How One Company Made Its Supplier Diversity Program Unlock Wealth episode artwork

EPISODE · May 28, 2026 · 10 MIN

How One Company Made Its Supplier Diversity Program Unlock Wealth

from The Diversity Career Podcast with Fexingo: Inclusion, Equity, and Underrepresented Professionals · host Fexingo

Lucas and Luna examine how a Fortune 500 company—Cisco—redesigned its supplier diversity program to go beyond compliance metrics. They dig into the specific mechanism that turned procurement into a wealth-building engine for underrepresented businesses: expedited payment terms, mentorship clauses, and a $1.5 billion annual spend target. The episode walks through the numbers that made it work and the ripple effects on supplier retention and job creation. #SupplierDiversity #Cisco #Procurement #WealthBuilding #UnderrepresentedBusinesses #DiverseSuppliers #EconomicInclusion #CorporateStrategy #SpendTarget #MentorshipClauses #ExpeditedPayment #SupplierRetention #JobCreation #Careers #Inclusion #Equity #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo

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How One Company Made Its Supplier Diversity Program Unlock Wealth

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This episode was published on May 28, 2026.

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