Supplier Diversity Playbook – Guidelines to Establishing a Successful Supplier Diversity Process

Resource Database

Attributes
  • Intersectionality
  • Supply Chain
  • Reporting
Source

Canadian Aboriginal and Minority Supplier Council (CAMSC)

Type of Resource

Guide

Target Area

Strategy

Target Unit

Procurement

Link to Resource

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Supplier Diversity Playbook – Guidelines to Establishing a Successful Supplier Diversity Process

The Playbook is a guideline to establishing a successful supplier diversity process for the private sector and discusses five key factors that are critical for creating a robust supplier diversity process. It also provides examples from companies successfully putting each of these elements into practice.

  1. Business case and executive support: Develop the business case defining the value proposition, identifying the current state (industry benchmarking), strategy alignment, and outcomes to be achieved.
  2. Opportunity identification: Identify opportunities to create a robust supplier diversity process through supplier analysis, supplier engagement, and supplier development.
  3. Supporting processes: Develop and strengthen supportive processes, including alignment, inclusive sourcing, communications, and management.
  4. Measuring and reporting: Develop metrics and reporting tools, such as a scorecard for supplier diversity reporting.


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