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Supplier diversity. Supplier diversity refers to the use of minority-owned businesses as suppliers, and a supplier diversity program is a proactive business program which encourages such use within an organisation's supply chain. Minority-owned includes black and minority ethnic business ownership, women owned, veteran owned, LGBT -owned, [1 ...
Supply chain diversification, within the context of manufacturing businesses, refers to the strategic approach of expanding sourcing options and optimizing procurement timing to facilitate the efficient flow of products into the market. It encompasses the breadth and adaptability of suppliers available for a particular product or component.
Institute for Supply Management (ISM) is the oldest, and the largest, supply management association in the world. Founded in 1915, the U.S.-based not-for-profit educational association serves professionals and organizations with a keen interest in supply management, providing them education, training, qualifications, publications, information, and research.
Telcobuy has included supplier diversity in its supply chain — spending more than $57 million with minorities, women, and Service Disabled Veteran-Owned Businesses (SDVOB) since 2001. In October 2009, the company partnered with IBM for Cisco systems as a Cisco Certified Gold Partner. The company ships in-stock Cisco equipment directly from ...
A social enterprises can be structured as a business, a partnership for profit or non-profit, and may take the form (depending on in which country the entity exists and the legal forms available) of a co-operative, mutual organisation, a disregarded entity (a form of business classification for income tax purposes in the United States), a social business, a benefit corporation, a community ...
Corporate Equality Index. The Corporate Equality Index is a report published by the Human Rights Campaign Foundation as a tool to rate American businesses on their treatment of gay, lesbian, bisexual and transgender employees, consumers and investors. Its primary source of data are surveys [1] but researchers cross-check business policy and ...
Supplier convergence is a business model in which a company offers a combination of services or products that were previously supplied by separate companies. It is not to be confused with product convergence, where one product combines and replaces several others; rather, supplier convergence happens primarily through mergers and acquisitions, or through the expansion of larger companies into ...
Demand for action Three main sections of green logistics. Organizations have to face changes in the coming years. In addition to increasing diversity and dynamics, environmental issues become more important. Social, political and economic demands for sustainable development force organizations to reduce the effect on the environment of their supply chains and to develop sus