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Make tangible progress towards supplier diversity goals

Supplier diversity and sustainability initiatives don’t need to be a separate part of your sourcing requirements. Build your programs that last and have a significant impact. Integrate them into your global supply-chain sourcing process without the need for designated resources.

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A resource to help you learn more about supplier diversity:

According to CVM’s 2019 State of Supplier Diversity Report, 29% of respondents have a global supplier diversity program, and another 44% plan on implementing one in the next three years.

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Get more diverse vendor bids

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Identify diverse vendors across global supply chain

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Gain visibility into supplier diversity progress

Structured taxonomy recommends relevant diverse suppliers

Our vendor recommendation engine brings your tagged, diverse suppliers to the forefront to easily identify, and invite more of them to bid. Through our partnership with supplier.io, you can enrich your existing supplier database with diversity certification information.

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Report on your supplier diversity goals with a dedicated dashboard

Measure your progress towards supplier diversity goals throughout the entire sourcing process, including how many of those vendors are invited, have bid, and have been awarded the business.

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Automate the sourcing process to relieve manual effort

Fairmarkit reduces the manual effort of identifying and inviting diverse vendors so that it can become a more integrated part of the sourcing process. With this automation, you can expand your supplier diversity programs to include tail spend purchases as well.

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CASE STUDY

Blue KC brings efficiency and compliance to procurement practices with Fairmarkit

Blue Cross and Blue Shield of Kansas City was able to realize immediate value through a 3-month cost savings ROI, significant process improvements, and diversification of their vendor pool by using Fairmarkit.

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