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