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Supplier Fair - Brands are attending supplier diversity fairs to identify businesses to invest in

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href='https://www.trendhunter.com/pro/category/unique-and-bizarre'>Bizarre</a> <a title='DASHBOARD' class='thh__catLink thh__catLink--mobile' href='https://www.trendhunter.com/dashboard'>DASHBOARD</a> <a title='RESEARCH' class='thh__catLink thh__catLink--mobile' href='https://www.trendhunter.com/trendreports'>RESEARCH</a> <a title='KEYNOTES' class='thh__catLink thh__catLink--mobile' href='https://www.jeremygutsche.com'>KEYNOTES</a> <a title='EVENTS' class='thh__catLink thh__catLink--mobile' href='https://www.futurefestival.com'>EVENTS</a> </div> </div> </div><div class='thh__fixedSpacer'></div><div class='thh__shadowCover'></div> </header> <div class='tpt th__pt' > <div class='th__container'> <a class='tpt__subscribe' href='/trendreports'>SAMPLE CONSUMER INSIGHTS - Subscribe to access 10,746 more</a> <h1 class='tpt__h1'>Supplier Fair</h1> <div class='tpt__inner'> <article class='tpt__left'> <div class='tpt__cont'> <div class='tha__tlSquares'><div class='tha__tlSquare'> <img width=110 height=75 src='https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg' class='thai' data-src='https://cdn.trendhunterstatic.com/phpthumbnails/547/547728/547728_1_230c.jpeg'/> </div><div class='tha__tlSquare'> <img width=110 height=75 src='https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg' class='thai' data-src='https://cdn.trendhunterstatic.com/phpthumbnails/547/547723/547723_1_230c.jpeg'/> </div><div class='tha__tlSquare'> <img width=110 height=75 src='https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg' class='thai' data-src='https://cdn.trendhunterstatic.com/phpthumbnails/547/547727/547727_1_230c.jpeg'/> </div><div class='tha__tlSquare'> <img width=110 height=75 src='https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg' class='thai' data-src='https://cdn.trendhunterstatic.com/phpthumbnails/547/547725/547725_1_230c.jpeg'/> </div></div> <h2 class='tpt__h2'>Brands are attending supplier diversity fairs to identify businesses to invest in</h2> <div class='tpt__body'><b>Trend - </b>Brands are increasingly attending conferences and fairs that promote businesses from diverse suppliers. These events, which typically feature minority-, women-, veteran-, and LGBTQ+-owned companies, foster relationships between large corporations in search of vendors that meet diversity criteria.<br /> <br /> <b>Insight - </b>The demand for inclusive business practices has incentivized many companies to reevaluate their supplier diversity strategies and seek new partnerships from historically disadvantaged communities. To address this, many leadership teams are opting for physical experiences to connect with and better understand the services underrepresented businesses can offer. These companies recognize that their customers desire authenticity and want to see that reflected in the brands they support.</div> <div class='tpt__wq'><span class='tpt__wqLbl'>Workshop Question</span> - How can your brand source certain aspects of its product/service from marginalized communities?</div> <div class='tpt__aSecCont'><div class='tpt__aSec'> <div class='tpt__aSecHeading'>Trend Themes</div> <div class='tpt__aSecItems'><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>1. Supplier Diversity Fairs - </b>Conferences and trade fairs are increasingly spotlighting historically disadvantaged businesses to promote equitable access to market opportunities.</div> </div><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>2. Inclusive Business Practices - </b>Companies are reexamining their sourcing strategies to better reflect their commitment to diversity and meet the growing demand for authentic representation.</div> </div><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>3. Community-centric Networking - </b>Networking events are evolving to become more inclusive, offering minority-owned businesses direct engagement opportunities with large corporations.</div> </div></div> </div><div class='tpt__aSec'> <div class='tpt__aSecHeading'>Industry Implications</div> <div class='tpt__aSecItems'><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>1. Event Planning - </b>The rise in supplier diversity fairs presents opportunities for event planners to create more inclusive and diversity-oriented networking platforms.</div> </div><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>2. Corporate Procurement - </b>Businesses are seeking innovative ways to diversify their supply chains, thus creating demand for procurement specialists who can source and vet diverse suppliers.</div> </div><div class='tpt__aItem'> <div class='tpt__aItemText'><b class='tpt__aItemTitle'>3. Education and Training - </b>Educational institutions are taking the lead in organizing supplier diversity events, highlighting the need for training programs that prepare small businesses to contract with large organizations.</div> </div></div> </div></div> <div class='tpt__data'> <div class='tpt__demos'><div class='thp__demos'> <div class='tha__scoreBox'> <div class='tha__scoreNum'>3.9</div> <div class='tha__scoreLbl'>Score</div> </div> <div class='tha__scoreBars'><div class='tha__scoreLine'><div class='tha__scoreBarLbl'>Popularity</div><div class='tha__scoreBar'><div class='tha__scorePart tha__scorePart--filled' style='width:10%;'></div><div class='tha__scorePart tha__scorePart--empty' style='width:90%'></div></div></div><div class='tha__scoreLine'><div class='tha__scoreBarLbl'>Activity</div><div class='tha__scoreBar'><div class='tha__scorePart tha__scorePart--filled' style='width:8%;'></div><div class='tha__scorePart tha__scorePart--empty' style='width:92%'></div></div></div><div class='tha__scoreLine'><div class='tha__scoreBarLbl'>Freshness</div><div class='tha__scoreBar'><div class='tha__scorePart tha__scorePart--filled' style='width:100%;'></div><div class='tha__scorePart tha__scorePart--empty' style='width:0%'></div></div></div></div> <div class='mapAge__cont'> <div class='demo__ageGender demo__item'> <div class='demo__gender'><span class='demo__male demo__genderBox pngFix'></span><span class='demo__male demo__genderBox pngFix'></span><span class='demo__male demo__genderBox pngFix'></span><span class='demo__male demo__genderBox pngFix'></span><span class='demo__female demo__genderBox pngFix'></span><span class='demo__female demo__genderBox pngFix'></span><span class='demo__female demo__genderBox pngFix'></span><span class='demo__female demo__genderBox pngFix'></span></div> <div class='demo__age'><span class='demo__ageBox demo__baby pngFix'></span><span class='demo__ageBox demo__child pngFix'></span><span style='background-color:#000000' class='demo__ageBox demo__ageBox--on demo__kid pngFix'></span><span style='background-color:#000000' class='demo__ageBox demo__ageBox--on demo__youngAdult pngFix'></span><span style='background-color:#000000' class='demo__ageBox demo__ageBox--on demo__middleAge pngFix'></span><span style='background-color:#000000' class='demo__ageBox demo__ageBox--on demo__senior pngFix'></span></div> </div><div class='demo__map demo__item pngFix' style='background-position-x:-120px;background-position-y:-474px ;background-color:#000000; '></div> </div> <div class='pmt__cont'> <div class='pattern__cont demo__item'><div class='pattern__title'>Patterns</div><a href='/pattern/convergence' title='Convergence' class='pattern pattern__convergence pngFix' ></a><a href='/pattern/divergence' title='Divergence' class='pattern pattern__divergence pngFix' ></a><a href='/pattern/cyclicality' title='Cyclicality' class='pattern pattern__cyclicality pngFix' ></a><a href='/pattern/redirection' title='Redirection' class='pattern pattern__redirection pngFix' ></a><a href='/pattern/reduction' title='Reduction' class='pattern pattern__reduction pngFix' ></a><a href='/pattern/acceleration' title='Acceleration' class='pattern pattern__acceleration pattern--active pngFix' ></a></div> <div class='mt__cont demo__item'><div class='mt__title'>Megatrends</div><a href='/megatrend/tribalism' title='Tribalism' class='mt mt__tribalism pngFix' ></a><a href='/megatrend/catalyzation' title='Catalyzation' class='mt mt__catalyzation pngFix' ></a><a href='/megatrend/authenticity' title='Authenticity' class='mt mt__authenticity pngFix' ></a></div> </div> </div></div> <div class='tpt__stats'> <div class='tpt__statsLeft'> <div class='tpt__statsLine'> <div class='tpt__statsLabel'>4 Featured, 18 Examples:</div> <div class='tpt__statsVal'>1,954 Total Clicks</div> </div> <div class='tpt__statsLine'> <div class='tpt__statsLabel'>Date Range:</div> <div class='tpt__statsVal'>Oct 24 — Oct 24</div> </div> </div> <div class='tpt__statsRight'> <div class='tpt__statsLine'> <div class='tpt__statsLabel'>Trending:</div> <div class='tpt__statsVal'>New and Untested</div> </div> <div class='tpt__statsLine'> <div class='tpt__statsLabel'>Consumer Insight Topics:</div> <div class='tpt__statsVal'><a class='tpt__cat' href='/pro/category/social-trends'>Social Good</a><a class='tpt__cat' href='/pro/category/social-business'>Social Business</a></div> </div> </div> </div> </div> <div class='tpt__iframeCont'> <iframe class='tpt__iframe' src='/ci-bubble.svg?ci=547761&scale=0.8'></iframe> </div> </div> </article> <div class='tpt__right'> <a href='https://www.trendhunter.com/megatrends' class='tha__sbb tha__sbb--tr' > Learn to Hunt Ideas <div class='tha__sbbImg thai thai--bg' style='background-image:url("https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg");' data-src='https://cdn.trendhunterstatic.com/i/2023/learn-to-hunt-ideas-and-trends2.png?auto=webp'></div> </a> <div class='tpt__pl'><h4 class='tpt__h4'>Consumer Insights</h4><a href='/protrends/lgbtq-mentorship' class='tpt__ciLink '>LGBTQ+ Mentorship</a><a href='/protrends/supplier-fair' class='tpt__ciLink tpt__ciLink--selected'>Supplier Fair</a><a href='/protrends/hybrid-supercar1' class='tpt__ciLink '>Hybrid Supercar</a><a href='/protrends/portable-solar1' class='tpt__ciLink '>Portable Solar</a><a href='/protrends/ai-application' class='tpt__ciLink '>AI Application</a><a href='/protrends/gen-z-pickles' class='tpt__ciLink '>Gen Z Pickles</a><a href='/protrends/smart-tag' class='tpt__ciLink '>Smart Tag</a><a href='/protrends/prefabricated-bathroom' class='tpt__ciLink '>Prefabricated Bathroom</a><a href='/protrends/smart-cmms' class='tpt__ciLink '>Smart CMMS</a><a href='/protrends/onthego-chia' class='tpt__ciLink '>On-The-Go Chia</a><a href='/protrends/intimate-regimen' class='tpt__ciLink '>Intimate Regimen</a><a href='/protrends/protein-cereal' class='tpt__ciLink '>Protein Cereal</a><a href='/protrends/micro-luxury1' class='tpt__ciLink '>Micro Luxury</a><a href='/protrends/controlled-impulse' class='tpt__ciLink '>Controlled Impulse</a><a href='/protrends/cargo-etricycle' class='tpt__ciLink '>Cargo E-Tricycle</a><a href='/protrends/bamboo-construction' class='tpt__ciLink '>Bamboo Construction</a><a href='/protrends/eco-thermostat' class='tpt__ciLink '>Eco Thermostat</a><a href='/protrends/ai-mundane' class='tpt__ciLink '>AI Mundane</a><a href='/protrends/vagus-stimulation' class='tpt__ciLink '>Vagus Stimulation</a><a href='/protrends/branded-oral' class='tpt__ciLink '>Branded Oral</a><a href='/protrends/wearable-acupressure' class='tpt__ciLink '>Wearable Acupressure</a><a href='/protrends/recycled-toiletry' class='tpt__ciLink '>Recycled Toiletry</a><a href='/protrends/titanium-brush' class='tpt__ciLink '>Titanium Brush</a><a href='/protrends/ai-analog' class='tpt__ciLink '>AI Analog</a><a href='/protrends/ai-summary' class='tpt__ciLink '>AI Notetaker</a></div> </div> </div> <div class='tpt__relCont'> <h3 class='tpt__h3'>Featured Examples</h3> <div class='tpt__rel'><a data-is='230c' data-id='547728' data-pc='1' href='/trends/supplier-diversity-fair' class='tha__relArticle thar thar--five '> <div class='thar__imgCont'><img width=468 height=150 class='thar__img' alt='Diversifying University Supplier Initiatives' loading='lazy' src='https://cdn.trendhunterstatic.com/phpthumbnails/547/547728/547728_1_230c.jpeg?auto=webp' /></div> <div class='thar__text'> <div class='thar__title1'>Diversifying University Supplier Initiatives</div> <div class='thar__title2'>The Supplier Diversity Fair Aims to Support Locals</div><div class='thar__summary'> Stony Brook University’s Office of Procurement held its annual Supplier Diversity Fair in September in alignment with the new school year; attracting exhibitors, faculty, and staff members. This... <span class='thar__moreLink'>MORE</span> </div> </div><div class='thar__scoreBar'> <div class='thar__scoreBarPart thar__scoreBarPart--filled' style='width:47%;'></div> <div class='thar__scoreBarPart thar__scoreBarPart--empty' style='width:53%'></div> </div> </a><a data-is='230c' data-id='547723' data-pc='1' href='/trends/ladwp' class='tha__relArticle thar thar--five '> <div class='thar__imgCont'><img width=468 height=150 class='thar__img' alt='Diverse Supplier Fairs' loading='lazy' src='https://cdn.trendhunterstatic.com/phpthumbnails/547/547723/547723_1_230c.jpeg?auto=webp' /></div> <div class='thar__text'> <div class='thar__title1'>Diverse Supplier Fairs</div> <div class='thar__title2'>The LADWP Hosts a New Supplier Diversity Fair for Black History Month</div><div class='thar__summary'> The Los Angeles Department of Water and Power (LADWP) is officially hosting a new Supplier Diversity Fair for Los Angeles businesses looking to invest in underrepresented communities. Featuring a... <span class='thar__moreLink'>MORE</span> </div> </div><div class='thar__scoreBar'> <div class='thar__scoreBarPart thar__scoreBarPart--filled' style='width:40%;'></div> <div class='thar__scoreBarPart thar__scoreBarPart--empty' style='width:60%'></div> </div> </a><a data-is='230c' data-id='547727' data-pc='1' href='/trends/hong-kong-disneyland-resort' class='tha__relArticle thar thar--five '> <div class='thar__imgCont'><img width=468 height=150 class='thar__img' alt='Enlightening Supplier-Based Events' loading='lazy' src='https://cdn.trendhunterstatic.com/phpthumbnails/547/547727/547727_1_230c.jpeg?auto=webp' /></div> <div class='thar__text'> <div class='thar__title1'>Enlightening Supplier-Based Events</div> <div class='thar__title2'>Hong Kong Disneyland Resort Unveils a Supplier Diversity Event</div><div class='thar__summary'> Hong Kong Disneyland Resort is investing in small, diverse businesses by hosting its first Supplier Diversity Conference &amp; Expo at the brand&#8217;s dedicated hotel. With over 700 participants... <span class='thar__moreLink'>MORE</span> </div> </div><div class='thar__scoreBar'> <div class='thar__scoreBarPart thar__scoreBarPart--filled' style='width:36%;'></div> <div class='thar__scoreBarPart thar__scoreBarPart--empty' style='width:64%'></div> </div> </a><a data-is='230c' data-id='547725' data-pc='1' href='/trends/penn-state' class='tha__relArticle thar thar--five '> <div class='thar__imgCont'><img width=468 height=150 class='thar__img' alt='Inclusive University Supplier Initiatives' loading='lazy' src='https://cdn.trendhunterstatic.com/phpthumbnails/547/547725/547725_1_230c.jpeg?auto=webp' /></div> <div class='thar__text'> <div class='thar__title1'>Inclusive University Supplier Initiatives</div> <div class='thar__title2'>Penn State is Debuting a Supplier Diversity Trade Fair</div><div class='thar__summary'> Penn State is set to host a Supplier Diversity Trade Fair for businesses located within the university or in its adjacent communities. Participants will have the chance to engage in one-on-one... <span class='thar__moreLink'>MORE</span> </div> </div><div class='thar__scoreBar'> <div class='thar__scoreBarPart thar__scoreBarPart--filled' style='width:34%;'></div> <div class='thar__scoreBarPart thar__scoreBarPart--empty' style='width:66%'></div> </div> </a></div> </div> <div class='tpt__reports'> <h3 class='tpt__h3'>Related Trend Reports & Custom Market Research</h3> <div class='tpt__reportsInner'><a class='tpt__treport' href='https://www.trendreports.com/research/connected-trend-report'> <img class='thai' alt='Connected Trend Report and Connected Market Research' src='https://cdn.trendhunterstatic.com/icons/tha/lazyplaceholder.jpeg' width=200 height=150 data-src='https://www.trendhunter.com/apps/reports/cimage?i=eyJ0MSI6IkNvbm5lY3RlZCIsInQyIjoiVHJlbmQgUmVwb3J0IiwiYSI6W3siaWQiOiIyODcwMjIifSx7ImlkIjoiMjg3MDI4In0seyJpZCI6IjI4NzIzOSJ9LHsiaWQiOiIyOTMwNzMifV19&s=small' /> <noscript> <img alt='Connected Trend Report and 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