SupplierGATEWAY
ICSC has partnered with SupplierGATEWAY to provide our members with discounted access to over one million women and BIPOC service providers and businesses. Commercial real estate firms of all sizes are joining the SupplierGATEWAY platform to reduce costs by sourcing resources competitively, to mitigate risk by engaging diverse suppliers and to make sure their practices have a positive impact on the community.
To arrange a demo and get more information on SupplierGATEWAY subscriptions, contact: Greg Usiak, Software Sales Executive at gregory.usiak@suppliergateway.com.
For questions about ICSC’s involvement in the Commercial Real Estate Diverse Suppliers Consortium, contact: Jazmen Johnson at jjohnson@icsc.com.
SUPPLIER DIVERSITY
Supplier diversity is the intentional inclusion of businesses owned by a group or an individual belonging to a historically underrepresented group.
A successful supplier diversity program can:
- Create competition amongst new and existing suppliers within your supply chain
- Enhance innovation by allowing your team to tap into new perspectives, mindsets and ideas
- Allow your company to be more agile during times of uncertainty
A diverse supplier is a business that is at least 51% owned and operated by an individual or group that is part of a historically underrepresented group. Common classifications are minority-owned enterprises (MBEs) and woman-owned enterprises (WBEs).
The National Minority Supplier Diversity Council says minority-owned enterprises generate nearly $400 billion in economic output, leading to the creation or preservation of 1.75 million jobs and $130 billion in annual tax revenue for the federal, local and state governments. According to Supplier.io, women-owned enterprises employed 9.2 million workers and accumulated $1.8 trillion in annual sales. Companies that partner with women, minority-owned and other historically underrepresented suppliers help to create jobs and build local economies.
