If you are interested in learning more about supplier diversity and how to achieve it, then this course is tailored for you. Through this comprehensive program, you will gain a deep understanding of supplier diversity and its benefits, learn to develop and implement successful supplier diversity programs, and identify and engage with potential diverse suppliers.
The course is designed to cater to a wide audience, including procurement professionals, supply chain managers, and diversity and inclusion practitioners. It covers a broad range of topics, from the basics of supplier diversity to the most advanced strategies for implementation, providing interactive and engaging learning activities and resources.
By completing this course, you will be able to improve your organization's bottom line by increasing competition and innovation in the supply chain, fulfill legal and regulatory obligations, and make a positive impact on the communities you operate in by supporting minority-owned and women-owned businesses.
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This course comprises three modules covering the benefits, challenges, and best practices of achieving supplier diversity, providing learners with comprehensive insights and strategies for successful implementation.
The first module delves into the benefits of supplier diversity, addressing its bottom-line impact, community and economic impact, innovation and competition, resilience and agility, and talent and brand attraction. It also explores how to achieve supplier diversity and why partnering with diverse suppliers is advantageous, along with a practice quiz.
The second module focuses on the challenges in achieving supplier diversity, including lack of financial access, opportunities, and diversity in government contracts. It also covers the complex procurement process, commitments required, and organizations addressing these challenges, complemented by a practice quiz.
The third module highlights best practices in achieving supplier diversity, emphasizing the importance of analyzing economic stability, experience, and expertise. It also discusses establishing clear communication, creating equal opportunity, and strategies to increase supplier diversity, followed by formative and practice quizzes.
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