We advance economic opportunity for people of color through advocacy, community and coalition building, research, and leadership development. Founded in 1993, The Greenlining Institute envisions a nation where communities of color thrive and race is never a barrier to economic opportunity. Companies that report strong support from executive leadership and concerted efforts to include diversity at all stages in the procurement process continue to show strong results. While these results are impressive, several companies report internal pressure to reduce or eliminate their supplier diversity programs. Reginald Williams serves as consultant to corporate management on supplier diversity. Examples: “Let’s Do Business” and “Supplier Diversity Corporate Plan.” Over 2,000 suppliers registered to do business with USPS in 2013, for a total of over 11,000 suppliers registered on Supplier Registration tool. 715 0 obj
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Publication 554 - Supplier Diversity Terms December 1997 : For Postal Service buyers, potential suppliers, and industry or trade organizations, this glossary establishes definitions for unique or special words or phrases that are used within the supplier diversity arena. Solutions include (1) selecting low risk, cost-effective categories to be matched against diverse supplier capabilities, (2) matching diverse supplier availability against high yield categories and (3) selecting mission-critical requirements offering highest potential. While innovative law firms have implemented supplier diversity programs, many corporate firms have not yet explored this area of diversity promotion. Drive enterprise-wide engagement. Williams is a founding member of Institute for Supply Management®’s Minority Business Development Group. 15 [...], Diversity & Inclusion, Health Equity, Economic Equity, Energy Equity, Environmental Equity, Technology Equity, Removing Barriers, Creating Economic Opportunity. It is particularly encouraging that 2018 saw overall strong results at a time when the energy and communications industries underwent significant shifts in the landscape. h�bbd```b``a ��@$������@$W�T���!`qY�H2���k���V ��Ad�6�H�{A�o��$�&�g`bd`2���H'�?C�;� �f
There is much to be learned from corporate clients as law firms begin to explore this new frontier for diversity. The companies’ spending on LGBT-owned suppliers saw some improvement, but still has a long way to go. The cable industry continues to neglect supplier diversity, with Comcast and Cox both receiving grades of F. Comcast’s contracting with minority suppliers dropped sharply this year.
Develop sustainable strategies. With the exception of Verizon, Cox, and Sprint, the companies’ spending with African American Business Enterprises continued to be a challenge. Stefanie Miller. 695 0 obj
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California’s energy, telecommunications, and water companies remain at the forefront of supplier diversity achievements, with a “class average” well above their peers nationwide. Identify environmentally friendly opportunities with contract cycles beyond the pandemic. Adopt safety and security protocols to adapt to “the new normal.”. Increased focus will be placed on supplier diversity spending data integrity. Remain vigilant over Tier-2 performance during the crisis. 0
However, there is still progress to be made.
Get Involved: Join Greenlining in the fight for racial justice. Supplier Diversity is a business strategy that ensures a diverse supplier base in the procurement of goods and services for any business or organization. Despite these challenges, many of the companies in those industries maintained or increased their supplier diversity spending. • Supplier Diversity Inclusion Policy: This type of policy requires the credit union to include a certain percentage (e.g., 20 percent, 30 percent, etc.)
Wireline and wireless companies have experienced a shift from regulation at the federal level to regulation at the state level, which may result in those companies having to adjust their business models in response to state-level regulation. We make recommendations based on what we see in the numbers and what we hear from the companies themselves about their programs and practices.
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