diversifying suppliers

How to Identify Diverse Suppliers?

Identifying diverse suppliers can be approached in several ways:
Market Research: Conduct thorough market research to identify potential suppliers from different regions and industries.
Networking: Attend industry conferences, trade shows, and seminars to meet and learn about new suppliers.
Certifications: Look for suppliers who are certified by recognized bodies such as the National Minority Supplier Development Council (NMSDC) or Women's Business Enterprise National Council (WBENC).
Online Platforms: Use online platforms and databases that specialize in connecting businesses with diverse suppliers.

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