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Trends in Supplier Diversity Practices in Corporations

In recent years, many large South African corporations have embraced supplier diversity as a strategic procurement practice. Supplier diversity – the proactive sourcing of goods and services from previously underutilized suppliers – is gaining traction locally, although it remains less mature than in some countries.

Corporate-led initiatives, often in partnership with organizations like the South African Supplier Diversity Council (SASDC), are reforming procurement processes to include more Black-owned and women-owned suppliers. SASDC’s corporate members, for example, commit to policies that open opportunities for Black suppliers and even report the Rand value of purchases from these suppliers within the Council.

The South African Supplier Diversity Council (SASDC) is pleased to announce a strategic partnership with NEAT, a leading innovator in video collaboration technology, to enhance the delivery of training and engagement within the SASDC Academy and Project EMBRACE.