What are recommended management practices for supplier diversity in FM?

What are recommended management practices for supplier diversity in FM?

• A. Set targets only.
• B. Perform supplier evaluation only.
• C. Set targets, conduct supplier evaluation, and implement ongoing supplier development programs.
• D. Ignore supplier performance.

Answer: (C)

Effective management of supplier diversity combines setting targets, evaluating suppliers, and implementing ongoing development programs. Setting targets creates clear goals and accountability for diversifying the supplier base. Evaluations provide objective data on each supplier’s capability, capacity, quality, and risk, guiding sourcing decisions. Ongoing supplier development programs actively help diverse suppliers improve performance, meet standards, and scale their operations through training, coaching, and access to resources. When these elements work together, the approach expands access while ensuring reliable performance and value. Targets alone miss growth insights, evaluations alone lack a path to improvement, and ignoring performance defeats the purpose of the program.