Building a Supplier Diversity Program

"Strategies in Supplier Management, Diverse Procurement, Auditing, and Compliance"

Created by: Adarsh Amal
Masters in Shipping, Logistics & Supply Chain Management.

What Will I Learn?

• Grasp supplier diversity essentials: Understand the core concepts, historical evolution, and business significance of supplier diversity.
• Audit & benchmark diverse suppliers: Learn to conduct supplier diversity audits and benchmark against industry standards for improved performance.
• Set diversity goals and policies: Master setting actionable, impactful supplier diversity goals and developing inclusive procurement policies.
• Engage and develop diverse suppliers: Acquire skills in identifying, engaging, and fostering long-term relationships with diverse suppliers for growth.
• Legal and ethical compliance: Understand compliance requirements and ethical considerations essential for a sustainable supplier diversity program.
• Promote diversity and innovation: Learn strategies to promote diversity within the supply chain and encourage innovative practices among suppliers.
• Manage performance and adaptation: Gain expertise in evaluating supplier performance, managing continuous improvement, and adapting to changes.
• Measure social impact of diversity: Understand how to assess and communicate the broader social impacts of supplier diversity in business and society.

Requirements

• Basic Knowledge of Supply Chain and Procurement.
• Curiosity and a Stable Internet Connection.

Target audience

• Supply Chain and Procurement Professionals: Individuals working in supply chain management, procurement, or purchasing who are responsible for sourcing and managing supplier relationships. The course will enhance their ability to integrate diverse suppliers into their supply chains and manage these relationships effectively.
• Business Leaders and Executives: Senior executives and decision-makers who are responsible for setting strategic directions for their organizations. The course will provide them with insights on how supplier diversity can contribute to business innovation, competitiveness, and social responsibility.
• Diversity and Inclusion Officers: Professionals tasked with overseeing diversity and inclusion initiatives within their organizations. The course will help them understand how supplier diversity fits into the broader context of corporate diversity and inclusion strategies.
• Entrepreneurs and Business Owners: Business owners, particularly those from underrepresented groups, seeking to understand how they can become part of the supply chains of larger organizations as diverse suppliers.
• Human Resources Professionals: Individuals responsible for talent management and organizational culture who are looking to integrate supplier diversity into their company's broader diversity and inclusion goals.
• Sustainability and Corporate Social Responsibility Professionals: Those involved in sustainability and CSR initiatives, looking to understand how supplier diversity can contribute to sustainable business practices and positive social impact.
• Students and Academics: Students studying business, supply chain management, or related fields, and academics researching in these areas who are interested in the latest practices and theories around supplier diversity.
• Policy Makers and Government Officials: Individuals involved in creating policies or regulations that influence corporate procurement practices, aiming to understand the impact and implementation of supplier diversity programs.