One year into the global pandemic, many of us remember how it started - with disruptions in the supply chain. Something that people often overlook in service providers is the lack of diversity in the supply chain. Many companies are taking some steps in diversity hiring, but it’s important for us to take a deeper look at what it takes to integrate diversity into supply chains. First, you need a marketplace that contains minority business owners. At the same time, you also need a pipeline of the businesses that need such services.
The Diversity Consortium has achieved this - and diversity needs to be less talk and more action.
Companies that commit to diversity are more innovative, have greater product innovation, new patent filings, and citations on patents, and in many cases, a better bottom line.
Supplier solutions, community impact, and redefining the rules of engagement in the supply chain are changing the game. Check out the following visual deep dive below for more information:
Infographic by: thediversityconsortium