Check out my next blog posts where I will share 1 minute readings with simple explanations of Supplier Diversity & Inclusion, what it is, what it isn’t, why companies do it, what questions you should ask yourself when starting off and more. It won’t take you more than 1 minute to read and understand!
Tag Archives: dei
What’s Stopping You From Extending DE&I Efforts To The Supply Chain?
Extending your Diversity, Equality & Inclusion efforts to your supply chain should be a no brainer. Procurement spend is a company’s single largest cost element and a crucial component of the value chain. Procurement represents 30% of a service company’s revenue and at least 50% of a manufacturing company’s revenue. It’s also, then, a company’sContinue reading “What’s Stopping You From Extending DE&I Efforts To The Supply Chain?”
Swiss WBE Dinner
What an inspiring evening with some WEConnect International certified Swiss women business owners on February 27 in Zurich. We had meaningful conversations on how to make WEConnect International and the concept of Supplier Diversity & Inclusion better known in Swiss companies. Discussions will continue and actions will be determined at a next meeting in April!Continue reading “Swiss WBE Dinner”
Are Your Supplier Diversity & Inclusion Efforts Visible ?
And are you ready to participate in a Supplier Diversity & Inclusion Award? Awards are a very important platform when it comes to visibility and cross company exchange of procurement experts also in regards to Supplier Diversity & Inclusion. Participating in supply chain awards is a great way to gain recognition for your organization’s achievementsContinue reading “Are Your Supplier Diversity & Inclusion Efforts Visible ?”
How Can I Increase My Diverse Supplier Base In 2023?
Would you like to include more diverse owned businesses in your supply chain in 2023? There are several ways to do this. Below is a selection of actions you can take: fips consulting is ready to help you build and enhance your Supplier Diversity / Inclusive Sourcing efforts. If you are ready too, contact.
Are you ready for the EU Corporate Sustainability Reporting Directive (CSRD)?
In just over a year, on January 1, 2024, the CSRD will come into force. Companies already in scope of the Non-Financial Reporting Directive (NFRD) will need to report in 2025 based on FY 2024 information – so get ready now. The CSRD proposal applies double materiality. Double materiality means that businesses must not onlyContinue reading “Are you ready for the EU Corporate Sustainability Reporting Directive (CSRD)?”
Do Your Suppliers Represent Your Customers?
A question not only for business-to-customers (B2C) companies. About 15% of the population in the EU have a disability, 54% are women, 10% of the population in the EU are from a non-white ethnic minority, and 7.1% of the population identify as LGBTIQ+ (US figure). Amazon’s “2022 State of Business Procurement Report” found that 84%Continue reading “Do Your Suppliers Represent Your Customers?”
New Swiss Fund for Women-Led Tech Startups
Switzerland-based venture capital fund Privilege Ventures has just launched its fourth fund. The Equity Fonds Privilège provides 20 million Swiss Francs (ca 21 Mio USD) to support tech startups in the digital economy, deeptech and medtech sectors. The focus is on startups that are co-founded and managed by women. The investment thesis is based onContinue reading “New Swiss Fund for Women-Led Tech Startups”
The 15% Pledge & More Great Actions for Inclusive Sourcing
Do you know about the 15% pledge? The Fifteen Percent Pledge is a call to action for major retailers and corporations in the US to create sustainable and supportive ecosystems for Black-owned businesses to succeed. Black people make up 15% of the US population. The 15% pledge asked businesses to dedicate 15% of their shelfContinue reading “The 15% Pledge & More Great Actions for Inclusive Sourcing”
Speaker at the Women’s Forum in Paris
Delighted and honored to announce that I will be a speaker at the Women’s Forum Global Meeting on the session ”Inclusive Supply Chains – an Untapped Potential for Positive Impact?“. In this Daring Circle Women4Business Discovery Session, we will be talking about how increasingly more companies are acknowledging that sourcing from diverse suppliers is notContinue reading “Speaker at the Women’s Forum in Paris”