At Business in the Community (BITC), we believe that employers should ensure Black, Asian, Mixed Race and other ethnically diverse owned businesses are part of their supply chain contracts. This is commitment seven of our Race at Work Charter.
Our Race at Work Charter Survey 2023 findings found that out of 238 UK employers
Benefits of diverse and inclusive supply chains
Diverse and inclusive supply chains stimulate economic growth and job creation in underrepresented communities, as diverse suppliers often operate in these areas. It is also a great way to boost business performance through:
• Increased innovation and creativity, as diverse perspectives and experiences bring fresh ideas to the table.
• Better understanding and connection with customers, tapping into a wider range of cultural and demographic insights.
Calls for evidence
The ‘Leadership, employees and procurement’ survey is the first of its kind and seeks to explore the dynamics of diversity, equity, and inclusion in procurement practices.
The survey will uncover new and definitive evidence that identifies the levers for change to increase diverse and inclusive supply chains in businesses.
• Improved reputation, brand image and commitment to responsible business.
Survey objectives
We aim to provide definitive evidence that will help employers:
• Increase the number of diverse suppliers in the procurement process of large corporate organisations.
• Promote fairness and equity in procurement practices among large corporate organisations and small businesses.
• Foster collaboration and knowledge sharing among diverse suppliers and corporate organisations.
• Examine the disparities by the intersection of ethnicity and social background, gender, religion and belief, LGBTQIA+, neurodiversity, and location.
• Support economic development and job creation in underrepresented communities through procurement opportunities.
The survey
This survey is now open and will close on Friday 7 June 2024.
To take part in the survey, click the button below.