Intro 

What single aspect of your business affects the health and strength of your supplier diversity program the most?  

Answer: your data! Programs with strong, accurate, and reliable data place themselves in a position for success and are better able to scale their operations to promote growth. 

Intro 

‘Tis the season for goal setting! You’re probably hard at work on your personal resolutions, but have you remembered to set some for your supplier diversity program? 

Introduction 

Tracking supplier diversity metrics and presenting that information to your leadership is essential to maintaining the record-high executive engagement and interest we’ve seen in recent years, as well as helping get your hard work recognized and gaining further investment and support for your program.  

As LaTisha Brandon from The Container Store says, “You need to learn to speak the language of the business.” That language is centered around metrics, specifically revenue drivers.  

Additionally, your leadership team expects you to run your program with a focus on data-driven decision making that holds people accountable to clear and attainable goals.  

Here are some key metrics your leadership team will expect to see.  

Introduction 

Aylin Basom, supplier.io CEO, and Lois Eichacker, supplier.io VP of Customer Success, sat down with Kelly Barner and Scott Luton for a recent Dial P for Procurement livestream to discuss the 2022 State of Supplier Diversity Report.  

Introduction 

2022 has been supplier diversity’s biggest year yet, with the community in the spotlight in ways it never has been before.  

The 2022 State of Supplier Diversity Reportshows that executive engagement is at an all-time high, with 61% of respondents reporting that their CEO is actively engaged with the program.