Supplier diversity metrics and scorecards are tools that help organizations measure supplier diversity in procurement. They track data such as the number of women-owned businesses, minority-owned businesses, veteran-owned businesses, and other diversity identifiers throughout the sourcing process. By analyzing this data, organizations can identify opportunities for greater supplier diversity and ensure equitable treatment of diverse suppliers. With the right scorecard in place, companies can monitor progress over time and ensure that goals are met—ultimately leading to a more level playing field for all suppliers.