Supplier diversity helps firms to win new business
28 August 2012
Using women and minority businesses as suppliers can help a company to build its customer base and make its supply chain more adaptable.
Women and minority consumers are the fastest-growing consumer sectors in the US at present and women spend an estimated $81 of every $100, delegates at the Institute for Supply Management's annual conference in Philadelphia were told.
The minority population is also the fastest-growing segment of the community, and minority and women-owned business represent a...