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Supplier Diversity Consulting Services in the US Procurement Price, Data and Insights
Supplier diversity consulting services cater to organizations looking to enhance their procurement and supplier management processes by integrating diverse suppliers, including minority-owned, women-owned, veteran-owned, LGBTQ-owned, and disability-owned businesses. Typical buyers are large corporations, government entities, and educational institutions committed to fostering diversity and inclusion within their supply chains to reflect their customer base better, drive innovation, and comply with regulatory requirements or corporate social responsibility goals.
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What’s included in this market coverage
IBISWorld's research coverage on the Supplier Diversity Consulting Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Supplier Diversity Consulting Services market in the United States includes Program Assessment & Development, Training & Education, Policy & Procedure Design, Supplier Identification & Outreach, Certification Assistance and Strategic Planning. Standard coding in this coverage includes ISIC-702-Management consultancy activities, NACE-70.22-Business And Other Management Consultancy Activities, NAICS-541611-Administrative Management and General Management Consulting Services and UNSPSC-80101505-Corporate objectives or policy development.
What common market terminology is included?
Common market terminology included in the Supplier Diversity Consulting Services procurement coverage includes Environmental, Social, Governance (ESG) (Environmental, Social, and Governance (ESG) are positive social metrics used to evaluate a company's impact and performance in sustainability, social responsibility, and corporate governance.) and Employee Resource Groups (ERG) (Employee Resource Groups (ERG) are voluntary, employee-led groups that foster a diverse, inclusive workplace aligned with organizational mission, values, goals, business practices, and objectives.).
What companies are included as top suppliers?
The top companies covered in the Supplier Diversity Consulting Services procurement report as suppliers are The Hackett Group Inc., The Boston Consulting Group, Bain & Company, Inc., Crowe Global and Supplier Success, LLC.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Supplier Diversity Consulting Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per hour, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Supplier Diversity Consulting Services market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Supplier Diversity Consulting Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Supplier Diversity Consulting Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Supplier Diversity Consulting Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Supplier Diversity Consulting Services?
The 2026 benchmark market price for Supplier Diversity Consulting Services is $178 per hour. Prices have increased at a CAGR of 2.35 from 2023-26.
Who are the top vendors in the Supplier Diversity Consulting Services market?
The top vendors in the Supplier Diversity Consulting Services market include The Hackett Group Inc., The Boston Consulting Group, Bain & Company, Inc., Crowe Global and Supplier Success, LLC.
What industries supply the Supplier Diversity Consulting Services market?
The top industries supplying the Supplier Diversity Consulting Services market are Commercial Real Estate in the US, Real Estate Sales & Brokerage in the US, Computer & Packaged Software Wholesaling in the US, Computer Manufacturing in the US, Software Publishing in the US, Office Stationery Wholesaling in the US and Office Stationery Manufacturing in the US.
What is the supply chain risk for Supplier Diversity Consulting Services?
Low market concentration increases competition and strengthens buyer leverage. The supplier diversity consulting market is highly fragmented, with numerous small and mid-sized firms competing alongside larger management consultancies. This low level of market concentration gives buyers substantial negotiating leverage, as vendors must compete aggressively on pricing, service quality, and program outcomes to win contracts. Buyers can use this environment to secure customized solutions at competitive rates by soliciting multiple bids. The abundance of capable firms also allows buyers to source niche expertise that aligns with specific diversity and inclusion goals.
What factors affect the price of Supplier Diversity Consulting Services?
Experience and expertise in supplier diversity consulting services are critical pricing factors, as firms with a proven track record can command higher fees due to their ability to deliver effective and tailored solutions. For instance, a consultant with extensive experience in developing successful supplier diversity programs may charge a premium compared to a less experienced provider, as clients recognize the value of their insights, established networks, and ability to navigate complex regulatory environments.
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