These types of initiatives add economic value as they encourage the growth of diverse businesses. Typically, diverse businesses encounter barriers that challenge their startup and sustainability efforts, including access to capital and networking opportunities. Effective supplier diversity strategies have the ability to alleviate these issues.
Supplier diversity initiatives tend to uplift the communities where diverse businesses (such as ethnic minority businesses) are located. This happens through:
We are currently in the process of compiling a recommended list of suppliers to diversify our client's supply chain. This oppurtunity will give you access to the following benefits:
minority owned business?