What Is Supplier Diversity?
Supplier diversity is a business strategy that ensures a diverse supplier base in the procurement of goods and services for any business or organization. Meaning, a supplier base of minority, women, LGBT, and veteran-owned businesses. Supplier diversity emphasizes the creation of a diverse supply chain by including diverse groups in the procurement plans for government, not-for-profits, and private industry groups. Research actually shows that companies who embrace diversity are more profitable than companies that don’t.
The ConnXus Database Solution
Diversity certification is an important milestone in the life of a supplier because it authenticates that the business is owned, managed, and controlled by a qualifying diverse group. Not all suppliers that fall under the minority-owned category are certified suppliers. Only ConnXus has a searchable database of more than 1.7 million diverse suppliers and certifications to help you find a certified minority-, woman-, veteran- or LGBT-owned vendor for your company. Our database ensures that you will be connected to certified suppliers.
ConnXus’ searchable Database is the best way to quickly contact new diverse vendors at any time, while ensuring that your new suppliers are certified minority-owned businesses.