Indigenous businesses provide services across South West WA as varied as cultural experiences, plumbing, professional services and health services.
The opportunities for Indigenous businesses in WA are currently growing, thanks to the WA Aboriginal Procurement Policy (APP). This policy requires government agencies to award a minimum of two per cent of contracts to registered Aboriginal businesses in the 2019-2020 financial year. Similar policies are in place in NSW, Qld and nationally.
These policies support increased opportunity for Indigenous businesses, create employment, build capacity in local communities, and strengthen the diversity of suppliers operating businesses and offering services. A diverse supplier base is important because it promotes innovation, provides multiple procurement channels for goods and services, and actively helps to build the capacity of a diverse range of suppliers.
IPS Management Consultants were proud to be recognised as Certified Supplier of the Year by Supply Nation in 2018 and 2019. We do a lot of work in this space, from the development, review and implementation of Reconciliation Action Plans for businesses across the country, to capacity building for Indigenous businesses. This year our Managing Director Kristal Kinsela-Christie wrote the first book to be published on Supplier Diversity in Australia. Supplier Diversity How is a step by step guide for government and corporate buyers looking at procuring Indigenous business, and is rapidly becoming a popular title around the country.
Kristal explains Supplier Diversity in the first paragraph of the book as follows:
Supplier Diversity is plain common sense.
Why wouldn't you want to use your procurement spend or purchasing power to buy a quality product or service, enact social change and have a positive impact on the lives of Indigenous people at the same time?
Indigenous Business Month is important to IPS Management Consultants, and to the Indigenous business community as a whole, because it recognises the breadth and depth of Indigenous business around Australia and the incredible benefits supplier diversity has to the economy and the community.