Feature: Diversifying the Supply Chain
by Leila Hawkins
Originally published on Digital Supply Chain
Diversifying the supply chain is of the utmost importance to ensuring the greatest possible choice of goods and services. The most obvious advantages are cost and efficiency, but it also comes down to sustainability and, ultimately, reputation….
Diverse human talent
It is equally important for the suppliers to be diverse themselves. Multinational IT organisation HP is committed to empower employees in its supply chain from what it terms the most vulnerable groups, such as people from minority backgrounds, women, students, and foreign migrant workers.
HP states that diversity is imperative for good business. “We invest in improving representation by minorities and women within our supply chain and encourage diversity in suppliers’ own workforces,” it said. “Just like our employees, diverse suppliers bring unique experiences and perspectives that strengthen our business, support innovation in our supply chain, and enhance local economies.”
