Sdiab overview for_indirect_final_0
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Supplier Diversity in a Box provides primes with the tools and training to establish supplier diversity programs quickly and effectively. The package includes 12 weeks of training led by subject matter experts, support for 12 months, templates for best practices, and a webinar to educate suppliers. It establishes internal processes, facilitates supplier communications, and provides supporting technology like a supplier database and reporting dashboard. The one-time cost is $49,000 or $52,000 paid in quarterly installments, plus annual software subscriptions of $15,000. This turnkey solution enables companies to develop strong supplier diversity at a lower cost than doing it independently.
Sdiab overview for_indirect_final_0
- 2. What is Supplier Diversity in a Box? • We give your primes (suppliers) what they need to create a supplier diversity program in a fraction of the time and cost of doing it on their own. • We provide supplier diversity training to establish a supplier diversity function over 12 weeks and accommodate most schedules, and then we provide support for nearly 12 months. • Our team of practicing Subject Matter Experts leads them through it • Who are the people, what are the processes, and how to use technology? • How do you find your current diverse suppliers and identify new ones? • How do you demonstrate the value of the program?
- 3. Why Supplier Diversity in a Box? • Most people know why Supplier Diversity is important – but some primes don’t see it as an imperative or know how to do it • You ask them for Tier 2 spend and they can’t deliver • We teach them how to do it as well as how to: • Report diverse spend to you • Use it as a competitive edge in the marketplace • Help drive generational wealth amongst diverse suppliers • Measure Return-on-Investment • Enhance their company’s image
- 4. So what’s in the Box?
- 5. Best Practices for the Prime • Supplier Diversity Background (Facts vs. Myths) • Understand Compliance and Market driven program models • Five steps to building a great Supplier Diversity program • Identifying meaningful spend insights for reporting • Sourcing and tracking Tier 1 and Tier 2 spend • Diversity spend analytics – baseline spend and enrichment • Policies and documentation supporting diversity • Communications and effective outreach • Measuring program effectiveness
- 6. Help for Your Primes • We train your prime on approaches to lead a Supplier Diversity program • but to be successful their suppliers need to know about it, too • We run a webinar for their suppliers to teach them what Supplier Diversity is, why it matters, how it can help them, and the ins and outs of getting certified • This can help suppliers become excited about getting certified – which will naturally increase their diverse spend – and your Tier 2 spend • We identify their top non-certified diverse suppliers and provide information to get them certified
- 7. Supporting Technology for Everyone • Is Excel the best option to manage your diverse spend? (pro tip: NO) • Online dashboard and reporting systems lets you easily report on diverse spend, both internally and externally) • Supplier registration portals invite perspective suppliers to share information • Database to identify accomplished diverse suppliers for future opportunities • Secure Cloud storage offers data protection • Searchable database and processes to identify certified suppliers • Support to keep supplier certifications current
- 8. How much is the Box? $49,000 Fixed, one-time gets you going $52,000 Four, quarterly payments of $13,000 each, if so desired! $15,000 per year thereafter for software subscriptions Additional services available at your discretion
- 9. In Summary • Supplier Diversity in a Box lets you create a program faster and less expensively than you can on your own • Internal processes, external supplier communications, and technology • All from the experts • One team, one place, one invoice THANK YOU! Bill Hooker, C.P.M. 215-595-7503| Bill@Bill-Hooker.com