In this white paper Nicola Greenwood argues that procurement has a unique opportunity to deliver strategic value, innovation and social value whilst driving increased revenue through diversity, equity and inclusion (DEI).

The business case, as Nicola evidences, is overwhelming – working with diverse third parties and suppliers not only secures competitive advantage but also improves innovation and problem solving capabilities. Furthermore, 47% of millennials state they are more likely to work for an organisation with strong DEI policies (World Economic Forum, 2019), supporting the argument that a focus upon DEI also future-proofs an organisation.

At the foundation of this white paper is Nicola’s belief that Procurement can take a leading position within organisations to improve their DEI position. Procurement leaders can become ambassadors of change, leveraging DEI to mark Procurement as a stand-out function. The question, Nicola asks, is whether Procurement is willing to become a strategically positive disruptor?

Nicola Greenwood’s white paper is an essential read to better understand the DEI business case for procurement, review the outward and inward DEI procurement perspective and to consider DEI within procurement’s future.