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ATTRIBUTES
  • Intersectionality
  • Reporting
  • Supply Chain

SOURCE
  • Canadian Aboriginal and Minority Supplier Council (CAMSC)

TYPE OF RESOURCE
  • GGuide

TARGET AREA
  • Strategy

TARGET UNIT
  • Procurement

LINK TO RESOURCE

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

Canadian Aboriginal and Minority Supplier Council (CAMSC)
The Playbook is a guideline to establishing a successful supplier diversity process for the private sector and discussesfive 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.

To read the full Playbook, click here.