The Competitive Advantage Associated with a Diverse Supply Base

Supplier diversity initiatives represent a prime opportunity for procurement to act upon many of the strategies most important to beyond-savings value creation: collaborating with stakeholders, innovating with the supply base, securing the buy-in of the executive team. Rather than being a secondary priority in the aftermath of pandemic-related supply chain disruptions, supplier diversity, and localization initiatives have risen to the top in terms of priority and visibility.

In this episode of Corcentric Conversations, Jennifer Ulrich, Senior Director of Advisory at Corcentric, joined us to speak about the importance of supplier diversity and the many forms of value they can deliver to companies and suppliers alike.