by SupplierGateway | Jan 13, 2022 | Articles, Corporate Social Responsibility, Procurement, Sourcing
Businesses can make a significant contribution to a country’s growth by finding products to source locally. Businesses purchase goods and services locally to support local suppliers’ income and jobs. They also contribute to the general capacity of the...
by SupplierGateway | Nov 4, 2021 | Corporate Social Responsibility
Building a successful supplier diversity program benefits an organization in many ways, such as driving innovation, improving the bottom line, and enhancing brand image. Procurement professionals are expected to not only build but aggressively grow and expand their...
by SupplierGateway | Sep 8, 2021 | Certifications, Corporate Social Responsibility, EDC, Suppliers
Updated 2/28/2022 The initial goal of Supplier Diversity programs was to combat social injustices in the United States by supporting growth and jobs at underrepresented small businesses. Over the last few years, buyers have also realized that effective inclusive...
by SupplierGateway | Sep 8, 2021 | Corporate Social Responsibility, EDC
The pool of diverse businesses has been significantly increasing in the past few years. According to the U.S. Senate Committee on Small Business and Entrepreneurship, there are over 4 million minority-owned companies in the United States with annual sales totaling...
by SupplierGateway | Jun 10, 2021 | Articles, Corporate Social Responsibility, EDC, Suppliers
The Value of a Diversity Certification Getting your diverse business or small business certified expands the pool of opportunities to do business in the public and private sectors. However, less than 5% of of small and diverse businesses don’t have...
by SupplierGateway | Apr 26, 2021 | Articles, Corporate Social Responsibility, Healthcare, Procurement, Sourcing, Supplier Onboarding
With AB 962 Data Reporting, hospitals are expected to increase engagement and partnerships with diverse businesses to leverage the rapid growth of the health sector to benefit marginalized communities in California. What Is AB 962? The California State Assembly...
