Revitalizing the Supplier Diversity Value Proposition Through Supply Chain Effectiveness
Maureen Merkle, President - Procurement, SBC Communications, Inc., 210-886-3131, email@example.com
Joan Kerr, Executive Director, SBC Communications, Inc., 925-824-5507, firstname.lastname@example.org
89th Annual International Conference Proceedings - 2004 - Philadelphia, PA
Supplier Diversity is an important element in supply chain optimization. Conversely, supply chain effectiveness plays an essential role in any successful supplier diversity initiative. This workshop will explore in depth the revitalization of supplier diversity through a renewed focus on effective supply chain management. The recent upheavals in the telecommunications industry presented tremendous challenges to the supply chain and to supplier diversity. In response, SBC Communications convened a Task Force of experts to study how to revitalize supplier diversity during an economic downturn. The Task Force concluded that the approaches necessary to strengthen supplier diversity initiatives were the same approaches needed to strengthen the overall supply chain . By focusing on effective sourcing practices, enhanced risk mitigation, process quality and control, improved access to capital and financial management along with more robust industry collaboration, both goals can be achieved. Over twenty recommendations are offered to achieve supply chains with strong supplier diversity participation.