WESTCHESTER, IL--(June 17, 2015) - CVM Solutions, a division of Kroll Compliance, the premier provider of supplier diversity technology, supplier data and managed services, along with the Minority Supplier Development UK Council, the UK's leading non-profit membership organization driving inclusive procurement, recently partnered to deliver an informative session regarding supplier diversity in the UK and beyond.
This exclusive event was conducted at CVM Solutions Corporate HQ with an interactive audience including a large community of supplier diversity thought leaders, executive leadership and sourcing professionals. This program was the first step in turning global supplier diversity goals into initiatives.
"At CVM, our sole mission is to help our clients achieve their supplier diversity goals." Lee Kirschbaum, President of Kroll Compliance, emphasizes, "This includes helping our clients take a more global orientation towards their supplier diversity program. As businesses continue to expand into new markets and regions, it becomes even more important to understand the business and cultural differences that shape supplier inclusion initiatives within a region, rather than apply single view across all markets. We are committed to helping clients think through these global dynamics as they establish and manage their supplier diversity programs."
Mayank Shah, Founder and Chief Executive Officer of MSDUK, presented on the growing and shifting demographic trends within the UK and the varying minority definitions across countries. Mayank also spoke on the impact the MSDUK has had as well as areas of importance regarding global expansion.
"Business culture is different in the UK, and it's very important that when you expand your supplier diversity program to that country, think outside the box, respect the local business culture and take a more accepted approach of inclusion rather than diversity," states Mayank. "Inclusive procurement practices not only bring bottom line benefits to corporations but add great social value as it helps create a fairer society and economy. At MSDUK we have tried to redefine supplier diversity and are now focused on driving inclusive procurement at all levels."
To view the session in its entirety, or for more information about supplier diversity in the UK, click here.
CVM Solutions, a Kroll Company, is the premier provider of global supplier data and supplier diversity solutions. CVM delivers data, services and technology needed to manage supplier data and advance supplier diversity initiatives to achieve corporate sourcing objectives. As a data aggregator and data originator for both Tier 1 and Tier 2, CVM has partnered with more than half of the Fortune 100 and half of the Billion Dollar Roundtable members to leverage and consolidate supplier information enabling our clients to increase their supplier diversity results and take their programs to the next level.
MSDUK is the premier non-profit corporate membership organization championing supplier diversity in the private sector supply chain in the UK. MSDUK promotes the ethos of diversity and inclusion in public and private sector supply chains by identifying and introducing innovative and entrepreneurial ethnic minority owned businesses (EMBs).