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CVM Supplier Diversity Blog

Beyond Tier 2 Spend: Advocate for Workforce Diversity in Your Supply Chain

While supplier diversity programs have historically focused on the diversity of a company’s ownership, this is not the only way to influence diversity in the supply chain. Corporations with significant procurement budgets now realize that they can use their purchasing power to influence workforce diversity in much the same way that they have historically worked to increase expenditures with traditionally underrepresented suppliers. This realization has led to the new and growing trend of companies measuring, tracking, and reporting supplier workforce and Board-level diversity as an additional – and scalable - value creation exercise.  

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6 Tasks in 6 Months: Building a New Supplier Diversity Program

Launching a new supplier diversity program is a significant responsibility, one that can easily feel overwhelming if you are the person tapped to lead the effort. There are so many things to be done at once that setting priorities and ensuring no opportunities are overlooked is a serious challenge 

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Product Updates - March 2021

What's new at supplier.io this year?

A whole bunch of new product updates to make your supplier diversity journey smoother. Our tech-team has been working on these awesome updates with inputs taken from our customers, prospects, industry trends to come up with cutting-edge updates for the following products - Tier-2 Reporting Unitier, Supplier Explorer, Supplier Registration.

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2020 Year in Review – Blogs, Partnerships and The Way Forward

2020 has been tough for many of us. Thanks to the support of our customers and the supplier diversity community, we at CVM, a supplier.io company have continued to successfully support inclusion initiatives globally and look forward to continued progress in the coming years as well. Here’s a quick roundup of 2020.

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Global Supplier Diversity

As U.S.-based companies extend their reach beyond our country’s shores, Supplier Diversity Program Leaders are being challenged to think critically about how their programs impact underutilized businesses across the globe.

According to Goldman Sachs, U.S.-based S&P 500 companies earn 33% of their revenue and 40% of profits from outside of the U.S. Similarly, the U.S.-based companies have seen a shift of sources of supply overseas.

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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 expert guidance, businesses can effectively establish and advance their Supplier Diversity initiatives.