SURVEY DATA & LEADERSHIP INSIGHTS
How Supplier Diversity Programs are Evolving to Support Alternate Sourcing
Unlock proven strategies to strengthen sourcing and reduce risk.
Procurement leaders face increasing pressure to manage risk, reduce volatility, and drive measurable impact. Luckily, supplier diversity programs have been proven to reduce cost and risks by sourcing more with small, local, and diverse suppliers.
Supplier.io analyzed over $168 billion in small and diverse supplier spend data, surveyed 400+ supplier diversity professionals, and held 34 one-on-one interviews with industry leaders to identify winning strategies from top programs. This Best Practices for Alternate Sourcing Report provides data-driven and actionable insights from leading procurement teams on how to integrate small, local, diverse, and sustainable suppliers into sourcing strategies for greater resilience and value.
What this report explores:
- How leading companies are evolving their supplier diversity programs
- Proven strategies for identifying & vetting small & diverse suppliers to manage risk
- The role of data, analytics & benchmarking in smarter sourcing
- How alternate sourcing mitigates risk & enhances supply chain stability
- How to gain executive buy-in by demonstrating your business impact
What you’ll learn:
- Emerging metrics and data accuracy
- The political impact on supplier diversity
- Business support and how well leaders are connecting with business peers
- The rising importance of sustainability in procurement
Ready to grow your responsible sourcing program?
Schedule a time to meet with a Supplier.io expert to get started.
