E-Sourcing Forum » Effective minority supplier strategies

Effective minority supplier strategies

November 28th, 2006 at 06:22am David Bush - Iasta

“Companies wanting to expand their supplier diversity programs can do so without sacrificing savings, according to a recent report by The Hackett Group.”

This begins an article recently run on CFO.com.

It follows on by stating that, “Using a minority-owned supplier has no effect on a company’s overall performance when it comes to procurement, says Christopher Sawchuk, senior business adviser for The Hackett Group. The strategic advisory firm surveyed 50 so-called “world-class” companies with a median revenue of $7 billion and a median procurement spend of $3 billion. “You can still be world-class and have a significant portion of your supply base focused on diverse suppliers,” Sawchuk says.

Unfortunately, the article is more stating that it can be done, and less about – how to do it. I poked around on the Hackett Group website and could not find any mention of the research, so I can offer no further guidance. Maybe Pierre will swing through and give us some direction?

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Entry Filed under: General, Suppliers

2 Comments Add your own

1. David Bush - Iasta | December 1st, 2006 at 6:06 pm

For posterity, please jump to Spend Matters –

http://www.spendmatters.com/index.cfm/2006/11/30/If-Supplier-Diversity-is-Not-Discrimination-Then-What-is-
2. E-Sourcing Forum: the sou&hellip | May 7th, 2007 at 10:57 am

[...] Also of interest, is the now omni-present nature of our blogosphere. I had a very interesting conversation with some one that mentioned a post I wrote many months ago about the Hackett study on supplier diversity which was picked up by Jason Busch on Spend Matters. In Jason’s post, he went into great detail about reverse discrimination which elicited quite a debate. I was told that this particular conversation thread (100% blog generated) was a topic of conversation at one of the most attended workshops at the SIG conference last week. Apparently, this was quite a spirited and passionate subject and whatever the each person’s opinions are regarding the topic, it is great to see the blogs impacting the debate and generating dialogue. [...]

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