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2009 News

Promoting Women's Economic Empowerment through Supplier Diversity

Promoting Women's Economic Empowerment through Supplier Diversity

March 2009

This March WEConnect International and the Global Private Sector Leaders Forum co-hosted the first global global strategic forum on supplier diversity as a means of empowering women. Participants discussed how to help create more supply chain opportunities for women and provide better access to markets for women-owned businesses.

Attendees included senior executives from the public and private sector including corporate executives from Accenture, AT&T, Boeing, Cisco, Dell, Ernst & Young, Manpower, Pfizer, Walmart, and many others. The combined annual global spend of the organizations in the room was about US$700 billion, and a collective short-term goal for women-owned businesses in the supply chain was set for at least US$7 billion per year - just 1% of their total spend.