Business Terms
Supplier Diversity Program
A proactive business program that promotes the use of diverse-owned businesses in an organization's supply chain.
In context
How Supplier Diversity Program works in supplier diversity
Supplier diversity programs include policies, processes, and resources to identify, develop, and do business with diverse suppliers. Programs typically include registration portals, matchmaking events, capacity building initiatives, and spend tracking. Most Fortune 500 companies have formal supplier diversity programs.
Example
Real-world example
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