Developing Minority and Diverse Suppliers: Results From a Recent Benchmarking Study
Robert B. Handfield, Ph.D.
Robert B. Handfield, Ph.D., Bank of America University Distinguished Professor of SCM, Director, Supply Chain Resource Consortium, College of Management, North Carolina State University, 919/ 515-4674; email@example.com
Steven A. Edwards
Steven A. Edwards, Co-Director, Supply Chain Resource Consortium, College of Management, North Carolina State University, 919/ 514-4487; firstname.lastname@example.org
90th Annual International Conference Proceedings - 2005 - San Antonio, TX
In the Fall of 2004, a team of MBA students and faculty from the Supply Chain Resource Consortium conducted a benchmarking study of current practices in minority supplier development. A set of online survey scores have been used to arrive at cross industry benchmarking of performance in ‘Program Assessment Areas’ and ‘Program Components’. The research emphasizes that companies in many industries are making great improvements in minority supplier development programs. However, until organizations can devote more resources to actively improving minority suppliers through focused supplier development programs, growth of minority suppliers in the supply base will remain problematic.