1. An IBM Presentation on
Supplier diversity as a business practice
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2. Group- 22
• Sudhir Goyal -11022
• Chandan Pahelwani -11047
• Seema Shah -11073
• Ramdevsinh Zala -11099
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3. What do we mean by supplier
diversity?
• Supplier diversity is a process-
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4. • Purchasing of goods and services from
businesses owned and operated by:
– Minority Business Enterprises (MBEs),
– Women Business Enterprises (WBEs), and
– Disabled Veteran Business Enterprises (DVBEs).
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5. Importance of supplier diversity
• Facilitates success of suppliers.
• Helps suppliers to find better position in
future in business and overall growth.
• Helps to fulfill corporate social
responsibility and facilitate sustainability.
• Increases competitive advantage.
• Equal opportunities
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6. • Greater social inclusion
• Fostering of local economic development
• Diversification of supply risk
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7. United States- the beginners of
supply diversity
• NMSDC – established in 1973
• Aim
• Employment and economic development.
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8. Challenges for MBE’s
• Rationalization of Supply chain
• Increasing contract sizes
• Use of modern production systems
• Greater use of electronic ordering
• Higher quality standards
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9. Guidelines for corporations to
implement supplier diversity
• Understanding the need for integrating
supplier diversity into business goals
• Top management support
• Critical role of supplier diversity champions
• Necessity of building a supportive
organizational culture
• Significance of relationship building
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10. Procedure to implement supplier
diversity program
• Ask for help and advice.
• Appoint a supplier diversity coordinator.
• Conduct a supplier survey (to establish the
current status and future targets).
• Review your existing policies and
procedures.
• Formulate new procurement policy and
procedures.
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11. con. . .
• Communicate with staff and existing
suppliers.
• Develop and implement a training program.
• Communicate with ethnic minority
businesses.
• Develop targets and monitor your success.
• Don’t be afraid to celebrate success.
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12. Example of 3M
• For strategic growth
• For reenergizing their business
• For making suppliers as customers
• For lower costs and faster response which
helps the bottom line
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13. Conclusion
 Development depends upon:
 Globalization
 Acceleration of legislation
 Stakeholder pressure
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14. Thank you
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