Building an Effective Supplier Diversity Program

Course details

Supplier diversity is a strategic approach that focuses on actively incorporating businesses owned by diverse groups into a company's supply chain and operations. Supplier diversity professionals are an integral part of an organization, communicating and interacting with every function from procurement, to business development, to community relations, and senior executives. In this course, gain an understanding of basic supplier diversity function and the key competencies needed to drive the organization and achieve impactful results. Kathey Porter, a procurement professional specializing in supplier diversity and economic inclusion, discusses key performance competencies to help you to master supplier diversity and drive high-performing execution within your organization.

Learning objectives
Learn why organizations should commit to supplier diversity.
Demonstrate how to align supplier diversity with organizational goals.
Describe the role of a supplier diversity practitioner.
Explain best practices in supplier diversity program structure and the stages.
Illustrate strategies to integrate supplier diversity into the procurement process.
Identify the four organizational Ps–people, policies, processes, and procedures–that drive supplier diversity results.
Recognize the who-what-how of your organization.
Define supplier diversity management.

Concepts

0. Introduction

01 - Why organizations should commit to supplier diversity

1. The Supplier Diversity Leader

02 - Your role in the community economic ecosystem
03 - Hats of the supplier diversity professional
04 - Supplier diversity skills needed for success
05 - Your role in increasing leadership buy-in
06 - Your role in leading change management

2. The Internal Organization

07 - Integrating supplier diversity into the procurement process
08 - Identifying your four organizational Ps (people, policies, processes, and procedures)
09 - Understanding your supplier program structure
10 - Supplier diversity - Who-What-How of your organization
11 - Understanding supplier diversity management

3. External Activities and Partnerships

12 - Determining the stage of your supplier diversity program
13 - Identifying the right activities for each stage
14 - Suppliers and the relationship building process
15 - Building supplier diversity allies
16 - Finding the right partners for supplier diversity

4. Evaluation of Goals

17 - Establishing supplier diversity program metrics
18 - Broadening your horizons beyond spend and utilization

Conclusion

19 - Supplier diversity program - Putting it together