Worldwide Calls for Social Reform and Racial Equality Drive Dramatic Plans to Expand Supplier Diversity Programs
MIAMI LONDON--(BUSINESS WIRE)--In response to the worldwide calls for social reform and racial equality, companies are making plans to dramatically expand their Supplier Diversity programs over the next few years, according to a new study from The Hackett Group, Inc. (NASDAQ: HCKT). According to The Hackett Groups study, companies globally dedicate 7.2% of their spend to diverse-owned business currently, which is equal to $72 million per billion of total spend. But by 2025, companies expect
Worldwide Calls for Social Reform and Racial Equality Drive Dramatic Plans to Expand Supplier Diversity Programs
MIAMI LONDON--(BUSINESS WIRE)--In response to the worldwide calls for social reform and racial equality, companies are making plans to dramatically expand their Supplier Diversity programs over the next few years, according to a new study from The Hackett Group, Inc. (NASDAQ: HCKT). According to The Hackett Groups study, companies globally dedicate 7.2% of their spend to diverse-owned business currently, which is equal to $72 million per billion of total spend. But by 2025, companies expect