The Why in Supplier Diversity - diverse suppliers can provide the best combination of total cost, quality, and service. This leads to healthy competition and a level playing field for all potential and existing suppliers – which proves vital when the supply chain is strained or disrupted.
Importantly, diverse suppliers are often more innovative differentiating themselves from their competitors with disruptive technologies and solutions. Many studies have found that long-term supplier diversity can generate 133% greater return on investment while spending 20% less on average on their buying operations.
Another advantage is that diverse suppliers tend to be smaller and therefore more agile and nimble. In many cases, you can have a discussion with the CEO with immediate impact.
Procuring my services will allow you to:
1. Assess your current efforts and identify gaps and challenges
2. Identify a clear purpose for supplier diversity upheld by defined strategic pillars, carried out by specific initiatives, and overseen by a governance model
3. Implement supplier diversity across the entire organization with initiatives to support supply chain diversity
4. Identify goals and metrics that will benchmark and measure success
Building effective teams is crucial for the success of any business, yet it can be challenging. It requires a combination of clear goals and objectives, strong leadership, open communication, diversity, trust, and respect among team members.
1. Where do you begin?
2. How do you know if your team is truly effective?
Thall Consulting Services will work with you to answer these questions. Defining a plan and strategy that requires buy-in and support from all employees.
What is a Disparity Study?
A Disparity Study determines whether a government entity, either in the past or currently, engages in exclusionary practices in the solicitation and award of contracts to minority, and women-opened, and disadvantaged business enterprises.
Does a governmental agency need an Owners-Representative to facilitate this process?
I encourage securing a consultant to assist you through the process. Managing a Disparity Study process is a full-time assignment and requires direct attention to the process and timeline. Many times, it is easier for a non-affiliated individual to work with department heads to secure the needed data and assess the agency’s infrastructure and readiness to conduct a Disparity Study.
Thall Consultant Services include experience with project managing the largest Disparity Study in the country reviewing over 10 million purchasing records. The company stands ready to assist you through the process.
An experienced consultant team that will lead, coordinate, and facilitate the engagement efforts for various projects.
Community support is vital to the success of the project which leads to completing the project on time and within budget. Building meaningful engagement and fostering community involvement ensures diverse perspectives are represented and will deliver real results.
Understand the needs of the community and implement them within your decision-making process. Create success stories.
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