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The Best Supplier-Diversity Metrics
What's the best measure of supplier-diversity success? You might think it was how many dollars you spend with minority- and women-owned businesses (MBEs and WBEs). But a more accurate reflection of a company's commitment to supplier diversity is the percentage of its total procurement budget going to MBEs and WBEs. To prove the point, look at DiversityInc's 2006 Top 10 Companies for Supplier Diversity. . . . (To continue reading articles or access digital editions of DiversityInc magazine, please login below.)
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