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September 06, 2016 (Cleveland)

CHAMPS Releases Article on Supplier Diversity

5 Reasons Why Supplier Diversity MattersOn Tuesday, Sept. 6, 2016, CHAMPS Group Purchasing released an article on supplier diversity authored by Field Services Director Ron Esker. The article is the first of a series to be released regularly by CHAMPS Group Purchasing experts in coming months.

Download Esker's article, 5 Reasons Why Supplier Diversity Matters

In the piece on supplier diversity, Esker reviews five reasons the decision (or requirement) to include suppliers that are small, disadvantaged or minority-owned will have a positive impact on an organization:

1. Organizations prefer diversity suppliers for high-profile necessities.

2. Diversity and inclusion makes smart business sense.

3. The diverse population demands a better customer experience using suppliers that mirror themselves.

4. Smaller diversity suppliers are more "nimble" in the market for their customers.

5. Group purchasing organizations have everything to gain promoting diversity suppliers for their members.

CHAMPS Group Purchasing promotes supplier diversity by including several diversity suppliers in its portfolio of custom GPO contracts.

Contact us to learn more about strengthening your mix of diversity suppliers and check back often for articles from the group purchasing experts at CHAMPS.