LGBTQ and proprietors with disabilities.

Supplier Diversity
Business Goal

Why is it important for your business?

Putting in place a Supplier Diversity program will first and foremost showcase your company’s high moral and ethical standards, but it will also allow your company to:

  • Access to new suppliers, innovative solutions and cost savings through increased competition;

  • Anticipate diverse customers’ needs, increase market share and shareholder value;

  • Recruit and retain talent seeking work that has an impact;

  • Increase brand awareness and visibility;

  • Support local communities and economies where your company does business, buys from and operates.

Start a Supplier Diversity Initiative

Your company understands the value of Supplier Diversity and wants to launch a Supplier Diversity program. Here are ways we can help kickstart this initiative:

  • Define Supplier Diversity program KPIs and reporting tools

  • Identify diversity categories that suit your company and geography

  • Get introduced to the relevant certification bodies

Start Supplier Diversity Initiative
Unlock the Potential of Your Existing Supply Base

Unlock the Potential of Your Existing Supply Base

Your company recently put in place a Supplier Diversity program in your country/region. Here are ways we can support:

  • Run and manage complete supplier outreach program

  • Identify existing and potential diverse suppliers in your current supply base

  • Support vendors and client during the vendors' certification process

Identify New Diverse Suppliers Who Suit Your Needs

We can help you identify the right diverse vendors for your organization by:

  • Sourcing new diverse vendors to achieve supplier diversity goals.

  • Managing call for tenders.

  • Helping during the qualification of new diverse vendors

  • Managing new vendor onboarding & registration

Identify new diverse suppliers
Develop a Supplier Development Program

Put in Place a Supplier Development Program

Go the extra mile and let us help you make your company attractive to diverse suppliers by:

  • Adapting and streamlining your current RFI & RFQ Process

  • Adapting your contract requirement to smaller suppliers

  • Putting in a place a Supplier development program

  • Call for Tender for SAP Infrastructure Design & Deployment for a Retail Giant
    Our client is a travel retailer of luxury goods, with stores located in over 14 countries worldwide. As part of their digital transformation strategy, they were looking for a strategic partner to deploy and manage a specific set of services on their SAP infrastructure. We led the end-to-end call of tender on behalf of the client. Key activities included designing an RFP framework to analyze submitted bids from scratch, conducting negotiations with bidders and coaching key stakeholders on IT Procurement best practices.
  • Vendor Management Office Deployment for a Global Bank
    Our client is a global bank, with regional headquarters set up in Singapore. The CIO has engaged us to assess their current supplier relationships and to set up a Vendor Management Office within the bank. We led the end-to-end RFP process, while implementing and coaching internal stakeholders on Procurement best practices. We also performed a Suppliers Matrix Overview for the bank and led negotiations on existing contract terms with key providers. As a result, the client was successfully able to achieve 224% ROI within one month, while ensuring that 100% of projects started on time.

Ready to optimise your business?

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