Procurement Magazine March 2024 | Page 94

SUPPLIER DIVERSITY

“ Work needs to be done on changing the perception of value ; beyond simple monetary terms , we need to see value in ‘ doing good ’ and creating opportunities for benefits outside of profits ”

GEMMA THOMPSON SENIOR CONSULTANT FOR STRATEGY AND GROWTH AT PROXIMA
Collaboration will be crucial to overcome these challenges and achieve a more diverse supply chain . “ Sodexo has developed a comprehensive , tailored programme that provides support to navigate our onboarding process for new suppliers , one-to-one mentoring and a guaranteed meeting with a relevant category manager ,” explains Wycherley .
“ The programme is all about sharing information on our business requirements and breaking down barriers which historically may have put off some suppliers from pitching to our supply contracts .”
Also playing a pivotal role in a successful supplier diversity strategy is technology and the capabilities it provides when it comes to identifying , onboarding and collaborating with diverse suppliers . “ At Sodexo , we leverage technology to streamline the process , ensuring that diverse suppliers have equal opportunities and can seamlessly integrate into our supply chain ,” notes Wycherley .
Today , there is a wide variety of technology that exists – and will continue to emerge – that can help diversify suppliers . Whether it is systems that enable organisations to measure their own use of diverse suppliers , identify new , or a dynamic purchasing system that encourages involvement from and access to diverse suppliers . “ What works
94 March 2024