Monday, April 5, 2021
The term Supplier Diversity refers to the proactive business practices that promote the purchasing of goods and services from underrepresented communities. The purpose of Supplier Diversity programs is to establish a diversified corporate supply chain that reflects the demographics of the community in which a company is located. The belief is that the more a corporation buys from a local diverse supply base, the more money is delivered into its local economy thus helping to increase employment and
Raymond Boufford, VP Minority Supplier Development & Business Transformation, Faurecia - North America