Photo by Taylor Grote on Unsplash

Created in 2018, Progress 2020 is a formal partnership between  supplier.ioDiversity Reporting Solutions, and Supplierty News to incorporate achievable goals and metrics to quantify the corporate benefits of supplier diversity and small business programs.  Premium Ad

Today, the Progress 2020 team is releasing the status of one of our Five Commitments to help improve the supplier diversity and small business industry.  To learn more about our Five Commitments, please CLICK HERE

As it pertains to our goal of tracking 10,000 Small and Diverse Supplier Tier 2 Engagements, we are confirming that our products and services have helped clients track over 18,500 Diverse engagements (no duplicates across any customers) in 2018. We are proud of our accomplishment, almost doubling our commitment in year one, and we look forward to tripling this number soon.

More About the Goal

For our commitment, we aim to utilize the UniTier platform to track the Tier 2 reports, in which, at least 10,000 small and/or diverse suppliers will be included across all reports.

How does this benefit the industry?: We believe that, in addition to providing spend data, understanding the number of suppliers utilized to obtain these dollar amounts is just as important (e.g. within the industry, it is important to understand if organizations are spending money with 10 or 100 suppliers to hit $1 million in Tier 2 Spend).

What is Progress 2020 
Progress 2020 is a formal partnership between supplier.ioDiversity Reporting Solutions, and Supplierty News to incorporate achievable goals and metrics to quantify the corporate benefits of supplier diversity and small business programs.  

From now until, December 31, 2020, the Progress 2020 team is committed to engaging organizations and individuals within the supplier diversity and small business community to accomplish actionable goals and create a sustainable foundation for future growth.