TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Habitual Offender Rahul Gandhi Threatens Election Commission Again, This Time Its 'Voter Theft'

    Habitual Offender Rahul Gandhi Threatens Election Commission Again, This Time Its ‘Vote Theft’

    Dead Economy” or Double Standards? Rahul Gandhi’s ₹10 Crore Market Gamble Exposes Hypocrisy

    Rahul Gandhi Calls It ‘Dead Economy’, Yet His Portfolio Booms: ₹10 Cr Bet Backfires on Congress Rhetoric

    Omar Abdullah Responds Warmly to PM Modi after he praises JK CM’s Gujarat visit

    Omar Abdullah Responds Warmly to PM Modi after he praises JK CM’s Gujarat visit

    Britain, France No Longer Christian-Majority Nations: Pew Research Reveals Decade of Demographic Change

    Britain, France No Longer Christian-Majority Nations: Pew Research Reveals Decade of Demographic Change

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    ‘Focused on India’s Interest’: Piyush Goyal Tells Parliament

    ‘Focused on India’s Interest’: Piyush Goyal Tells Parliament After Trump’s Tariff Blow

    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    “Ireland Isn’t Safe”: Indian National Issues Warning on Safety After Mob Attack in Dublin

    Nursery Student Assaulted for ‘Radhe Radhe’ Greeting; Accused Principal Arrested in Durg

    Trump’s Tariff Move Derails India-US F-35 Fighter Jet Agreement

    F-35 Fighter Jet Deal with US Off the Table After Trump’s Tariff Shock : Report

    India Showcases Pralay Missile to Armenian Delegation Amid Tactical Strike Talks

    Armenian Team Likely Saw Pralay Quasi-Ballistic Missile Tests, Signals Interest in India’s Tactical Arsenal

    ndia’s ‘PRALAY’ Missile Can Strike Silently — Even From a Truck

    DRDO Tests 5,000 Kg Radar-Evading ‘Pralay’ Quasi-Ballistic Missile Capable of Precision Strikes from Mobile Truck Launchers

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Turkish drones helped Pakistan, now Indian tourists are helping crash Turkey’s economy

    Tourism Boycott from India Leaves Turkey’s Peak Season in Shambles, 37% Drop After Pro-Pakistan Stance

    Indian-Origin Man Alleges “Unprovoked” Racist Attack in Dublin, Says Violence Against Minorities Rising in Ireland

    Indian-Origin Man Alleges “Unprovoked” Racist Attack in Dublin, Says Violence Against Minorities Rising in Ireland

    India Showcases Pralay Missile to Armenian Delegation Amid Tactical Strike Talks

    Armenian Team Likely Saw Pralay Quasi-Ballistic Missile Tests, Signals Interest in India’s Tactical Arsenal

    Six Indian Companies Sanctioned by US for Violating Iran Oil Restrictions

    US Imposes Sanctions on Six Indian Firms Over Iran Oil Trade Links

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Top Casino Bonuses to Claim in 2025

    Top Casino Bonuses to Claim in 2025

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Habitual Offender Rahul Gandhi Threatens Election Commission Again, This Time Its 'Voter Theft'

    Habitual Offender Rahul Gandhi Threatens Election Commission Again, This Time Its ‘Vote Theft’

    Dead Economy” or Double Standards? Rahul Gandhi’s ₹10 Crore Market Gamble Exposes Hypocrisy

    Rahul Gandhi Calls It ‘Dead Economy’, Yet His Portfolio Booms: ₹10 Cr Bet Backfires on Congress Rhetoric

    Omar Abdullah Responds Warmly to PM Modi after he praises JK CM’s Gujarat visit

    Omar Abdullah Responds Warmly to PM Modi after he praises JK CM’s Gujarat visit

    Britain, France No Longer Christian-Majority Nations: Pew Research Reveals Decade of Demographic Change

    Britain, France No Longer Christian-Majority Nations: Pew Research Reveals Decade of Demographic Change

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    ‘Focused on India’s Interest’: Piyush Goyal Tells Parliament

    ‘Focused on India’s Interest’: Piyush Goyal Tells Parliament After Trump’s Tariff Blow

    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    IMF Raises Global Growth Forecast; India Set to Expand 6.4 pc in FY26

    India Bans 25 OTT Platforms

    India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

    Union Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds formally signed the Free Trade Agreement

    India, UK Sign Historic FTA; Modi Sends Stern Message on Terror, Corruption, and Democracy Abuse

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    “Ireland Isn’t Safe”: Indian National Issues Warning on Safety After Mob Attack in Dublin

    Nursery Student Assaulted for ‘Radhe Radhe’ Greeting; Accused Principal Arrested in Durg

    Trump’s Tariff Move Derails India-US F-35 Fighter Jet Agreement

    F-35 Fighter Jet Deal with US Off the Table After Trump’s Tariff Shock : Report

    India Showcases Pralay Missile to Armenian Delegation Amid Tactical Strike Talks

    Armenian Team Likely Saw Pralay Quasi-Ballistic Missile Tests, Signals Interest in India’s Tactical Arsenal

    ndia’s ‘PRALAY’ Missile Can Strike Silently — Even From a Truck

    DRDO Tests 5,000 Kg Radar-Evading ‘Pralay’ Quasi-Ballistic Missile Capable of Precision Strikes from Mobile Truck Launchers

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Turkish drones helped Pakistan, now Indian tourists are helping crash Turkey’s economy

    Tourism Boycott from India Leaves Turkey’s Peak Season in Shambles, 37% Drop After Pro-Pakistan Stance

    Indian-Origin Man Alleges “Unprovoked” Racist Attack in Dublin, Says Violence Against Minorities Rising in Ireland

    Indian-Origin Man Alleges “Unprovoked” Racist Attack in Dublin, Says Violence Against Minorities Rising in Ireland

    India Showcases Pralay Missile to Armenian Delegation Amid Tactical Strike Talks

    Armenian Team Likely Saw Pralay Quasi-Ballistic Missile Tests, Signals Interest in India’s Tactical Arsenal

    Six Indian Companies Sanctioned by US for Violating Iran Oil Restrictions

    US Imposes Sanctions on Six Indian Firms Over Iran Oil Trade Links

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    Chola Legacy, Modi’s Message: Restoring Dharma in Tamil Political Discourse

    Rajendra Chola to PM Modi: Reclaiming Tamil Nadu’s Forgotten Hindu Civilizational Heritage

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    Schools in Delhi May Soon Bear Names of Local Kargil Martyrs, Says Minister on Vijay Diwas

    NCERT Textbook Reveals Mughal Religious Intolerance

    Ruthless Babur, Violent Akbar, Destructive Aurangzeb: NCERT Textbook Reveals Mughal Religious Intolerance

    India Built Gardens Long Before Babur Dreamt of Charbagh

    Before the Mughals: India’s Civilisation Built Gardens Long Before Babur Dreamt of Charbaghs

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    Top Casino Bonuses to Claim in 2025

    Top Casino Bonuses to Claim in 2025

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    A Taste of India: Discovering Five Iconic Alcoholic Beverages

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    Infuse Your Outdoors With Elegance with Gate Lights and Garden Lights

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    How to Use Bilbet Mobile App for Smart Betting – Pro Tips for Indian Gamblers

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

The Importance of Supplier Diversity in Modern Business Elucidated by Harshila Gujar

Vishakha Srivastava by Vishakha Srivastava
9 January 2023
in Business
The Importance of Supplier Diversity in Modern Business Elucidated by Harshila Gujar
Share on FacebookShare on X

The importance of supplier diversity in today’s business environment is becoming more and more apparent. As companies strive to be more inclusive and socially responsible, supplier diversity has emerged as a crucial strategy, offering not only ethical and societal benefits but also tangible business advantages. The incorporation of diverse suppliers into procurement processes is no longer merely a compliance issue but a strategic imperative that drives innovation, enhances competitiveness, and strengthens brand reputation.

Leading authority on supplier diversity, Harshila Gujar, is at the vanguard of this approach to business. With a career marked by impactful initiatives and a commitment to fostering inclusive business practices, she has established herself as a driving force in this essential domain. Her work, particularly in collaboration with prominent organizations such as the National Minority Supplier Development Council (NMSDC) and the Women’s Business Enterprise National Council (WBENC), has set new benchmarks in the industry.

RelatedPosts

No Content Available
Load More

Supplier diversity, as elucidated by Gujar, is not just about ticking boxes but about creating a sustainable and equitable supply chain that benefits all stakeholders. Through her leadership, she has successfully implemented a comprehensive supplier diversity program in her current role, which has not only increased the participation of diverse suppliers by 30% over three years but also resulted in $50 million in new contracts awarded to minority-owned businesses. Her efforts have also led to a 15% enhancement in overall procurement efficiency, translating into significant cost savings of approximately $10 million annually.

One of Gujar’s most notable achievements is the Supplier Diversity Initiative, which she led to integrate supplier diversity into the procurement processes of various corporations. This initiative resulted in a 25% increase in diverse supplier participation, showcasing the potential of diverse suppliers to contribute to the overall success of an organization. Additionally, she drove the development of a Supplier Diversity Technology Platform, which improved transparency and accountability across the supply chain, further solidifying her reputation as an innovator in the field.

Gujar’s impact is not confined to her immediate workplace; it extends to the broader industry as well. By organizing and executing community outreach programs to support minority-owned businesses, she has contributed to the creation of new jobs in underrepresented communities, demonstrating the far-reaching benefits of supplier diversity. Her efforts have led to a 5% increase in diverse supplier spend over five years, equating to an additional $1 million in contracts. Moreover, she has achieved a 20% reduction in procurement costs through the inclusion of innovative solutions from diverse suppliers, proving that diversity and efficiency can go hand in hand.

However, Gujar’s journey has not been without challenges. She faced initial resistance to supplier diversity programs, a common hurdle in the industry. Yet, through her persuasive demonstration of the financial and strategic benefits of these programs, she was able to win over key stakeholders. Another significant challenge was the difficulty in finding qualified diverse suppliers, which she addressed by creating a robust supplier development and mentorship program. This initiative not only enhanced the capabilities of these suppliers but also ensured compliance with regulatory and legal requirements, maximizing the effectiveness of the programs.

In addition to her practical achievements, Gujar has contributed to the intellectual discourse on supplier diversity through her published works. Her research papers and scholarly articles, such as “Community Outreach and Engagement: Building Relationships with Diverse Communities” and “Creating Safe Spaces for Dialogue: Facilitating Open Discussions on Diversity Issues,” have been influential in shaping industry practices and guiding organizations toward more inclusive approaches.

Reflecting on her extensive experience, Gujar emphasizes that “supplier diversity is increasingly being recognized as a strategic imperative rather than a compliance requirement.” She believes that organizations that embrace supplier diversity are likely to see significant benefits in innovation, market competitiveness, and brand reputation. In the coming years, she predicts that the integration of advanced technologies such as AI will further enhance the efficiency and effectiveness of supplier diversity programs, enabling better tracking, management, and performance assessment of diverse suppliers. Moreover, she foresees a growing emphasis on global supplier diversity, expanding beyond local and national boundaries to include diverse suppliers from around the world. This globalization will require organizations to develop more sophisticated and inclusive supplier diversity strategies, a challenge that Gujar is well-prepared to tackle.

The importance of supplier diversity in modern business cannot be overstated. It is a strategic approach that not only promotes fairness and inclusivity but also drives innovation, efficiency, and competitiveness. As businesses continue to navigate the complexities of the global market, those that prioritize supplier diversity, as exemplified by the work of Harshila Gujar, will be better positioned to thrive in an increasingly diverse and interconnected world.

Tags: inclusive businessprocurement strategysupplier diversity
ShareTweetSend
Previous Post

Thirunallar Saneeshwara Bhagavan Temple, Timings, Travel Guide, History and How to reach

Next Post

Walkeshwar Temple, Mumbai Timings, History, Travel Guide, and How to reach

Related Posts

‘Focused on India’s Interest’: Piyush Goyal Tells Parliament
Business

‘Focused on India’s Interest’: Piyush Goyal Tells Parliament After Trump’s Tariff Blow

31 July 2025

Union Commerce Minister Piyush Goyal addressed the Lok Sabha on Thursday, asserting that the Indian government is thoroughly examining...

India Bans 25 OTT Platforms
Business

India Bans 25 OTT Platforms Including ULLU, ALTT & Desiflix for Obscene Content

25 July 2025

In a major crackdown on obscene content, the Central government has directed Internet Service Providers (ISPs) to block access...

US Trade Officials to Visit India in August for Crucial Talks
Business

US Trade Officials to Visit India in August for Crucial Talks

22 July 2025

A high-level team from the US is gearing up to visit India in August for the next round of...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

Sawan’s Fire, Bharat’s Voice: How India Is Leading the Global Narrative Now

Sawan’s Fire, Bharat’s Voice: How India Is Leading the Global Narrative Now

00:06:03

When Reuters Insults India, Its Indian Staff Looks the Other way

00:07:38

NISAR Explained: Why the World Is Watching ISRO and NASA’s Next Move

00:07:26

Inside the ₹30,000 Cr Tug of War Between Karisma Kapoor and Sunjay’s Family

00:04:08

Should the HR&CE Exist? The Controversial Control Over Hindu Temples in Tamil Nadu

00:06:31
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited