{"id":4374,"date":"2025-01-13T14:50:15","date_gmt":"2025-01-13T14:50:15","guid":{"rendered":"https:\/\/wheels2025dev.wpenginepowered.com\/resource\/set-to-achieve-83-in-diversity-spend-in-2024\/"},"modified":"2026-04-21T16:24:11","modified_gmt":"2026-04-21T16:24:11","slug":"set-to-achieve-83-in-diversity-spend-in-2024","status":"publish","type":"project","link":"https:\/\/www.wheels.com\/public\/resource\/set-to-achieve-83-in-diversity-spend-in-2024\/","title":{"rendered":"Set to Achieve 83% in Diversity Spend in 2024"},"content":{"rendered":"\r\n\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">An Opportunity to Enhance Supplier Diversity<\/h2>\r\n\r\n\r\n\r\n<p>A global leader in the snack industry known for iconic brands such as Oreo, Ritz Crackers, and Wheat Thins, this client set a goal to align its procurement process with its corporate social responsibility goals, placing a strong emphasis on enhancing supplier diversity. In 2023, they entered a competitive RFP process, where one of the key deciding factors was each provider\u2019s ability to meet their diversity spend goals. They recognized the opportunity for a more impactful strategy to create real bene\ufb01ts for minority, women, disability and veteran owned businesses as well as small businesses which extends beyond mere compliance.<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/www.wheels.com\/wp-content\/uploads\/2025\/01\/iStock-1412552482-768x350.jpg\" alt=\"\" class=\"wp-image-8110\"\/><\/figure>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">Making a Meaningful Supplier Diversity Impact<\/h2>\r\n\r\n\r\n\r\n<p>The fleet manager, along with the economic inclusion leaders worked with Wheels to develop a Tier 2 reporting strategy, ensuring that actual procurement spend went directly to diverse vendors. This approach was designed to have a tangible impact within the supplier community, enhancing the company\u2019s corporate reputation and social responsibility. Through ongoing reporting and diligent vendor tracking, Wheels demonstrated its ability to channel an estimated 83% of their fleet procurement spend through diverse suppliers, reinforcing the company\u2019s commitment to economic inclusion and supplier diversity.<\/p>\r\n\r\n\r\n\r\n<h2 class=\"wp-block-heading\">Achieving Significant Diversity Spend and Leading Corporate Responsibility<\/h2>\r\n\r\n\r\n\r\n<p>As of Q3 2024, the organization has achieved 86% in diversity spend. With Q4 orders remaining, 95% of which were ordered through minority-owned dealerships, their total diversity spend will still be trending toward the goal of 83%. In partnership with Wheels, this client not only met its supplier diversity goals but also positioned itself as a leader in corporate responsibility, driving real change through its fleet procurement strategy.<\/p>\r\n\r\n\r\n\r\n<p><\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>An Opportunity to Enhance Supplier Diversity A global leader in the snack industry known for iconic brands such as Oreo, Ritz Crackers, and Wheat Thins, this client set a goal to align its procurement process with its corporate social responsibility goals, placing a strong emphasis on enhancing supplier diversity. In 2023, they entered a competitive [&hellip;]<\/p>\n","protected":false},"author":53,"featured_media":22989232,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"project_category":[24],"project_tag":[],"class_list":["post-4374","project","type-project","status-publish","has-post-thumbnail","hentry","project_category-success-stories","topics-fleet-strategy"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Set to Achieve 83% in Diversity Spend in 2024 | Wheels<\/title>\n<meta name=\"description\" content=\"An Opportunity to Enhance Supplier Diversity A global leader in the snack industry known for iconic brands such as Oreo, Ritz Crackers, and Wheat Thins,\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, 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