Supplier Diversity Program Enhancement
Opportunity through economic inclusion.
Our Value Proposition
NDS helps organizations identify and leverage the benefits of reaching a larger, nontraditional group of suppliers and customers for the growth of their business.
By understanding the changing demographics and how this ultimately leads to an increasingly diverse marketplace, National Diversity Solutions (NDS) helps organizations discover the benefits they can enjoy from reaching a larger, nontraditional group of suppliers and customers. Because we also understand the challenges many organizations face in achieving this goal, our team has developed specific solutions to facilitate the required changes.
Collectively, our tools, processes and expertise are unique and effective in facilitating mutually beneficial partnerships between our clients and diverse businesses. We have helped our clients grow their businesses by tapping into the skills and talents of a broader range of people who bring fresh ideas, offer innovative products, quickly implement new processes, and contribute to the economic strength of their respective communities.
According to the latest census bureau information, the populations of the four major ethnic minorities (Hispanic, African American, Asian American and American Indian) are growing approximately 2 ½ times faster than that of the Caucasian majority population. Therefore the demographics in our country are changing rapidly: it is estimated by the census that the four minority groups will equal over 50% of the population by 2042.
…Increased Buying Power
Another notable trend is the increasing buying power of the four major ethnic minority groups, which has grown 234% since 1990 and is projected to grow another 41% by 2015 bringing the total to over $3.5 trillion or approximately 26% of the nation’s total buying power .