The aim of supplier diversity is to increase the opportunity for minority owned businesses to supply their goods and services to large public and private sector organisations. Supplier diversity offers under represented businesses the same opportunities to compete for the supply of quality goods and services as other qualified suppliers.
What is the need for supplier diversity?
Supplier diversity helps corporations tap into the widest available talent pool of suppliers, reflecting a proactive approach taken by government bodies and large companies that are genuinely committed to providing a level playing field for minority suppliers. Procurement policies have often developed over many years based upon historical practices and standard commercial habits have tended to limit opportunities for both clients and potential suppliers.
Government and the corporate sector are gradually recognising that its suppliers must accurately mirror the structure of its customer base. Supply Nation Certified suppliers can offer companies innovative, competitive products and services with outstanding levels of customer service. Large corporations and Government bodies can find it difficult to identify and engage with diverse businesses and sometimes require support in connecting with these suppliers. This is where Supply Nation helps.
Supplier diversity offers substantial benefits for Indigenous owned businesses and Indigenous communities as a whole.
How does Supply Nation facilitate supplier diversity?
It requires a unique set of qualifications to bring together a wide range of corporate clients and government instrumentalities with Indigenous businesses. Having made these connections special skills are needed to help them work in the real world of commerce.
The scale and business cultures of these two groups are often vastly different and provide challenges that Supply Nation is uniquely qualified to handle by:
- Facilitating the integration of Indigenous businesses into the supply chain of private sector corporations and Government agencies
- Exchanging information, conducting research and leading the integration of Indigenous business into the Australian economy
- Advocating on behalf of the Indigenous business community to foster business-to-business transactions and commercial partnerships between corporate Australia, Government agencies and Indigenous business.