Welcome To Our Supplier Diversity Page
The goal of the Center for Equity and Social Justice's supplier diversity efforts is to eleminate discrimination against businesses on the basis of race, color, national orgin and gender; to monitor and remedy, as appropiate, the effects of past and present discrimination. To promote full, inclusionary contracting practices within the District and encourage full and open competition in the Atlanta Public Schools' procurement and purchasing activities. To enhance contract opportunities for all and promote regional economic developmet through the maximum utlization of small, minority and women-owned business enterprises.
What is supplier diversity and why is it important?
Have you been hearing the term “supplier diversity” but aren’t sure what it means? As with many business terms, the definition and implementation of the words can vary by company. Let’s start with the general definition, then we’ll dig a little deeper.
In general, supplier diversity is a business strategy that ensures a diverse supplier base in the procurement of goods and services for any business or organization. It emphasizes the creation of a diverse supply chain that works to secure the inclusion of diverse groups in the procurement plans for government, not-for-profits, and private industry.
In other words, supplier diversity refers to a supply chain that incorporates businesses owned by diverse individuals or groups.
Supplier diversity is the business practice of consistently including small and diverse-owned businesses in an organization’s procurement activities to improve bottom-line results, such as decreased supply costs via supplier competition, and product innovation through the entrance of new products, services, and ideas.
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Did You Know?
- Per the 2010 Census, 99.7% of US employer firms are small businesses
- Since 1995, small businesses have been responsible for creating 2 out of every 3 net new jobs
- In 2012, minority business ownership was 14.6% (up from 11.5 in 2007)
- In 2012 36% of business owners were women and 9.1% were veterans