How Supplier Diversity Consultants Support Different Organizations?

We help you develop your supplier relationships into an asset rather than a cost or a risk. Our supplier diversity consultants enable you to maximise value from your supplier relationships. We help you develop a best practice approach to supplier diversity management, tailored to your personal needs.

We provide support to organizations where:

  • There is no formal supplier diversity management process, or several different approaches and processes across the business
  • Supplier managers are confused about the process and its objectives, and lack the required skills and tools
  • Key suppliers appear to be underperforming, but there is no consistent way of monitoring or resolving the issues
  • Strategic supplier relationships have deteriorated back into a transactional and adversarial mode
  • Strategic suppliers find the relationship difficult or frustrating
  • An absence of clarity which can stem from insufficient analytics, murky KPIs, or a lack of transparency in monitoring and reporting
  • Shortfall in supplier diversity competencies and poor leadership skills

Companies that approach supplier diversity consultants with a focus on supplier visibility are better positioned for the long-run due to nimbleness and flexibility. The more you know about your suppliers, the more efficiently and effectively you are able to procure goods and services. Businesses that effectively employ supplier diversity programs can develop relationships with suppliers that have been traditionally overlooked or underutilized by competitors, allowing for a competitive edge and more flexibility when things like supply shortages hit. 

Our framework:

  • Our starting point is supplier segmentation. We often find that any existing categorisation of strategic suppliers is out of date and no longer reflects business realities.
  • The team delivers a detailed report on the strengths and weaknesses of any current supplier diversity management practices.
  • We use this insight to create a version of our supplier diversity management methodology tailored to your situation and applicable across all areas of procurement, with comprehensive guidance for user implementation.

As a supplier diversity consultant, Paragon can help you rollout your supplier diversity management program, along with assessing & selecting the right technology, in order to provide the overall structure required to deliver a proactive, consistent and efficient means to support your organization.

Today, partnering with supplier diversity consultants, such as Paragon is more than optionality during supply chain disruptions; it’s an avenue to support long-term supplier relationships committed to achieving diversity, equity and inclusion goals. 

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Location: Atlanta, GA, USA

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