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Practice paper

My strategic supplier diversity journey

Wendy Gill Rocco
Journal of Supply Chain Management, Logistics and Procurement, 6 (4), 372-382 (2024)
https://doi.org/10.69554/YOPM2782

Abstract

This paper is being shared from a practitioner’s perspective and is a refreshing lesson-learned illustration into the strategic value that comes with making a corporate commitment and investment into implementing a supplier diversity programme. It addresses the potential value proposition, as well as possible challenges. It is a committed focus in facilitating a win–win proposition for both your company and the communities in which your employees live and work, and that your company serves. This business decision is more far-reaching than just the act of providing reporting requirements to your customers. You will gain a greater appreciation and respect for the art of building and sustaining a programme with a holistic mindset. The paper addresses areas that support a strategic decision that not only emphasises executive leadership buy-in, but also buy-in from all your employees, as they will ultimately execute the diligence it takes to be successful. Moreover, you will learn that instituting and nurturing a supplier diversity programme comes with a competitive advantage for all parties engaged. It is an economic decision that should always make sense for your organisation as well as the suppliers you partner with, it is the big picture.

Keywords: supplier diversity; business strategy; value proposition; competitive advantage; collaboration

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Author's Biography

Wendy Gill Rocco CPSM, CPSD, is both a certified and seasoned Procurement Professional with over 20 years’ experience in supply chain. She is currently leading and mentoring a talented team of indirect managers at Associated Materials in Northeastern Ohio. Wendy holds a bachelor’s degree in human resource management from Geneva College in Beaver Falls, PA, and is a recently published author in the non-fiction, faith-based genre. Notably starting her career journey as an entrepreneur and then moving into the corporate sector in various procurement roles. In this timespan, Wendy has had several opportunities to contribute to global companies demonstrating strategic thinking, servant leadership and competency development in her profession. These include the H.J. Heinz Company (now KraftHeinz), Kennametal and GOJO Industries.

Citation

Rocco, Wendy Gill (2024, June 1). My strategic supplier diversity journey. In the Journal of Supply Chain Management, Logistics and Procurement, Volume 6, Issue 4. https://doi.org/10.69554/YOPM2782.

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cover image, Journal of Supply Chain Management, Logistics and Procurement
Journal of Supply Chain Management, Logistics and Procurement
Volume 6 / Issue 4
© Henry Stewart
Publications LLP

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