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Supplier Intelligence

5 Steps to a Successful Diverse Supplier Discovery Process

Identifying and vetting potential new suppliers is a necessary part of integrating diverse suppliers into your supply chain. Ideally, you would have access to an automated solution for supplier discovery, like a supplier registration portal backed by a constantly updated database. If you don’t have access to an automated solution, these are the steps to take in order to gather the information you need for your supplier database—as well as maintain the information once it’s there. 

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How Supplier Diversity Programs Can Create Opportunities

A continual challenge that supplier diversity professionals face is demonstrating the value their programs offer to their organizations. Diverse spend is an obvious measurement, but some execs might think the money spent on supplier diversity doesn’t make a difference—that cost will go to one vendor or another, so why put extra effort into pinpointing diverse suppliers? 

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Supplier Diversity Programs vs. Supplier Development Programs

Supplier Diversity Program. Supplier Development Program. While these two programs work in conjunction with each other, they serve different purposes. Let's take a quick look at each program separately, and find out how they complement each other.

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8 Figures Your Supplier Portal Dashboard Should Show

When searching for the perfect supplier management solution, you probably have a checklist in mind. An ideal solution should streamline processes and reduce administrative workload on an easy-to-use platform. The dashboard should provide easy access to a variety of tools and reports, all designed to improve your supplier management program and let you spend time doing work that matters. 

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Help MWBEs Overcome Their Supplier Diversity Obstacles

Is your supplier diversity program designed to help minority- and women-owned businesses succeed?

MWBEs face challenges that majority-owned businesses do not, including lack of access to capital; insufficient business networks for peer support, investment, and business opportunities. If we are to grow as a country, create jobs, and make progress on correcting income and wealth inequality, we need to help minority and female entrepreneurs succeed.

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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.