Hacking Supplier Diversity

Download or read book Hacking Supplier Diversity written by Scott Vowels and published by . This book was released on 2017-12-12 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: For over fifty years, proponents of supplier diversity have discussed the positive effect on revenue that comes from using underrepresented suppliers. The problem lies in proving such assertions. For far too long, contracting with businesses owned by women, minorities, and those identifying as LGBTQ has been viewed as a "feel-good" act of corporate citizenship-one that rarely survives the next economic downturn. Hacking Supplier Diversity represents the first time the myriad benefits of a diverse supply chain have been thoroughly detailed and documented. Diversity and Inclusion expert Scott A. Vowels, PhD, redefines supplier diversity, focusing on three core issues: The economic impact of diverse suppliers The ways in which a robust supplier diversity program is a revenue enabler The formula for calculating the return on investment of a supplier diversity program A comprehensive and informative read, Hacking Supplier Diversity does for supplier diversity what Jim Collins' Good to Great and Built to Last did for how companies do business. Utilizing a keen sense of humor and expert storytelling, Vowels makes a definitive argument for supplier diversity as a business imperative.