Integrated Supplier Diversity Syste
Supplier diversity for many organizations is synonymous to social justice. Thus diversity is associated to spend and diversity initiatives to cost centers. The idea of diversity as social justice clubbed with the perception of a MBE as subpar service percolates corporate procurement to non-essential, non-critical and less value added procurement to diverse suppliers. Unintended consequence in all these is an overall reluctance to consider MBE as a source of diverse business talent pool driving innovation and growth on one hand and an urge to promote diversity through non-essential, non-critical products / services
While corporate embrace diversity and harness the power of diversity at an individual level, corporate is nowhere near embracing MBE’s value in the Supply Chain and harnessing the power of true supplier Diversity. This is because most of the small diverse companies are on shoe string budget and have very little touch points within corporate’s buyer needs. Corporate procurement are through structured supply chain of empaneled Tier 1 Suppliers. Diverse suppliers are registered through one of most rudimentary system, at best it serves as an online directory / yellow pages of diverse suppliers. This neither allows the corporate nor the Tier 1s to utilize the Diverse Suppliers. Even if the diverse supplier manages to earn the status as a tier 1 Supplier, it is very difficult to maintain, sustain and grow beyond the initial engagement.
DGBS presents an Integrated Supplier Diversity System that mimics the existing supply system to engage diverse and or other smaller suppliers at secondary level. The System allows diverse suppliers and other smaller suppliers to participate even in a smaller subcomponent of a project. While the project could be awarded to a primary supplier, the system allows qualified and promising niche diverse supplier for select sub components as approved Tier 11. The system can report the tier 2 spend reports
The integrated system allows the capabilities of Tier II available across the enterprise.
Status of the product.
DGBS built the proof of concept and demonstrated to numerous clients. Given the limited resources, DGBS could not sustain the product initiative.