Enterprise Performance Management - Data is First Priority

Last month I have written an article on supplier diversity titled Supplier Diversity have you checked your Supplier base? it gathered lot of interest among industry players in the topic. So I thought of having a one comprehensive article to cover all aspects of Supplier Diversity, what is it, its importance in supply chain etc is. So here are my 2 cents – So what’s the definition of Supplier Diversity worldwide? In the United States of America diversity suppliers are defined as businesses that are at least 51 percent owned, operated and controlled by one or more persons who are: • A racial or ethnic minority, including African American, Asian Indian American, Asian Pacific American, Hispanic American and Native American • Female • Gay, lesbian, bi-sexual or transgender • U.S. veteran or U.S. service disabled veteran Additionally, businesses certified as Small Disadvantaged Business (SDB) or Historically Underutilized Business Zone (HUB Zone) by the U.S. Small Business Administration