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Supplier Diversity Training

Supplier Diversity means having diverse suppliers, or a diverse supply base.

Diverse suppliers are recognised as businesses that are majority owned by a minority group. These groups usually refer to people of colour, such as African American, Hispanic, Asian, and minority or under-represented groups such as LGBTIQ, women, or disabled people.

Supplier Diversity in an Australian context refers to buying from Indigenous businesses, or Indigenous procurement. Its intent is to overcome disadvantage and close the gap through Indigenous economic development. Spend with Indigenous businesses creates wealth and jobs, which are fundamental to a range of other outcomes such as health, well-being and community.
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​Supplier diversity in Australia is designed to level the playing field for Indigenous businesses. This means opening up opportunities that wouldn’t ordinarily be available, and competing for business opportunities on equal terms. It isn’t a hand out, but a hand up. It is not designed to discriminate positively in favour of Indigenous businesses, but rather support Indigenous economic development. Growing Indigenous businesses provides both economic and social returns. Economic development has a positive impact on Indigenous people.
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The economic and social value can be seen through:

• Ownership and Control – Provides self-determination and empowerment to Indigenous business owners. They are in control of their own destiny and life.
• Role Models – Indigenous business leaders are positive role models for younger generations to look up to.
• Reinvestment – Many Indigenous businesses reinvest in supporting their families and communities through strategic initiatives, community projects and other local activities.
• Training – Indigenous businesses up-skill and develop capability by providing training that develops new skills and knowledges that support pathways into employment.
• Employment – Indigenous businesses are 100 times more likely to employ and 100 times more likely to retain Indigenous people.

(Source: Supplier Diversity How, Kristal Kinsela)

IPS Management Consultants facilitate Supplier Diversity workshops with a focus on Indigenous Business procurement. Our workshops assist government and corporate staff to embed Supplier Diversity within their supply chains, and start important conversations about cultural change in relation to how and why they procure goods and services that can have a social impact.

Our workshops, which we are now facilitating virtually in 2 x 2 hour online sessions, provide a safe space for participants to engage in a dialogue, ask questions, challenge and debate their understanding of supplier diversity, their obligations in relation to procurement policies, and using Indigenous businesses.

Completing this workshop will give participants:

• A deep understanding of supplier diversity, Indigenous Procurement Policies, Social Procurement Frameworks and the Indigenous business sector.
• An understanding of best practice strategies in procuring from Indigenous business and implementing a supplier diversity program.
• An understanding of the social & economic benefits in engaging with Indigenous Businesses.
• Complete a 100-day action plan.

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If you would like to talk to IPS about delivering Supplier Diversity workshops in your business, please don’t hesitate to contact Kristal Kinsela.

Contact Kristal

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Supplier Diversity Resources

Supplier Diversity How
Kristal Kinsela-Christie

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Supply Nation - National Directory of Indigenous Businesses

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Capability Snapshot

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ORGANISATIONAL DEVELOPMENT AND LEADERSHIP

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POLICY AND
​EVALUATION

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BUSINESS
​ADVISORY

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​INDIGENOUS
​ADVISORY

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