Trends, data, and analysis of the supplier diversity industry
Thank you for joining Neeraj Shah, CEO, supplier.io's interview with the Dial P for Procurement team about 2021 momentous change in the adoption of supplier diversity.
For the fourth year, supplier.io launched a survey aimed to define the supplier diversity industry for the supplier diversity professionals managing and growing their companies’ programs.
Our 2021 State of Supplier Diversity reports include the results of more than 177 survey responses.
Here are some examples of statistics included in the first report, State of Supplier Diversity Program:
- 66% of respondents were from supplier diversity programs that were less than 10 years old.
- 34% of respondents were from supplier diversity programs that were 10+ years old.
- 56% of respondents have a global supplier diversity program. Doubled with a 51% increase from two years ago.
- Over 80% of responding companies are tracking spend with Minority-owned, Women-owned, Veteran-owned, and LGBTQ-owned businesses.