Supplier diversity has fast become an integral part of supply chain organizations. But how do you attract, onboard and validate local, regional and global Minority and Women Business Enterprise (MWBE) suppliers while maintaining accurate and current information? SciQuest’s Supplier Diversity Manager delivers a comprehensive 1st and 2nd tier Supplier Diversity program with centralized sourcing, registration, tracking and reporting capabilities.

• Diverse Supplier Registration Portal enables prospective suppliers to register and introduce their company in one central repository. The repository is accessible to all internal users with built-in commodity specific questionnaires and routing. Pre-populate and manage existing suppliers online with 24/7 supplier self-service access for updates and information-sharing.
• Certification Tracking & Verification tracks suppliers’ electronic copies of their diverse certificate types and expiration dates. Moreover, it tracks certification expiration dates and automatically notifies suppliers of upcoming expirations.
• Automated E-mail/Fax and Batch Communication allows managers to automatically request updates or notify suppliers of certification expirations and generate email requests for monthly, quarterly, or yearly 2nd tier spend from Primes. E-mail schedule and content are fully configurable.
• 2nd Tier Reporting lets you manage your 2nd tier program by giving Primes online reporting of direct, indirect, or project-based sub-spends. Track associated 2nd tier goals and compliance.
• MWBE Spend Reporting generates automated analysis views of spend data based on commodity categories, locations, business units, top vendors and top spends. Federal SBA Compliance Reports provide auditable spend views based on government classifications and reporting standards.

Developing and managing a successful supplier diversity program requires the proper balance of effective policies and processes supported by the right technology and content services. SciQuest’s Supplier Diversity Manager automates registration, management and compliance reporting to simplify and accelerate the development of a comprehensive diversity program.

ISM Supplier Diversity Survey 2011 – Read the results here.