Increase your supply chain’s agility and resilience and gain a competitive advantage by expanding diversity in your supplier base.
Sievo Diversity Analytics combines your spend data with supplier diversity data, giving you the ability to identify the diversity status in your supply chain. Track by category, region, and organization, or drill down to the line level - all in one view.
Easily monitor your spend from diverse certified suppliers to meet federal mandates and corporate brand goals. With Diversity Analytics, you will boost your Supplier Diversity Program and empower your industry supplier diversity leadership.
Assess how much of your supplier base is diverse versus non-diverse, and how much has been assessed. Easily view and report your status with KPIs to internal and external stakeholders to meet corporate goals or federal mandates.
Every user can see supplier diversity information with visibility from global KPIs to individual suppliers.
Get insights into your diverse suppliers including their certifications and diversity types. Discover in one glance the magnitude of each diversity type in your spend, and view how much growth or decline there has been with our interactive features.
You can find diversification opportunities in your supply base by combining supplier diversity data with spend data.
For example, you can use filters to identify your top suppliers' performance from your biggest category.
Benchmark the diversity status internally by business units or organisations - and keep track of the development in your supplier diversity program over time by selecting the preferred timeframe.
Communicate easily with internal and external stakeholders by sharing and reporting diversity statuses. Create custom dashboards, use quick filters to personalize your reports, or use Sievo Self service dashboards to create charts from scratch. Create bookmarks with one click, share your insights with stakeholders, or export the data to excel.
Sievo provides automated integration and frequent data refreshes so your numbers are up-to-date and reliable. Bring diversity KPIs into your existing tools and processes by having continuous access - simply log in to your Sievo browser on any device.
Sievo's spend diversity reporting serves as the core of our supplier diversity program, enabling us to create monthly dashboards that give our business stakeholders and other individuals insights into our efforts and the results we are achieving.
Senior Manager Supplier Value Optimization, Source to Pay
With Sievo, our users can filter suppliers by region, category drill-down, diversity spend share, and access the specific data they need to make optimal decisions.
Director Procurement Programs, Source to Pay
For most major companies, these supplier diversity programs represent an opportunity to actively join the fight against racial discrimination, create economic opportunity, and enhance their businesses.
Bateman A., Barrington A., and Date K.
"Why you need a Supplier-Diversity Program", Harvard Business Review, 2020
80% of emissions come from the supply chain, and procurement is in the driver’s seat to make an impact. The majority of global organizations do not have the visibility or the process to measure and report company emissions on a continuous basis. Does yours have?
Discover SolutionIn this whitepaper we share the definition of Diversity in Procurement, and why supplier diversity is important for Procurement. Our Sievo experts share best practices and insights to common success factors of diversity programs.
READ THE WhitepaperIn this blog, we learn from Neeraj Shah (CEO at supplier.io) & Kelly Barner (a top procurement influencer). They focus on the development of supplier diversity through the years and articulate the value of having diverse suppliers in the supply chain.
Read BlogDo you know how to create a data-fuelled supplier diversity program? In this blog, we explain why companies such as Coca-Cola, UPS, Walmart, and Toyota have diversity programs aligned with their business strategies - including five steps for you to create one.
Read Blog