Procurement magazine August 2025 | Page 33

IBM
TOP 10 – SUPPLIER DIVERSITY LEADERS

02 IBM

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IBM supplier diversity 55 yreas

IBM

REVENUE: US $ 62.73BN EMPLOYEES: 270,300 CPO: LORIE MEOLA FOUNDED: 1911
is a pioneer in supplier diversity, with it believes that it launched its first programme in the late 60s. The company’ s commitment is global, with supplier diversity embedded in procurement policies across all regions.
The company is a member of the Billion Dollar Roundtable, consistently spending more than US $ 1bn annually with diverse suppliers. Its programme includes proactive outreach, supplier development and mentorship, helping diverse businesses scale and innovate.
IBM’ s leadership champions supplier diversity as a driver of innovation, competitiveness and social impact. The company tracks and reports diverse spend transparently and partners with advocacy organisations worldwide.
What’ s more, IBM’ s supplier diversity efforts extend beyond Tier 1 suppliers, encouraging prime suppliers to adopt similar practices. Its programme is regularly cited as a model in the technology industry and is recognised in global rankings for its breadth, depth and sustained impact on economic inclusion and community development.
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