DEI boosts retention in supply chain teams: Report

When diversity, equity and inclusion initiatives are effective, HR professionals report low turnover among their respective companies’ supply chain teams, according to a June report from the Association for Supply Chain Management and the Society for Human Resource Management. 

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Between October and December, 1,442 participants responded to a survey conducted by the groups. Respondents include supply chain manager, supply chain workers and HR professionals. Results were published June 10 in a report titled, “The Power of IE&D in the Supply Chain: Unlocking Resilience and Growth.” 

Key findings from the report: 

  • Seventy-three percent of supply chain managers said their company outperforms competitors when DEI initiatives are effectively implemented. More than three-quarters of HR respondents who reported their company has effective strategies said they experience low turnover, and employees are more likely to recommend the supply chain department as a “great place to work.”
  • The report indicated DEI initiatives are common, though not always effective. Sixty-two percent of supply chain managers said their company has such initiatives, though only 29% rated their company as effective in this realm.
  • Ineffective DEI is tied to higher burnout levels and likelihood to leave the company: Those who feel their company is ineffective at making progress were nearly five times more likely to report feelings of burnout. 

The full report can be found here

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