NMSDC finds that companies with diverse supplier bases show 133% greater return on procurement investments.

Investing in supplier diversity programs can also impact a company’s talent recruitment and retention. In a survey conducted by Hootology on behalf of UPS, 52% of respondents said they consider a company’s supplier diversity and inclusion programs when seeking employment.

Corporate leaders with diverse supplier bases, like Microsoft, Target, and UPS, have more efficient procurement processes and higher supplier retention rates.

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