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The Power of Procurement

How to Source from Women-Owned Businesses: Corporate Guide to Gender-Responsive Procurement

image of The Power of Procurement

This manual provides corporations and their suppliers with a deeper understanding of the barriers and challenges preventing women-owned businesses from accessing and fully participating in local and global values chains. It provides the tools and techniques for reducing or eliminating these barriers and for leveraging the vast untapped economic potential represented by women-owned businesses. For many women, entrepreneurship offers a path to economic empowerment and it is incumbent upon corporations to help create conditions that permit this.

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Understanding and finding women-owned business enterprises

To effectively increase the number of women-owned business enterprises participating in corporate supply chains, corporations must develop a network of suppliers that are both owned and controlled by women and capable of providing goods and services in the quantities and of the quality required. This includes suppliers at all levels of the value chain. This requires, from the outset, an in-depth understanding of the potential supplier base and market opportunities, as well as a commitment by corporate management to pursue gender-responsive procurement.

English

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