Intro Corporate Diversity

Why commitments to Diversity in Corporate Purchasing are so important?

Many corporations also institute policies to increase diversity specifically in the area of purchasing.

• Half (50%) of the corporations require diversity training for all buyers.
• Close to a third (32%) of them offer buyers incentives for using suppliers who are women’s business enterprises.
• Many corporations also encourage their prime contractors to pursue women’s business enterprises.
• A majority (79%) encourage their primary contractors to focus on diversity as they consider bids.
• Almost two thirds (61%) of them report that they track their prime suppliers’ subcontracts to confirm the number of diverse subcontractors.
• More than half (52%) of the corporations surveyed initiate a direct connection between 1st-tier suppliers and women’s business enterprises.

• Overview on Corporate Diversity
• Case Study: Office Depot
• Case Study: AOL Time Warner