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/PRNewswire/ -- Supplier.io, the leading data analytics and SaaS provider of supplier diversity management solutions, today released the Supplier Diversity...
Broader procurement leads to decreased supply costs and better product innovation, Supplier.io says.
The highest average spending is seen in energy (9%) and high tech (8%) and the lowest in retail (2.1%) and food and beverage (1.6%)
New survey results show companies are seeking supplier diversity, but their efforts fall short on accountability.
The majority of respondents (93%) agree that engaging with diverse suppliers has a positive impact on their company internally and externally—a 15% increase from 2021—and 54% believe the impact is ‘significant’.