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ILR School

Developing and Managing an Effective Supplier Diversity Program (DV358)

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About the course

In an effort to comply with government regulations and to gain a competitive advantage, many organizations have designed and implemented supplier diversity strategies and programs. This workshop will examine:

  • Gaining competitive advantage through supplier diversity
  • Essentials of the supplier diversity program
  • Establishing your supplier diversity profile to realize business goals and to benchmark comparable organizations in order to improve your own

Key Topics

The need for a strategic approach to supplier diversity

  • Ten strategies for improving supplier diversity programs
  • Ten strategies for making the relationship work

Identifying and overcoming potential obstacles in implementing a supplier diversity program

  • The best sources
  • Making a strong business case
  • Supplier diversity as an integral part of a diversity strategy
  • An examination of challenges and opportunities
  • Measuring and tracking success
  • Training and education on supplier diversity

Supplier diversity fact vs. fiction

  • Why supplier diversity programs fail
  • Why supplier diversity relationships are often difficult
  • Organizational image as a barrier to supplier diversity

Why procurement must partner with the entire organization to ensure success

Holding managers accountable for supplier diversity

Building and marketing an effective supplier diversity plan

Special Features

  • Extensive case study and application
  • Overview of best practices in supplier diversity
  • Exceptional guest speakers

Who should attend

Purchasing managers, purchasing officials, supplier diversity managers, diversity professionals, and others responsible for supplier diversity and supply chain management

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