Survey results have been self-reported by women business owners within the WEConnect International network and partner organizations. WEConnect International will support quarterly surveys to understand the scope and nature of the impact of COVID-19 on women business owners and their companies worldwide.
Previous survey results First Quarter 2020
See the business case for supplier diversity with a clear, evidence-based presentation from the Hackett Group.
This virtual panel discusses best practices to begin and develop sustainable SD&I efforts in Europe. The session is designed for representatives from corporations and buying organizations who are interested in finding out more about supplier diversity and inclusion efforts in Europe.
To assist in the global efforts addressing the challenges of COVID-19, the WEConnect International team has put together a listing of women-owned businesses, by region, that can support these efforts.
According to the International Trade Administration, more than 70 percent of the world’s purchasing power and 95 percent of its customers are now located outside the US. To take your supplier diversity and inclusion program to the global level, WEConnect International has what you need to know to succeed. We will show you what you need to get started, practical steps to create a gold standard program and how to leverage the WEConnect International network to maximize your impact.
View a webinar presented by leading corporate supplier diversity and inclusion professionals from Accenture, Citi, Cummins, and Enterprise Holdings on how they have successfully expanded their SD&I efforts utilizing innovative strategies as well as providing best practices.
This report, entitled “The Business Case for Global Supplier Diversity and Inclusion: The Critical Contributions of Women and Other Underutilized Suppliers to Corporate Value Chains,” demonstrates why corporations such as Accenture, EY, IBM, Intel, Procter & Gamble, Walmart and others are investing time and resources to build global inclusive sourcing strategies. It will highlight many of the good practices corporations are implementing to achieve successful outcomes, what metrics are available to assess impact and what sustainable business benefits members are deriving from their access to the world’s best solutions.
WEConnect International has developed a Gold Standard Checklist to help multinational corporations and multilateral organizations assess their global supplier diversity and inclusion programs and identify potential areas for improvement. The checklist includes policy assessment, planning, processes and standards; measurement, tracking, reporting and accountability. Each item on the checklist is scored. The goal of any multinational corporation or multilateral organization dedicated to supplier diversity and inclusion is to reach 100 points – the Gold Standard.
Pacific Gas and Electric has been a leader in supplier diversity and inclusion efforts, reaching over 40% of diverse spend in 2017. Please review their world-class 2017 Supplier Diversity Annual Report as an industry best practice.
Supplier diversity is evolving from a check-the-box, corporate social-responsibility requirement to a strategic enabler for the procurement function. Top-performing organizations studied by The Hackett Group apply supplier diversity tenets to new areas such as supplier partnering, reputation management and global expansion. Their research has found that the most successful organizations take their cues from high up in the company, where commitment to enterprise-wide diversity begins. They have also identified several trends in supplier diversity where procurement organizations have significant opportunity for added benefit.
Pacific Gas and Electric has been a leader in supplier diversity and inclusion efforts, reaching over 40 percent of diverse spend in 2019. Please review their world-class 2019 Supplier Diversity Annual Report / 2020 Annual Plan as an industry best practice.
The Supplier Diversity and Inclusion Code of Conduct has been developed by the Royal Bank of Scotland and endorsed by WEConnect International and is guided by the principles of inclusion, development, compliance and continuous improvement.
The Global Tier 2 Toolkit was developed to assist corporate members with growing Tier 2 efforts beyond US borders, providing guidelines and best practices sharing from successful corporate global initiatives. As procurement and tracking efforts vary by company, this is not meant to be an exhaustive list but provides key information and strategic guidance.
During this webinar, leading corporate supplier diversity and inclusion professionals from Accenture, Citi, Cummins and Enterprise Holdings shared how they have successfully expanded their SD&I efforts by employing best practices and utilizing innovative strategies.