Supplier Diversity 101

THE IMPACT OF SUPPLIER DIVERSITY ON OUR NATION

Have we changed as a nation? I ask myself that question several times daily as I reflect on the examples of racial injustice with George Floyd, Breonna Taylor, Ahmaud Arbery, Christian Cooper and countless other similar victims. More importantly than that question is, what can we do to enact even greater changes? For us to have a significant change, there must be a collaboration among community leaders and activists, multiple generations, government at all levels, national and local politicians, and corporations.

If It Is To Be, It Is Up To Me 

Our CEO + Founder Shares His Journey to Supplier Diversity

Growing up in the inner city of Chicago on its dangerous West Side, Robinson LaRueCo Consulting (RLC) Founder and CEO Lamont Robinson knows well the challenges of living in an under-served community. As a child, he remembers wondering why he never saw a business owner who looked like him and over time began to believe it just wasn't possible. 

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Diversity Equals Sustainability

An Interview with our President of Supplier Diversity + Community Engagement

According to Jesse Crawford, diversity is sustainability because of the different values and benefits brought to the table when we look at attributes such as gender, age, ethnicity, experiences and differences of thought. Everyone benefits from those different perspectives if we can truly appreciate and capitalize on what those contributions bring.

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Financial Gains of Supplier Diversity

An Interview with our President of Finance + Operations

"Knowing a corporation needs to meet a diverse supplier spend raises all competition because it requires all viable competitors to up their game and think outside the box, by either offering savings or doing affordability initiatives to reduce their own costs in order to better compete with diverse businesses that may be more agile," says Adrianne Norwood. "Supplier diversity forces people to get creative, which is a win all around."

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Understanding Business Cost and Its Impact on Supplier Diversity

By working in finance in the defense sector and in the consulting arena for Diversity and Inclusion, we often hear people say that they can't afford to include diversity into the procurement strategy. It seems like the number one reason why diverse business owners aren't even considered. At RLC, we fight against this myth every day, so we'd like to sprinkle a little truth serum by breaking down the components of this myth.  

 

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