Diversity Reporting FAQs
Is supplier diversity reporting a mandatory practice? In the private sector,
TealBook makes it easy to begin or expand a diversity program, discover diverse suppliers and spend, and generate supplier diversity reports in a single click.learn more
Diverse vendors are typically smaller and more agile than their larger counterparts, and this unlocks an ability to move with greater flexibility and ease. As a result, this allows companies to benefit from greater innovative leaps.
An inclusive procurement strategy widens the pool of potential suppliers and promotes competition in the supply base, which can improve product quality and drive down costs. By providing more sourcing options, inclusivity can make supply chains more resilient and agile.
Whether you’re looking to maximize diversity spend, optimize supplier diversification, or identify emergency sourcing options, the best available supplier data makes all the differenceSchedule a demo