Diversity Reporting Solutions

PROGRESS 2020

RESEARCH AND ANALYSIS

Progress 2020 will cover a large spectrum of the supplier diversity industry.  We believe that the 2 year project we have embarked upon (ending December 31st 2020) will help establish a strong foundation within the field of supplier diversity and small business analytics that can be utilized to grow additional fields pertaining to the subject for years to come.

While we understand that the field of supplier diversity encompasses various business types, for the next 2 years, we will pledge to do a deep dive within the following business types focusing on the United States:

  • Minority Business Enterprises (MBEs) 
  • Woman Business Enterprises (WBEs) 
  • Veteran Business Enterprises (VBEs)  

Progress 2020 will focus on the following key points within these three identified business types, putting together documentation to highlight;

  • The 2008-2009 Recession and its impact on supplier diversity
  • The growth of diverse suppliers over the past 10 years
  • Future national demographic projections and its impact on American wealth
  • Diverse suppliers and access to capital
  • Upcoming regulatory mandates that may affect supplier diversity
  • Future of supplier diversity and why this matters for America
  • How supplier diversity programs can help generate revenue

The documentation provided will include a summary of two to three pages with a more in-depth report numbering an estimated 20 to 30 pages. The early projected releases of these documents are listed below:

  • Report highlighting MBEs (late 2018 / early 2019)
  • Report highlighting WBEs (2019)
  • Report highlighting VBEs (2020)

The Progress 2020 project goals are simple.  We hope to put together documents that can provide practical guidance on MBE, WBE, VBE spending, utilize data interpretation to better explain why supplier diversity is important, provide a snapshot of the current supplier diversity industry, and set realistic standards and goals that can be implemented to move the industry forward.

PROGRESS 2020 LINKS

Diversity Reporting Solutions

Diversity Reporting Solutions strives to produce the best in supplier diversity professional productivity tools. We are simplifying supplier diversity.

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Diversity Reporting Solutions
2750 Oakwood Blvd
Melvindale, MI 48122

313.473.7678

contact@diversityreporting.com

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