JAGGAER-Tealbook Survey 2021

The term ‘supplier diversity’ is no longer just a buzzword.

With plenty of companies already pursuing supplier diversity the benefits are there for all to see. More than just reducing costs, it can promote innovation, agility, growth, product quality, as well as customer and talent acquisition and retention.

But where is supplier diversity on the corporate agenda? Is it high enough?

In order to launch a successful program, or take your existing efforts to the next level, you need insights into supplier diversity best practice and trends.

JAGGAER and Tealbook are inviting you to take part in this survey. You'll get:

Survey results and analysis
Insight into supplier diversity industry trends 
Insights and best practices to build a strong supplier diversity program 
Information about the solutions you need to help you on the journey

Take part in the survey now!

Question Title

* 1. How far along are you in your supplier diversity journey?

We haven’t started or invested in supplier diversity initiatives yet.

We’re just getting started. It’s a priority for this year and next.

We’re actively pursuing and plan to have a highly diverse supplier base by end of year.

We have a highly diverse supplier portfolio. We’re implementing progressive and impactful supplier diversity initiatives.

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* 2. In which specific areas have you invested as it pertains to supplier diversity (check all that apply)?

We have a documented supplier diversity policy.

We have established and public CSR/ESG principles.

We actively source from historically underutilized vendors (minority, women, veteran, LGBT-owned, and Small Business Administration-defined small business vendors).

We’ve consulted or received a supplier diversity certification from a relevant organization (ex: National Minority Supplier Development Council or Supplier Diversity Europe).

We regularly report on our level of supplier diversification.

We actively investigate suppliers' claims to being classified as diverse.

We have established environmentally friendly, diverse, ethical and sustainable sourcing practices.

We have top-level executive support for our supplier diversity and CSR initiatives.

None of the above apply.

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* 3. How much of a priority is supplier diversity within your organization?

High priority

Medium priority

Low priority

Not a priority

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* 4. What percent of your current spend is allocated to diverse suppliers?

Less than 10%

11 – 25%

26 – 50%

51 – 75%

More than 75%

Unknown

Question Title

* 5. To what degree do you agree with the following statement: The Black Lives Matter Movement and/or other growing calls for diversity have heightened internal pressure to boost our supplier diversity initiatives.

Strongly agree

Agree

Disagree

Strongly disagree

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* 6. What are your organization’s biggest challenges in increasing spend with diverse suppliers (pick two)?

A lack of supplier diversity data and insights.

Not being able to verify supplier diversity claims.

Difficulty identifying diverse suppliers that also meet procurement criteria.

Deciding what constitutes ‘diverse’ or ‘diverse spend’.

Poor internal reporting and tracking of diverse spend.

No clear internal owner of supplier diversity.

Subpar or nonexistent accountability measures.

We don’t know where to start.

Not applicable/not on our agenda.

Question Title

* 7. How do you plan to invest further in supplier diversity in 2021 (select all that apply)?

Increase the weight of supplier diversity in sourcing decisions.

Conduct regular audits of supplier diversity spend.

Provide suppliers with tools and coaching to help scale the diverse supplier base.

Partner with certifying organizations.

Ask suppliers to report on their own supplier diversity spend.

Leverage technology to find diverse suppliers.

Ensure we have reliable supplier diversity data.

Tap existing supplier relationships to expand our diverse supplier network.

None of the above.

Question Title

* 8. What are the biggest benefits you’re seeing as a result of your supplier diversity efforts (select all that apply)?

Supplier innovation

Reduced costs

Greater supply base competition

Better product quality

Agility

New customer growth

Customer loyalty, satisfaction and success

Improved internal culture

Talent acquisition and retention

Positive reputational impacts

Market expansion

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* 9. In 2021, will you be able to report on the number of Tier 1 and Tier 2 suppliers that fall into each diversity category?

Yes

Not an objective

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* 10. In 2021, will you be able to find Tier 2 suppliers that meet your supplier diversity criteria?

Yes

Not an objective

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* 11. Which best describes your organization’s industry?

Manufacturing

Higher education

Electrical Industry

Energy

IT and services

Public sector/government

Financial services and/or insurance

Food and beverage

Retail and consumer goods

Mechanical and plant engineering

Telecommunications and/or media

Pharmaceuticals and chemicals

Transportation and logistics

Other (please specify)

Question Title

* 12. Which best describes your company’s annual revenue in 2020 (USD)?

Up to 10 million

11-50 million

51-100 million

101-500 million

501-1,000 million

1-5 billion

6-10 billion

11-50 billion

Over 50 billion

Question Title

* 13. In which region is your company based?

North America

South or Central America

Europe

Middle East

Africa

Asia Pacific

JAGGAER-Tealbook Survey 2021

The term ‘supplier diversity’ is no longer just a buzzword.

Question Title

* 1. How far along are you in your supplier diversity journey?

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* 2. In which specific areas have you invested as it pertains to supplier diversity (check all that apply)?

Question Title

* 3. How much of a priority is supplier diversity within your organization?

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* 4. What percent of your current spend is allocated to diverse suppliers?

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* 5. To what degree do you agree with the following statement: The Black Lives Matter Movement and/or other growing calls for diversity have heightened internal pressure to boost our supplier diversity initiatives.

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* 6. What are your organization’s biggest challenges in increasing spend with diverse suppliers (pick two)?

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* 7. How do you plan to invest further in supplier diversity in 2021 (select all that apply)?

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* 8. What are the biggest benefits you’re seeing as a result of your supplier diversity efforts (select all that apply)?

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* 9. In 2021, will you be able to report on the number of Tier 1 and Tier 2 suppliers that fall into each diversity category?

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* 10. In 2021, will you be able to find Tier 2 suppliers that meet your supplier diversity criteria?

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* 11. Which best describes your organization’s industry?

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* 12. Which best describes your company’s annual revenue in 2020 (USD)?

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* 13. In which region is your company based?

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* 14. If you would like to receive a complimentary copy of the report based on the survey results, please enter your email address.