All industries are in a race to infuse more diversity, equity and inclusion (DEI) into their business operations. Whether their customers, investors, employees and/or business partners are asking for it—or, they’re doing it on their own—companies continue to roll out initiatives that address the need for more diversity within their operations.
The supply chain is one area where we’re seeing a brighter spotlight shining on DEI right now. According to Gartner’s 2022 Supply Chain DEI Survey, 75% of supply chain organizations consider ethnicity and race in their DEI strategies and objectives. But Gartner says there is still lots of hard work to be done: The same survey finds that just 40% of those organizations are working on specific supply chain DEI initiatives.
Companies that ignore DEI may be missing out, and particularly when it comes to supplier diversity. According to Hootology’s Corporate Diversity Index:
IntelliTrans Takes Supply Chain Diversity Seriously
Regina Rice, IntelliTrans’ Human Resources Manager, says the company has sharpened its focus on diversity, equity and inclusion in recent years and that IntelliTrans’ 2023 goals include retaining its existing talent base, fostering an even more inclusive corporate culture and effectively communicating that commitment to employees, customers, partners and other stakeholders.
“Our vision and mission statement includes language that discusses diversity. We’re using that to socialize—as a business—the importance of being an inclusive company,” Rice explains. IntelliTrans is also introducing new policies that further emphasize its commitment to recruiting and hiring diverse job candidates. And it partners with women-focused supply chain organizations and others that serve specific ethnicities.
IntelliTrans is also working to broaden the diversity of its Customer Advisory Board, knowing that a mix of different backgrounds, ethnicities, genders and interests brings the highest value to the company itself and the supply chain sector as a whole.
“DEI is about much more than just doing what’s right,” says Rice. “Knowing this, we’re continually putting practices into place, partnering with recruiting firms that bring in diverse talent and leveraging the insights of people from different sectors of life and the world.”
5 Ways to Foster Diversity in Supply Chain
Here are five steps you can take today to begin fostering more diversity in your own supply chain operations: