Are you struggling to foster a diverse supplier base that reflects your company’s values? You’re not alone! Many businesses recognize the importance of supplier diversity but face challenges in finding the right training programs to guide them. The right factory can transform your approach, empowering your team with the knowledge and skills needed to engage diverse suppliers effectively. Imagine reaping the benefits of innovative solutions, increased competitiveness, and enhanced community relationships. Ready to unlock the potential of supplier diversity?
Dive into our comparison of the top training factories that can elevate your diversity initiatives. Let’s find the perfect match for your business!
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CPSD® Certified Professional in Supplier Diversity®
Product Details:
CPSD® Certification program consisting of two exams: Supply Management Core Exam and Essentials in Supplier Diversity Exam.
Technical Parameters:
– CPSD® Exams consist of 150 questions each.
– Each exam has a time limit of 2 hours and 45 minutes.
– Passing score for CPSD Essentials in Supplier Diversity exam is 480.
– Exam scores are valid for 4 years.
Application Scenarios:
– Professionals seeking to enhance their credentials in supplier diversity and
– Individuals looking to validate their expertise in supply chain management.
– Candidates aiming for career advancement in procurement roles.
– Veterans utilizing GI Bill benefits for certification.
Pros:
– CPSD® certification is recognized and can enhance career opportunities.
– Exam fees can be reimbursed by the U.S. Department of Veterans Affairs.
– ISM membership offers significant savings on exam fees and additional benefits.
– Flexible study options allow candidates to prepare at their own pace.
Cons:
– Exam registration fees can be high, especially for non-members.
– Candidates must have relevant work experience to qualify for certification.
– There is a 30-day waiting period for retaking failed exams.
– Specific exam questions and answers are not publicly available.
Home – Supplier Diversity Training Institute
Training & Events | Alliance of Supplier Diversity Professionals – ASDP
Product Details:
Training programs for Small Business Liaison Officers focused on Supplier Diversity.
Technical Parameters:
– In-depth explanation of rules and regulations
– Networking opportunities with industry professionals
– Training suitable for all levels of experience
– Focus on both refresher and new material
Application Scenarios:
– For newly assigned Small Business Liaison Officers
– For organizations transitioning from small to large business classifications
– To establish or enhance Supplier Diversity Programs
– For ongoing professional development and re-certification
Pros:
– Excellent instructors committed to the small business cause
– Engaging and relevant training content
– Opportunities for networking with peers
– Comprehensive coverage of necessary tools and information
Home | Supplier Diversity Experts LLC
Product Details:
Supplier Diversity Experts, LLC provides consulting services focused on supplier diversity and supply chain management, including training programs and benchmarking services.
Technical Parameters:
– Over 200 years of combined experience in supplier diversity
– Database of over 2000 qualified suppliers
– Formal supplier diversity training program
– Implementation of Tier I and Tier II purchasing programs
Application Scenarios:
– Corporations looking to create or enhance supplier diversity programs
– Educational and healthcare institutions needing supplier diversity consulting
– Construction and transportation authorities aiming to integrate diverse
– Companies seeking to improve their corporate image and bidding success
Pros:
– Enhances corporate image and stakeholder perception
– Provides access to a diverse supplier base, promoting innovation
– Tailored services to meet specific corporate needs
– Supports ethical and profitable supplier diversity initiatives
Achieving Supplier Diversity – Coursera
Product Details:
Achieving Supplier Diversity is an intermediate-level course offered on Coursera that focuses on the importance and implementation of supplier diversity programs.
Technical Parameters:
– 2 hours to complete
– Flexible schedule
– Includes 3 modules with videos, readings, and assignments
Application Scenarios:
– Companies looking to enhance their supplier diversity initiatives
– Organizations aiming to improve their procurement processes
– Businesses interested in understanding the impact of diverse suppliers on their
Pros:
– Provides insights into the benefits of supplier diversity
– Offers practical strategies for engaging diverse suppliers
– Includes resources for identifying potential diverse suppliers
Cons:
– Intermediate level may not be suitable for beginners
– Time commitment of 2 hours may be a constraint for some learners
Supplier Diversity Masterclass: On-Demand
Product Details:
Supplier Diversity Masterclass: On-Demand is a 4-part educational series designed to help organizations build, expand, and measure the success of their supplier diversity programs. Participants can earn a Supplier Diversity Black Belt Certification by attending all sessions.
Technical Parameters:
– 4-part educational series
– Data-driven insights backed by over $2.7 trillion in spend data analysis
– Certification upon completion of all sessions
– Access to recorded sessions if live attendance is not possible
Application Scenarios:
– Organizations looking to start or improve their supplier diversity initiatives
– Procurement professionals aiming to increase diverse supplier inclusion
– Executives wanting to understand the ROI of supplier diversity programs
– Teams needing to measure the economic impact of their supplier diversity efforts
Pros:
– Expert guidance from supplier diversity professionals
– Tailored strategies for different stages of supplier diversity maturity
– Opportunity to earn a recognized certification
– Access to actionable strategies and tools for measurable results
Cons:
– Requires attendance of all four sessions for certification
– Limited to those interested in supplier diversity, which may not appeal to all
– Potentially time-consuming for busy professionals
Supplier Diversity – University Hospital
Product Details:
Supplier Diversity program at University Hospital focuses on engaging diverse suppliers, including Small-, Minority-, Women-, and Veteran-owned businesses.
Application Scenarios:
– Providing goods and services to University Hospital
– Encouraging diverse supplier participation in hospital contracts
Pros:
– Enhances competitive advantage through supplier diversity
– Promotes diversity in the workplace and supplier base
– Supports economic growth of diverse businesses
Training Courses | Alliance of Supplier Diversity Professionals – ASDP
Product Details:
Supplier Diversity Training & Certification program offered by the Alliance of Supplier Diversity Professionals, focusing on building a diverse supply chain and enhancing supplier diversity practices.
Technical Parameters:
– Course cost: $1,495.00
– Re-Certification cost: $285
– Duration: Three-day training event
– Certification exam at the end of the course
Application Scenarios:
– For new Supplier Diversity Professionals seeking foundational knowledge
– For organizations aiming to improve their supplier diversity programs
– For government agencies implementing Mentor-Protégé Programs
– For companies preparing for customer reviews and audits related to supplier
Pros:
– Enhances understanding of supplier diversity roles and responsibilities
– Provides strategies for developing effective supplier diversity sourcing
– Includes tools for evaluating and reporting performance in supplier diversity
– Promotes economic growth through diverse supply chain practices
Cons:
– High cost of certification may be a barrier for some individuals or
– Limited information on specific outcomes or success rates post-certification
– Re-Certification may require additional costs and time commitment
Supplier Diversity Professional Excellence Program – Dartmouth
SDTI Academy – Supplier Diversity Training Institute
Product Details:
SDTI Academy is an exclusive micro learning platform offering training for supplier diversity managers and supply chain professionals.
Technical Parameters:
– Courses range from 1 to 3 hours in length.
– Prices range from $149 to $349 per course.
– Courses are categorized into beginner, intermediate, and advanced levels.
Application Scenarios:
– Training new supplier diversity practitioners.
– Improving existing supplier diversity programs.
– Aligning supplier diversity initiatives with organizational goals.
Pros:
– Offers a wide range of courses covering various aspects of supplier diversity.
– Courses are designed for different skill levels, accommodating both beginners
– Provides practical strategies and tools for implementing effective supplier
Cons:
– Courses may be costly for individuals or small organizations.
– Limited information on the specific qualifications of instructors.
– No mention of certification or accreditation for course completion.
Comparison Table
| Company | Product Details | Pros | Cons | Website |
|---|---|---|---|---|
| CPSD® Certified Professional in Supplier Diversity® | CPSD® Certification program consisting of two exams: Supply Management Core | CPSD® certification is recognized and can enhance career opportunities. Exam | Exam registration fees can be high, especially for non-members. Candidates must | www.ismworld.org |
| Home – Supplier Diversity Training Institute | sdti.co | |||
| Training & Events | Alliance of Supplier Diversity Professionals – ASDP | Training programs for Small Business Liaison Officers focused on Supplier | Excellent instructors committed to the small business cause Engaging and | |
| Home | Supplier Diversity Experts LLC | Supplier Diversity Experts, LLC provides consulting services focused on | Enhances corporate image and stakeholder perception Provides access to a | |
| Achieving Supplier Diversity – Coursera | Achieving Supplier Diversity is an intermediate-level course offered on | Provides insights into the benefits of supplier diversity Offers practical | Intermediate level may not be suitable for beginners Time commitment of 2 hours | www.coursera.org |
| Supplier Diversity Masterclass: On-Demand | Supplier Diversity Masterclass: On-Demand is a 4-part educational series | Expert guidance from supplier diversity professionals Tailored strategies for | Requires attendance of all four sessions for certification Limited to those | info.supplier.io |
| Supplier Diversity – University Hospital | Supplier Diversity program at University Hospital focuses on engaging diverse | Enhances competitive advantage through supplier diversity Promotes diversity in | www.uhnj.org | |
| Training Courses | Alliance of Supplier Diversity Professionals – ASDP | Supplier Diversity Training & Certification program offered by the Alliance of | Enhances understanding of supplier diversity roles and responsibilities Provides | High cost of certification may be a barrier for some individuals or |
| Supplier Diversity Professional Excellence Program – Dartmouth | dbp.tuck.dartmouth.edu | |||
| SDTI Academy – Supplier Diversity Training Institute | SDTI Academy is an exclusive micro learning platform offering training for | Offers a wide range of courses covering various aspects of supplier diversity | Courses may be costly for individuals or small organizations. Limited | sdti.co |
Frequently Asked Questions (FAQs)
What is supplier diversity training, and why is it important?
Supplier diversity training helps businesses understand the value of working with diverse suppliers, including minority-owned, women-owned, and veteran-owned businesses. It’s important because it fosters inclusivity, drives innovation, and can enhance a company’s reputation while expanding its supply chain options.
How can I find suppliers that offer diversity training?
You can find suppliers by searching online directories, industry associations, and local chambers of commerce. Networking events and trade shows focused on diversity can also connect you with manufacturers committed to supplier diversity training.
What should I look for in a supplier diversity training program?
Look for programs that offer comprehensive content, practical tools, and real-world case studies. Ensure the program is tailored to your industry and includes follow-up support or resources to help you implement what you’ve learned.
How can I assess the effectiveness of a supplier diversity training program?
Evaluate the program’s success by checking participant feedback, success stories, and measurable outcomes like increased diverse supplier engagement. Ask for metrics or testimonials from previous participants to gauge its impact.
What are the costs associated with supplier diversity training?
Costs can vary widely based on the provider, program length, and materials included. Some programs may be free or subsidized through grants, while others can range from a few hundred to several thousand dollars. Always compare options to find the best fit for your budget.
