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Importance of Supplier Diversity and Inclusion

Gain an understanding of SD&I and how implementing a robust strategy can provide a competitive advantage in the marketplace.

Supplier diversity is a key business strategy that supports the economic development of diverse communities and impacts the bottom lines of major corporations and other business entities. In this course, you will gain an understanding of the business case for supplier diversity and inclusion and how implementing a robust strategy can provide a competitive advantage in the marketplace. This material will discuss the economic wealth gap and how supply chain equity initiatives can affect change in diverse communities and in the U.S. economy. This course will provide an overview of program components and methodologies needed to create a strategic plan. You will gain knowledge and insights into the what, why, and how to build a compelling business case to present to C-suite executives, stakeholders, and decision-makers.

52 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

What Is Supplier Diversity and Inclusion? (15 minutes)

  • The History of Supplier Diversity

The Business Case: Why Is It Important? (15 minutes)

  • How SdandI Provides a Competitive Advantage

What Is the Economic Wealth Gap? (15 minutes)

  • Supply Chain Equity: Corporation's Role in Closing the Gap

How to Complete an Organizational SdandI Assessment? (10 minutes)

  • How to Communicate the Business Case to the C-Suite
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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on July 28, 2022.

Call 1-866-352-9540 for further credit information.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Ingrid Watkins, MBA

Ingrid Watkins, MBA

IW Consulting Group, LLC

  • Principal & Chief Diversity Strategist, IW Consulting Group, LLC, a niche consulting firm specializing in diversity and inclusion solutions
  • Well-respected thought-leader in supplier diversity and inclusive procurement and supplier development
  • Passionate about the economic development of diverse communities and spent 15 years managing global supplier diversity programs at The Coca-Cola Company, including a best-in-class supplier capability development program
  • She combines academic and real-world experience to develop winning strategies for corporate clients and their prime suppliers throughout the U.S. and globally
  • Sought-after facilitator and expert panelist; has lectured students, faculty, and administrators at major universities, including the University of South Carolina, the University of Central Florida, and the University of Florida; her writings and editorials on small business, multicultural marketing, and diversity issues can be seen in national publications
  • Can be contacted at [email protected]/6784142007
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Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 405556
Published 2022
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