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Getting Started with SDM

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Many supplier diversity programs start with the end goal in mind, approaching it as a destination rather than a long-term organizational process. This method isn’t necessarily the wrong way to think about supplier diversity, but it may not allow you to identify the gaps because you aren’t deconstructing the process and considering every step needed to achieve your goal of adding value. Having properly designed business processes in place is the key to efficiency, scalability, and competitiveness and ensures that the program will be a vital part of the organization for years to come. This area is where the SDM model is an effective tool. You can read more about the model in the earlier section “Introducing the Supplier Diversity Management (SDM) Model.”

The SDM model is a guide that helps you identify the key functions at every phase of the process and map out the activities you should incorporate based on your organizational culture. It’s not a cookie-cutter approach. Rather, it allows you to consider those details that are unique to your organization and adapt your program activities to those that allow you to achieve your outcomes. In this model (refer to Figure 3-3), you see how each phase impacts the next phase. Starting at the left, organizational stakeholders (external process) drive internal activities (internal process) which then impacts diverse businesses (supplier development process). These activities work collectively to create value.

The following sections offer a few tips to consider as you begin using the SDM model in your organization.

Supplier Diversity For Dummies

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