Supplier Diversity Enhancement-Inclusion

Supplier Diversity Enhancement and Inclusion

An effective supplier diversity initiative can help companies and organizations better reflect the diversity of the communities in which they serve. A strong supplier diversity initiative will drive more interest in, and support of, their goods and services by the diverse business community. The goals of such an initiative should include:

Attracting the best and brightest suppliers/service providers, etc.;
Increased diverse supplier participation and spend (diverse spend parallel to diversity present within the community);
Increased potential for savings on goods/services through increased competition, and;
Best-in-class supplier diversity as a leading example to be proud of and for others to follow.

ESG’s Supplier Diversity and Inclusion Expertise
The ESG team has conducted extensive analytical, educational, informational and developmental minority outreach efforts as part of broader supplier diversity initiatives for customers including the Kentucky Community and Technical College System (KCTCS), The PGA of America, the 2010 Alltech FEI World Equestrian Games, Messer Construction Co. and more. Many have been in conjunction with, and included the support of, prominent organizations such as Lexington-Fayette Urban County Government (LFUCG), the Urban League, Tri-State Minority Suppliers Development Council (TCMSDC) and Commerce-Lexington. Various marketing and public relations media, including advertising, press releases, media coverage, email campaigns and custom support materials (including informational handouts), have all been designed and implemented by ESG to further promote and publicize supplier diversity program outreach opportunities for our customers. In addition, ESG’s diverse supplier repository contains thousands of qualified diverse-owned businesses ready to respond to your RFP/RFQ/RFI opportunities.

The following provide excellent examples of the work product created by the ESG Team and what we can successfully assist your organization with today.

"We engaged ESG to help us develop and implement the supply management strategy for our organization. ESG did an excellent job walking us through the process of understanding the current state of our organization and the effort required to reach our long-term objectives. They were instrumental in creating an effective strategy for managing our third party expenditures in a cost effective manner during a very tumultuous time for our bank. Their end product has positioned us to reduce operating expenses, improve supplier performance and manage our supplier relationships with confidence."

"ESG's supplier qualification process was an opportunity for me to take our company to another level… asking that I look at our company in a way that I never had. It allowed me to see us in a more professional light than I had before. It was wonderful. Thank you so much for all of the work you are doing on our behalf. It is needed and greatly appreciated."

“ESG was able to deliver quantifiable results which had a positive impact to our bottom line while consolidating our supplier base and increasing our spend with diverse suppliers."

“ESG provides an automated system that gives us corporate-level control of our supply chain, as well as a way to reach minority suppliers. ESG identified savings in excess of $3 million (over $22,000 for each of our locations), improved service, and helped us further demonstrate our inclusion commitment.”

“With the assistance of ESG, our organization's enhanced Supplier Diversity Initiative is an ideal way for us to express our support for the diverse businesses in our community, demonstrate best-in-class supplier diversity for educational institutions in Kentucky, and allow these businesses to learn more about what our campuses have to offer.”

Supplier Diversity Enhancement and Inclusion

Additional Information on ESG's Supplier Diversity Enhancement and Inclusion Expertise