An Introduction to Private Sector Supplier Diversity Programs for SD/VOBs and the many reasons to Pivot to the Private Sector for Procurement Opportunities, including:
1. The target market is the Fortune 5,000 corporations, far more than government agencies and without bureaucracy and red tape.
2. In 2021, the Billion Dollar Roundtable (a non-profit group founded in 2001 by the largest corporations committed to diversity spend) documented composite supply-chain diversity spend of its 32 member companies reached $124 billion.
3. In 2022 Billion Dollar Roundtable members spent over $3.3 billion with NVBDC Certified SD/VOBs!
4. The private sector supplier diversity spend is estimated to be in the trillions of dollars annually with an average annual corporate spend of 10-35% (versus government of 3-5%)
5. There is far more demand than supply– less than 0.2% of SD/VOBSs are private sector certified to work with corporations’ supplier diversity departments with an estimated annual spend of $96 billion a year!
This webinar is being conducted by DeltaPoint Partners & Diverse Supplier Development Corporation who have spent the last 8+ years bringing SD/VOBs together with the Fortune 5,000 corporations for procurement opportunities, fellow SD/VOBs for teaming and client relationships and beyond!
Wednesday July 12th at 10:30 a.m.-11:30 a.m. Central Time!
To register for this Free Webinar, please go to the following link:
https://franchisesource.zoom.us/meeting/register/tJ0lfuGgpzkoE9ckYMpaibYQpIZR1HKpF2mZ