WESTCHESTER, IL--(Marketwired - July 12, 2016) - CVM Solutions, a division of Kroll Compliance and the premier provider of supplier diversity technology, data, and services, today announced it is publishing a resource for companies looking to initiate or boost diverse supplier development programs. The whitepaper, Taking Your Program to the Next Level Through Diverse Supplier Development, is available for free download at http://info.cvmsolutions.com/diverse-supplier-development.
Tracking and increasing corporate-wide spend with diverse suppliers is imperative for building strong and successful supplier diversity programs. Launching or growing a program starts with a simple premise: Suppliers thrive and evolve through business opportunities; for diverse suppliers, business engagement within corporate supply chains is critical. Supplier development affords corporations an opportunity to bring together teams of suppliers to work in harmony for the benefit of the company, thus improving the bottom line in the long run. CVM's new whitepaper explores why organizations should evolve their diversity programs into supplier development. Among the guide's features:
- A definition of supplier development
- Several reasons why companies should invest in supplier development
- How to start a supplier development program
- An array of examples of how to measure success
"Supplier development in conjunction with a robust diversity initiative makes good business sense," says Todd Minden, VP of Sales and Marketing for CVM Solutions. "A company committed to both efforts builds for the future and, perhaps most importantly, becomes a better, stronger company that consumers, workers, and business leaders will seek out and admire. Our new guide helps organizations take the first steps toward launching or strengthening a diverse supplier development strategy."
For additional information about this new whitepaper or CVM's services, visit the company's website at www.cvmsolutions.com.
About CVM Solutions
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 advances supplier diversity initiatives to achieve corporate sourcing objectives. As a data aggregator and data originator for 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, thus enabling our clients to increase their supplier diversity results and take their programs to the next level. For more information, visitwww.cvmsolutions.com.