Why supplier diversity is a necessity, not an option for business

Those of you who regularly read the news items in IDC Blog will have seen this headline:

"Olympic Delivery Authority sets out equality and diversity demands for contractors"

It made me think that supplier diversity is too a hot topic not to have had a viewpoint about it yet and so here it is!

For the last 20 years, companies have rationalised their supply chains to reduce the number of suppliers they have. This has been seen as more cost-effective, by simplifying supply chain management and offering more opportunity to maintain common standards.