Supplier Diversity

Companies that develop strong relationships with suppliers owned by women, minorities, people with disabilities and LGBT people and help them through mentoring, financial education and financial assistance build brand loyalty that is reflected in their workforce and consumer/client demographics.

• Supplier Diversity: How Can You Make the Business Case?
  

  Here’s how Toyota, Walmart, Ameren and Cox Communications have fueled economic growth by doing business with MBEs and WBEs.Read More

• A Win-Win: Companies Thrive, Communities Get a Boost With Supplier Diversity
  

  Companies such as PSEG, Wells Fargo, HCSC, Cargill and SUPERVALU are using supplier diversity to communicate company values, spur innovation and benefit their local communities.Read More

• Is Walmart’s Women’s Initiative for Real?
  

  Walmart has announced a multi-billion-dollar global women’s plan. What motivated the company to empower and reach its predominantly female global customers?Read More

• Why Does the Fed Have So Little Supplier Diversity?
  

  Compelled by a Freedom of Information Act request to release its supplier-diversity data, the Federal Reserve shows some disappointing numbers. See our interview with the man who forced the Fed to go public.Read More

• The DiversityInc Top 10 Companies for Supplier Diversity
  

  Why is supplier diversity so important to diversity management and business growth? What best practices are the leading companies using to increase their utilization of and the viability of these vendors?Read More

• A Helping Hand: Banker Luke Yancy Aids Suppliers
  

  The Mid-South Minority Business Council helps small minority-owned and women-owned businesses become competitive suppliers.Read More

• How Supplier Diversity Helped Change Walmart’s Way of Thinking (VIDEO)
  

  Walmart's Theresa Barrera discussed the company's deliberate move to go after and advocate for diverse suppliers at a roundtable on supplier diversity at DiversityInc's headquarters. Watch more here.Read More

• Why Is Tier II Supplier Diversity Important? (VIDEO)
  

  How is Cox Communications holding itself accountable for developing Tier II (subcontractor) suppliers? Hear what the company is doing, including putting supplier diversity in its contract templates to communicate an increased level of reporting and commitment.Read More

• Maintaining and Growing Diverse Suppliers (VIDEO)
  

  Toyota's Adrienne Trimble talked to a DiversityInc roundtable about the company's supplier-diversity challenge: whether to add new minority-owned suppliers or grow procurement opportunities for the current ones during this economic downturn.Read More

• Taking Supplier Diversity to the Next Level
  

  Despite shrinking budgets and more stringent regulations, corporate supplier-diversity programs are thriving. Here's how several companies are making a significant economic impact through leadership commitment, more efficient practices and innovative ideas.Read More