The State of Supplier Diversity Programs
According to CVM Solutions, the supplier diversity industry has come to a fork in the road. One path leads to a place where the supplier diversity concept is firmly entrenched in the public and private landscape, where most companies and government agencies strive to increase their diverse spend year over year. The other path leads to a place where companies do not take advantage of the growing potential of supplier diversity initiatives. Such companies will find themselves at a competitive disadvantage in the coming years.
CVM Solutions set out to discover what supplier diversity professionals are experiencing with their organizations’ programs—the challenges they are facing, the ways that they manage and measure their programs, their thoughts about where supplier diversity is headed. CVM Solutions submitted a survey to supplier diversity professionals. These professionals have ringside seats to the trends that shape the industry and have a say in the policies and programs that will usher the industry into the future.