Supplier Diversity Blog by supplier.io

Why Supplier Diversity Is More Important Than Ever

Every economic downturn raises corporate budgeting questions that may affect business programs such as Supplier Diversity. While some may wonder if companies will continue their Supplier Diversity efforts due to tightening budgets, others feel that these efforts become more necessary during an economic slowdown. We are squarely in the latter camp.

COVID-19 will bring fundamental changes in the purchasing needs and behaviors of US organizations. Supplier Diversity teams bring the skills, knowledge, and networks that can help organizations better navigate these changes.

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The team has a long history in driving innovative solutions in supplier diversity. We believe that companies deserve solutions that are effective and provide measurable value and results. Started more than a decade ago, supplier.io has rapidly become a prominent provider of supplier diversity solutions to leading corporations. We currently support customers in automotive, healthcare, insurance, retail, manufacturing, education, and banking. One in five Fortune 50 company relies on supplier.io.