As we move into 2025, the time is ripe for procurement leaders to rethink and revitalise their approach to supplier diversity. At Kaleida International, we have been at the forefront of transforming supplier diversity programs across EMEA.
This aligns closely with the private sector’s growing emphasis on Environmental, Social, and Governance (ESG) initiatives, particularly the focus on fostering relationships with diverse suppliers and understanding the diversity within their existing supply chains.
Here's how we can help you lead the change:
Rethinking Supplier Diversity Success Metrics:
Supplier diversity is not just about tracking spend. It’s about creating meaningful revenue opportunities for marginalized communities. We advocate for a fully inclusive approach that emphasizes access to economic opportunities for all.
Redefining Supplier Certification Processes:
Traditional certification processes can unintentionally exclude diverse suppliers, especially those with intersectional identities. We’ve pushed for an inclusive approach that allows suppliers to represent their full selves rather than choosing one identity over another.
Prioritizing Accessible Spend Opportunities:
We encourage procurement teams to shift their focus from inaccessible RFPs to more approachable RFQ spend. Many diverse suppliers may struggle with large tenders but can competitively participate in smaller, more manageable purchase orders.
Integrating Supplier Diversity with D&I Initiatives:
A truly diverse supply chain begins with inclusive corporate culture. We partner with Diversity & Inclusion teams to address unconscious biases within the procurement process, driving higher adoption rates across organizations.
Harnessing the Power of AI for Supplier Diversity:
We are pioneering the use of AI to enhance supplier diversity programs. Our proprietary Algorithmic Intelligence engine can identify the diverse identity of suppliers within your tail spend, providing a crucial baseline to launch an inclusive procurement strategy.
It's time to be brave, bold, and visionary in shaping the future of supplier diversity. Join us in redefining procurement for 2025 and beyond.
Let's make a real impact together.
Get your copy of the Supplier Diversity: The Blueprint.
About Us
"Finding Diverse Suppliers is time-consuming as the process today involves researching against multiple databases."
Founded in 2019, Kaleida International is a B2B marketplace for Tenders connecting Buyers to Suppliers, and Diverse Suppliers. With a focus on helping the Chief Procurement Office achieve its ESG goals, and alerting companies to new revenue opportunities, Kaleida's fully-inclusive platform helps Buyers find, identify and assess Diverse Suppliers they can invite to Tender.
In 2024 Kaleida will publish £600b in both Public and Private sector tenders for suppliers, and Diverse suppliers to apply to. By increasing access to commercial opportunity, we believe we can drive equality through providing access to economic parity.
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