From the course: Supply Chain Foundations: Supplier Development and Diversity
Join today to access over 23,200 courses taught by industry experts.
Set supplier diversity goals
From the course: Supply Chain Foundations: Supplier Development and Diversity
Set supplier diversity goals
- You know the saying, "What gets measured, gets done." While companies implement supplier diversity goals Boston Consulting Group reminds us that there is no magic number that automatically defines success. Not every company moves at the same pace and many have different commitments to supplier diversity. Its study underscores that the more organizations reach supplier diversity objectives, the more they are likely to reach larger corporate objectives. I've seen a pattern at some large corporations where employees are compensated for their contributions to the success of supplier diversity. Companies that are taking such steps have made supplier diversity a strategic priority. This said there are three major traditional drivers for an organization setting supplier diversity goals. One is for public sector regulatory compliance reasons. The second is for social benevolent purposes, and a third is to align supply chains.…
Practice while you learn with exercise files
Download the files the instructor uses to teach the course. Follow along and learn by watching, listening and practicing.
Download courses and learn on the go
Watch courses on your mobile device without an internet connection. Download courses using your iOS or Android LinkedIn Learning app.