This report examines how supplier diversity programs are evolving amid new political, legal, and economic pressures following the 2024 U.S. election. With increased scrutiny and changing federal policies, many companies are rebranding “supplier diversity” as “supplier inclusion” and broadening their focus beyond specific identity groups. Data from Seramount’s 2024 Inclusion Index shows that most companies still set supplier diversity goals, with measurable spending directed to women-, minority-, veteran-, and disability-owned businesses. The report highlights emerging trends—such as aligning supplier inclusion with ESG goals, improving data accuracy, and emphasizing economic impact—while underscoring the need for resilient, community-driven, and transparent procurement strategies.