Supplier Diversity Playbook – Guidelines to Establishing a Successful Supplier Diversity Process
Canadian Aboriginal and Minority Supplier Council (CAMSC)
The Playbook is a guideline to establishing a successful supplier diversity process for the private sector and discussesfive key factors that are critical for creating a robust supplier diversity process. It also provides examples from companies successfully putting each of these elements into practice.
- Business case and executive support: Develop the business case defining the value proposition, identifying the current state (industry benchmarking), strategy alignment, and outcomes to be achieved.
- Opportunity identification: Identify opportunities to create a robust supplier diversity process through supplier analysis, supplier engagement, and supplier development.
- Supporting processes: Develop and strengthen supportive processes, including alignment, inclusive sourcing, communications, and management.
- Measuring and reporting: Develop metrics and reporting tools, such as a scorecard for supplier diversity reporting.
To read the full Playbook, click here.