Diversity and ESG Suppliers

The scope of responsibility for procurement and supply chain teams has grown and evolved over the years. While there remains a strong focus on getting the right products and services at a good price, corporate and governmental mandates are driving changes in the way suppliers are engaged. In particular, organizations are increasingly likely to consider factors like diversity status and ESG.

Diversity and ESG Suppliers

The scope of responsibility for procurement and supply chain teams has grown and evolved over the years. While there remains a strong focus on getting the right products and services at a good price, corporate and governmental mandates are driving changes in the way suppliers are engaged. In particular, organizations are increasingly likely to consider factors like diversity status and ESG.

Diversity and ESG Suppliers

The scope of responsibility for procurement and supply chain teams has grown and evolved over the years. While there remains a strong focus on getting the right products and services at a good price, corporate and governmental mandates are driving changes in the way suppliers are engaged. In particular, organizations are increasingly likely to consider factors like diversity status and ESG.

In particular, organizations are increasingly likely to consider factors like diversity status and ESG.

In particular, organizations are increasingly likely to consider factors like diversity status and ESG.

How Vendorful Can Help:

Organize:

Classification of suppliers for
both diversity and ESG
criteria.

Solicit:

Easily invite
underrepresented suppliers
to sourcing events like RFPs.

Expand:

Identify and plan sourcing
and saving opportunities that
include underrepresented suppliers.

Hit Targets:

Reporting on percentage of
active suppliers that meet
diversity and ESG goals.

Measure:

Reporting on diversity and
ESG participation in
sourcing events.

How Vendorful Can Help:

Organize:

Classification of suppliers for both diversity and ESG criteria.

Solicit:

Easily invite underrepresented suppliers to sourcing events like RFPs.

Expand:

Identify and plan sourcing and saving opportunities that include underrepresented suppliers.

Hit Targets:

Reporting on percentage of active suppliers that meet diversity and ESG goals.

Measure:

Reporting on diversity and ESG participation in sourcing events.