DAY THREE: Supplier Diversity 

What is supplier diversity and why is it important? 

Supplier diversity is a business practice that refers to the inclusion of businesses owned by diverse individuals or groups in the procurement of goods and services. A diverse supplier is generally defined as a business that’s at least 51% owned and operated by an individual that’s part of a traditionally underrepresented or underserved group. Common classifications are minority-owned business enterprises (MBEs), woman-owned business enterprises (WBEs), and small-business enterprises (SBEs). Businesses owned by other minority groups, such as LGBQT+, veterans, and persons with disabilities, may also be considered diverse suppliers. 

Daily Simulcast Video:

Mutual Opportunities: A Conversation Between a National Prime Firm and Diverse Supplier (English)

Mutual Opportunities: A Conversation Between a National Prime Firm and Diverse Supplier (Spanish Subtitles)

Run time: ~13 min

(Available week of October 10)

Daily Live Webinar @ 12:00 ET:

Supplier Diversity: Inclusion Drives Innovation

Register Here

Presented by Associated Builders and Contractors of America

 

Individual Resource Files

#ConstructionInclusionWeek