The origins of supplier diversity go back to the 1950s and 1960s when the civil rights movement called for an end to the struggle for justice and equality for Black Americans. Those protests ultimately paved the way for many groups to participate in the marketplace.
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All You Need to Know About Becoming a Diverse-Owned Certified Business in Michigan
Diverse-owned business certifications help businesses that are owned by groups historically left out of the supply chain gain access to more opportunities and grow. The goal of these certifications is to create equity in the business community, so Black-owned, veteran-owned, and other minority-owned businesses have just as good of a chance to succeed and grow as majority-owned businesses. This reason is why getting certified as a diverse-owned business is one of the most important things a business owner can do.
Continue ReadingDiversity is Important to Advance Equity in the Marketplace
Supplier diversity is a procurement practice used by large corporations, federal government entities, and municipalities to incorporate businesses owned by groups historically left out of the supply chain. These groups include minorities, women, veterans, service-disabled veterans, LGBTQ individuals, and people …
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