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CVM Supplier Diversity Blog

Molly Larsen

Recent Posts

The impact of New WBE Certification Rules on Federal Sub-Contracting reporters

There are new requirements coming to the Federal Procurement Program for Women-Owned Small Business (WOSB). The WOSB program recognizes Women-Owned Small Business and Economically Disadvantaged Women-Owned Small Business (EDWOSB) companies. It is administered by the SBA and the guidelines are incorporated in the Federal Acquisition Regulations (FAR). Starting in October 2020, the SBA will require valid certification to be recognized in the program and be eligible for set aside or sole source contracts (Tier 1).

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CEO Mom

 

Since May is the month that we honor mothers and women in general, we want to take a moment to also recognize the tremendous benefits that women bring to the U.S. economy and small business world. The recipe to be a successful entrepreneur and a mom are much the same.  They both require black belt status in:  tenacity, decisiveness, encouragement, perseverance, financial management, strategic planning, and of course PATIENCE. 

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The Economic Impact of Supplier Diversity

As a supplier diversity practitioner it is no small task to quantify the results and impact of a corporate supplier diversity program. “What is the ROI of this program?” is the million dollar question that those passionate about the cause hear continuously throughout their career.  As you may already be aware, many in the industry track a few different metrics to measure ROI. 

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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.