Spending on diverse suppliers averages 3.6% of total spend (96.4% is with non-diverse suppliers – we will discuss this in class eventually) – finding and using a minority owned supplier might be a part of your future job. Your employer might expect you to have around 5-10% of your total spend with diversity suppliers, and it will not be easy. Why? There are not many and they tend to be small (and smaller suppliers tend to struggle with being price competitive).

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