Supply Chain Digital Magazine December 2022 | Page 34

ACCENTURE
businesses that are 51 % owned by a minority group . In both instances , the aim is to help underrepresented groups flourish .”
Leveraging small businesses in supply chain makes sense What ’ s more , Dickson believes supply chain diversity is also about leveraging small businesses in your supply chain : “ With so much disruption in the supply chain , small and diverse-owned businesses can help fill the many gaps .”
But there are far more substantive benefits of a diverse supply chain than plugging gaps , says Dickson , not least of which is innovation .
“ Small and diverse businesses are nimble , able to do things faster than large corporations , where there are lots of processes and procedures . As a result , they are able to innovate at pace .”

“ My role is unique , as it sits within our strategy and consulting practice and is aligned to our supply chain ”

NEDRA DICKSON MANAGING DIRECTOR , ACCENTURE
She also cites a University of Washington study showing that , for every $ 1mn that a diverse supplier is given , 10 jobs are created in the community . “ So you ' re also looking at economic and social impact when it comes to such businesses .”
34 December 2022