You don’t have time to read multiple pages to understand a topic. Find a series of 1-Minute Readings on the topic of Supplier Diversity & Inclusion here.
COMMON KPI’S FOR SUPPLIER DIVERSITY & INCLUSION
OF SPEND with diverse suppliers
AMOUNT OF SPEND with diverse suppliers
NUMBER OF DIVERSE SUPPLIERS
RETENTION RATE of diverse suppliers
Number of diverse suppliers INVITED TO BID ON CONTRACTS
Number of diverse suppliers who are AWARDED WITH A CONTRACT
Number of JOBS CREATED
Number of TRAINING OR OTHER DEVELOPMENT PROGRAMS offered to diverse suppliers
HOW TO START? ASK YOURSELF FOLLOWING QUESTIONS:
What KPI’s do we already have in place?
What is our RFX’s process?
Do we know our diverse suppliers?
What is it that we want to achieve?
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