Episode 48: Understanding the Supplier Side of Supplier Diversity with Elizabeth Blount McCormick
By Kelly Barner | January 19, 2022
Procurement teams that want to increase the diversity of their supplier base may think that they have to compromise on quality and performance to do so. This could not be further from the truth. Diverse-owned businesses are (and should be expected to be) just as competitive and qualified as any other business in their industry.
In this episode of The Sourcing Hero podcast, Host Kelly Barner welcomes Elizabeth Blount McCormick. Elizabeth is the President and Owner of UNIGLOBE Travel Designers, a firm that specializes in designing, coordinating, and delivering complex travel plans for individuals, groups, and corporate travel partners. UNIGLOBE Travel Designers is also a black, woman-owned business.
In this conversation, Elizabeth enthusiastically shares her first-hand experience with today’s difficult travel conditions and what it is like to be a diverse business owner:
- An overview of the current state of corporate travel and how travel managers and/or procurement teams tasked with managing travel spend should do given the current uncertainties
- The investment of time and effort required to earn and maintain multiple diversity certifications and how they affect her business development efforts
- What she would like buy-side companies to know about the supplier’s perspective on corporate diversity programs and how they can be improved