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Supplier Diversity is Good Business

Author(s):

Wallace E. Young, C.P.M.
Wallace E. Young, C.P.M., Director, Materials Management, Fox Chase Cancer Center, Philadelphia, PA 19111 (215 728-2448), E-mail: wallace.young@fccc.edu

89th Annual International Conference Proceedings - 2004 - Philadelphia, PA
Abstract

We are all charged by our respective organizations to carry out the “five commandments of Purchasing.” They are: providing the right products in the right quantity at the right time to be delivered at the right place at the right cost. We are to be mindful that nowhere is there mentioned in the commandments from whom the products or services should be bought. Nor is it implied that we should include or exclude from our buying strategies any business because of race, gender, ethnicity, nationality or religion. The commandments address the issues that impact the bottom line. If they are executed appropriately the bottom line will be favorably impacted, otherwise…we lose revenue.

Supplier Diversity is Good Business — 13 KB (PDF)