Rumors of my death have been greatly exaggerated

How supplier diversity will thrive in 2024 and beyond

Supplier diversity is thriving in 2023-2024, overcoming global challenges with resilience. The United States and other regions like Canada, Europe, Asia, Australia, and South Africa are witnessing increased corporate support for diversity initiatives. The integration of DEI, supplier diversity, and ESG within organizations promises significant benefits.

Despite legal debates, corporate supplier diversity initiatives persist, focusing on leveraging diversity for improved profitability and innovation. To ensure its success, effective data management, collaboration with DEI and ESG counterparts, and ongoing metric evaluation are essential. Supplier diversity remains a vital business strategy, promoting inclusion and success.