March 5, 2018

This whitepaper explores how increasing the representation of women in the foodservice distribution industry will boost profitability and competitiveness. Commissioned by IFDA's Women's Leadership Committee, the paper contends that while achieving a more inclusive workforce requires senior leadership to commit time and resources, there is significant return on investment.

Key findings:

  • Gender diversity is associated with increased sales revenue, more customers, and greater relative profits. Companies with the highest representation of women in their top management teams see a higher return on equity than companies with low female representation.
  • ​Gender diversity helps companies connect with an evolving customer base with the number of women-owned restaurants increasing significantly in recent years.  
  • A diversity of perspectives is linked with better decision-making and problem-solving as well as increased innovation and creativity.
  • A commitment to diversity helps with recruitment and retention of the workforce. As a workforce, millennials are the most diverse generation and they value inclusion.
Price: Free. Download the PDF
 

Related Articles

November 1, 2021
IFDA Economic Report - Q4 2021

IFDA Economic Report - Q4 2021

This quarterly report by IFDA and ITR Economics provides macroeconomic trends, detailed information on leading economic and industry indicators, and projections that assist foodservice distributors with strategic business planning. Each report includes exclusive analysis of what the current situation and predictions mean to distributors. Read more

June 16, 2021
The Roadmap to Hiring Top Talent Using a Data-Driven Approach

The Roadmap to Hiring Top Talent Using a Data-Driven Approach

IFDA worked with Carnegie Mellon University’s Master’s of Statistical Practice Program to identify and examine challenges and opportunities in recruiting warehouse and driver positions. Read more

April 12, 2021
2021 IFDA Foodservice Distribution Industry Diversity & Inclusion Report

2021 IFDA Foodservice Distribution Industry Diversity & Inclusion Report

IFDA is committed to providing research, tools and resources that encourage and support foodservice distribution companies as they build more equitable and inclusive workplaces. As part of that effort, IFDA conducted a survey to establish a baseline of companies’ activities and strategies around diversity and inclusion, as well as map workforce demographics. Read more