CPSD study plan

Define the core components of a supplier diversity program strategy, including mission, scope, and integration with corporate values.

Identify the key roles and responsibilities of a supplier diversity governance structure (e.g., executive sponsor, program manager, cross-functional council).

Map the decision-making authority and escalation paths for supplier diversity initiatives within a typical organization.

Draft a one-page governance charter outline that specifies reporting lines and accountability.

Analyze how supplier diversity strategy aligns with overall procurement and business goals, including risk mitigation and innovation.

Develop a business case for supplier diversity that quantifies potential benefits (e.g., market access, cost savings, brand enhancement).

Identify internal and external stakeholders and their interests, and outline an engagement approach for each.

Create a communication plan template for promoting supplier diversity internally and externally.

Describe methods for identifying potential diverse suppliers, including databases, certifications, and outreach events.

Outline the qualification criteria for diverse suppliers, such as financial stability, capacity, and compliance with regulations.

Explain the certification process for different diverse supplier categories (e.g., minority-, women-, veteran-owned) and the role of third-party certifying bodies.

Compare at least three certification bodies and their requirements.

Identify sourcing strategies that effectively include diverse suppliers, such as set-asides, tiered bidding, and unbundling of contracts.

Outline the steps in the procurement process and where to integrate supplier diversity considerations.

Describe contract clauses that support supplier diversity, including reporting requirements and subcontracting plans.

Develop a negotiation plan for contracting with a diverse supplier, addressing potential risks and capacity concerns.

Design a supplier development program that includes mentoring, training, and capacity-building activities.

Explain the concept of Tier 2 subcontracting spend and its importance in supplier diversity programs.

Identify methods for tracking and reporting Tier 2 spend, including data collection and validation.

Create a mentoring plan outline for a diverse supplier, including objectives and timelines.

Summarize key regulations and compliance requirements related to supplier diversity (e.g., government contracting rules, anti-discrimination laws).

Identify ethical considerations in supplier diversity, such as avoiding tokenism and ensuring genuine opportunities.

Outline a compliance monitoring process for a supplier diversity program.

Develop a risk mitigation plan for common compliance issues.

Define key performance indicators (KPIs) for supplier diversity programs, such as diverse spend percentage, number of diverse suppliers, and Tier 2 spend.

Explain how to collect, analyze, and report spend data accurately.

Create a dashboard mockup that visualizes supplier diversity metrics.

Calculate diverse spend percentage given sample data.

Develop a communication strategy to promote supplier diversity successes and lessons learned to stakeholders.

Review and synthesize all previous weeks' materials to create a cohesive program summary.

Practice explaining the business case for supplier diversity to an executive audience.

Identify areas for continuous improvement in a supplier diversity program.