THE ECONOMIC IMPACT OF CDW’S BUSINESS DIVERSITY PROGRAM IN 2020
WHEN CDW PARTNERS WITH A SMALL OR MINORITY-OWNED BUSINESS, WE’RE INVESTING IN ITS COMMUNITY TOO.
By creating opportunities for our partners to increase their sales revenue, we enable them to invest in their own growth and spend more with other firms in their supply chain.
This creates a powerful multiplier effect, generating jobs, increasing wages, boosting local economies and generating tax revenue, especially in underrepresented and underutilized communities.
Purchases from small and diverse businesses support economic activity at these suppliers and creates a ripple effect of purchases through their supply chain.
Suppliers ramp up staff to support additional sales. This supports jobs at other small and diverse suppliers within their supply chain and communities.
Employees that hold these jobs earn incomes that help support their families and create additional spending in local economies.
Economic activities generate revenues for the government in the form of personal and business taxes. Taxes support government community spending and investment.
ECONOMIC IMPACT CHANNELS
Immediate suppliers who employ people to support their sales
DIRECT IMPACT AT SMALL & DIVERSE SUPPLIERS
CDW spent $2.6 billion with diverse businesses in the U.S. This supported 11,739 jobs and $937 million in wages and benefits.
Lower tier suppliers who also employ people and hire other suppliers
INDIRECT / SUPPLY CHAIN IMPACT
Our diverse partners purchased $816 million in goods and services from their suppliers and supported an additional 5,253 jobs.
INDUCED / COMMUNITY IMPACT
The employees in supported jobs generated $1.1 billion in economic activity and supported 8,324 jobs in their communities.
Employee spending generates sales and jobs at business in their communities