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CVM Supplier Diversity Blog

State of Supplier Diversity: Product-Focused Industries

For the third year, we at CVM, a supplier.io company, conducted our survey of supplier diversity professionals and diverse suppliers. This first-of-its-kind survey gives insight into what supplier diversity professionals experience within their own programs, as well as how diverse suppliers navigate the supplier diversity environment.

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The Definitive Guide for Service-Disabled Veteran-Owned Small Businesses

We know that small businesses are a vital component of our economy. According to the U.S. Small Business Administration (SBA), there are nearly 30 million small businesses in the United States and they collectively employ 47.8 percent of the U.S. workforce. 

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What California’s SB534 Bill Means For The Supplier Diversity Industry

California Governor Gavin Newsom recently signed into law California SB 534, Insurance Reporting Update, a bill that will have a wide-reaching impact on supplier diversity and the growth of diverse-owned businesses. 

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Millennials: The Generation That's Driving Supplier Diversity

Much has been written about how millennials are killing this or that industry; how they can’t afford to buy homes because they spend all their money on avocado toast (as if that’s a legitimate correlation). In the midst of all the breathless editorializing, a picture of millennial consumers has emerged showing that their generation, more than any other to date, values representation and diversity, and their spending habits reflect those values.

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A Retrospective Look at Supplier Diversity Predictions from 2015

IBM launched the first supplier diversity program in 1968 in response to the civil rights movement. Many other corporations of all sizes followed IBM’s lead in creating their own supplier diversity programs, whether to gain access to federal contracts or as part of their corporate values statements.

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For over a decade CVM's mission has remained unchanged: lead the transformation of Supplier Diversity program management and support Supplier Diversity programs. CVM helps corporate supplier diversity programs in every stage of their evolution; from those that are just getting started, to the most advanced, world-class programs. Equipped with unparalleled data intelligence, superior technology and expertise guidance, businesses can effectively establish and advance their Supplier Diversity initiatives.