Sourceone Innovations
SourceOne Innovations is a privately held Bucks County, PA consultancy that builds and enhances corporate supplier diversity programs via its SDiaB online program, consultant-led engagements, and consulting retainers for enterprise customers.
- Company typePrivate
- Founded2000
- HeadquartersChalfont, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Sourceone Innovations does
SourceOne Innovations, Inc. is a privately held U.S. consulting firm headquartered in Bucks County, Pennsylvania, that builds, enhances, and audits corporate supplier diversity programs. The company is led by President Bill Hooker, a 30-year procurement and supplier diversity veteran who previously created and led the supplier diversity program at a multi-national pharmaceutical company, and who co-founded the firm's flagship Supplier Diversity in a Box (SDiaB) methodology. SourceOne sells a packaged online program (SDiaB), a consultant-led custom engagement, and consulting retainers, served to enterprise clients across verticals including banking, financial services, healthcare, pharmaceuticals, manufacturing, construction, real estate, insurance, utilities, food & beverage, higher education, and medical devices.
The firm's core technology is the SDiaB platform: an online, customer-led program comprising seven one-hour virtual seminars with optional office hours, a hosted website and dashboard, spend enrichment, and a bundled library of tools, templates, procedures, and practices. It is underpinned by a patented Workplan methodology for moving supplier diversity programs from inception to completion. SourceOne also offers a Supplier Tier 2 Spend Program aimed at prime suppliers seeking to extend diversity practices down their own supply chains. The firm holds an EcoVadis ESG/sustainability certification and operates without a public mobile app, API, or SDK surface; the public web presence is a Wix-hosted site at bill-hooker.com.
SourceOne makes money through three channels: (1) multi-year, scope-based professional services engagements under its Consultant-Led Program, (2) annual SDiaB subscriptions with one year of consulting, and (3) usage-based consulting retainers sold in block hours. Its go-to-market is direct, enterprise field sales with phone consultations, an email inbox ([email protected]), and a website contact form targeting Fortune 500 and multi-national buyers that need to create, scale, or repair supplier diversity programs and meet growing Tier 2 spend reporting requirements from their own customers.
Sourceone Innovations firmographics
Firmographics- Name
- Sourceone Innovations
- Legal name
- SourceOne Innovations, Inc.
- Website
- https://bill-hooker.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- SourceOne Innovations is a privately held Bucks County, PA consultancy that builds and enhances corporate supplier diversity programs via its SDiaB online program, consultant-led engagements, and consulting retainers for enterprise customers.
- Ownership category
- akta.pro rank
Sourceone Innovations industry classification
Industry- Product category
- Supplier Diversity Consulting Services
- NAICS
- Business Support Services (5614)
- akta.pro primary industry
- Value Chain Development & Supplier Upgrading (BPADAMAI)
- akta.pro secondary industries
- Fair Trade & Ethical Supply Chains (Certification, Traceability, Producer Support) (BPAGALAL), Foundational PM & Delivery Methods (Waterfall/Agile/Hybrid) (EDABAHAA)
Keywords
Where Sourceone Innovations is headquartered
LocationHeadquarters
- HQ city
- Chalfont
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Sourceone Innovations business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Consultant-Led Program: Customized training and consulting services co-led by consultant and appointed supplier diversity lead
- Supplier Diversity in a Box (SDiaB): Customer-led online program with 7 virtual seminars, one-year program consulting, hosted website and dashboard, and spend enrichment
- Consulting Retainers: Block hours purchased for companies with new employees leading existing programs, wanting to enhance programs, or realign program direction
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Consultant-Led Program - Customized training and consulting |
| Subscription | Annual | SDiaB Customer-Led Program - 7 virtual seminars with one-year consulting |
| Usage-based | Pay-as-you-go | Consulting Retainers - Purchase blocks of hours |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Sourceone Innovations product offering
Product offeringCore offering
SourceOne Innovations provides supplier diversity and supplier development consulting services to enterprises, anchored by a patented workplan methodology and a customer-led online/virtual program called Supplier Diversity in a Box (SDiaB). Offerings include consultant-led customized program creation, customer-led SDiaB cohorts with seven virtual seminars plus a hosted dashboard and spend enrichment tools, consulting retainers in block hours, customized flexible consulting, and a dedicated Tier 2 spend program for prime suppliers.
Product overview
SourceOne Innovations offers a suite of supplier diversity and supplier development consulting services centered around three main program approaches: the customer-led Supplier Diversity in a Box (SDiaB) online/virtual program, consultant-led customized training and consulting, and consulting retainers. The SDiaB program provides 7 virtual modules, hosted dashboards, tools, templates, and procedures. The consultant-led approach offers co-led program creation with accountability. Add-on services include customized solutions with flexible consulting hours and a dedicated Tier 2 spend program for prime suppliers.
Differentiator
Problem solved
Functional benefit
Products and services
- Supplier Diversity in a Box (SDiaB) A customer-led online/virtual supplier diversity program for enterprises consisting of 7 one-hour virtual live seminars with optional office hours, one year of program consulting, a hosted website and dashboard, spend enrichment, and all tools, templates, procedures and practices needed to stand up a supplier diversity program.
- Consultant-Led Program Customized training and consulting tailored to a customer's unique needs, where SourceOne consultants co-lead the creation and implementation of a supplier diversity program from beginning to end alongside the client.
- Consulting Retainers Block-hour consulting retainers purchased by enterprises with new employees leading existing supplier diversity programs, or those looking to enhance their program, boost the proficiency of program leadership, and/or realign program direction.
- Customized Solutions Flexible consulting hours and workforce engagement assistance available as a standalone purchase to supplement core supplier diversity programs for enterprise clients.
- Supplier Tier 2 Spend Program A program designed for prime suppliers to build their own supplier diversity programs, develop inclusive supply chains, and expand their suppliers' supplier diversity programs, including a 90-minute virtual supplier webinar covering supplier diversity, third-party diversity certification, and Tier 2 spend reporting requirements.
Quantifiable outcome
- Created fully functional supplier diversity program in 6 months with tremendous first year results and recognition
- +2 more outcomes
Companies that use Sourceone Innovations
Customer profileNamed customers6 records
Segments6 records
Ideal customer profiles2 records
Sourceone Innovations technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Sourceone Innovations partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights4 records
Sourceone Innovations competitors and assessment
Company assessmentDirect peers
- B2Gnow: B2Gnow sells a compliance and supplier diversity management platform used by public agencies and large enterprises to track diversity certification, subcontractor reporting, and Tier 2 spend — the same workflow SourceOne builds through consulting engagements.
- CVM Solutions: CVM Solutions delivers diversity supplier management and procurement consulting, including supplier diversity program design and diverse-spend analytics — comparable services to SourceOne's Consultant-Led and SDiaB programs.
- Supplier.io: Supplier.io provides a SaaS platform for managing supplier diversity programs, diverse spend tracking, and Tier 2 reporting — overlapping directly with SourceOne's SDiaB and Tier 2 spend offerings, but delivered as software rather than consulting.
Broad incumbents
- Accenture: Accenture is a global management consulting and systems integrator with a procurement and sustainability practice that includes supplier diversity program advisory and implementation. It competes for the same enterprise buyer but at a much larger scale.
- Hackett Group: Hackett Group is a procurement and finance consulting firm that advises large enterprises on procurement transformation, including diversity and ESG-oriented sourcing programs — comparable to SourceOne's enterprise consulting engagements.
- APEX Accelerators (formerly PTAC): APEX Accelerators is a DoD-funded network that helps businesses — including diverse suppliers — navigate federal procurement and subcontracting plans. It addresses adjacent training/compliance needs relevant to SourceOne's federal subcontracting clientele.
- Gartner: Gartner publishes widely-used research and advisory on procurement, supplier diversity, and ESG reporting, and its consulting arm engages on supplier diversity strategy — overlapping with SourceOne's advisory content but serving enterprises through subscription research.
Emerging players
- DiverseUp: DiverseUp is an emerging platform that helps enterprises build, manage, and report on supplier diversity programs — directly comparable to SourceOne's SDiaB offering and competing for the same enterprise buyer with a more software-led approach.
- WeConnect International: WeConnect International certifies women-owned businesses and supports corporate supplier diversity initiatives globally — comparable to SourceOne's diversity certification and supplier development work, but on a global, certification-focused basis.
- Loop (supplier diversity platform): Loop is a software platform for managing supplier onboarding, certification, and diverse spend reporting used by enterprise procurement teams — overlapping functionally with the SDiaB dashboard and Tier 2 reporting capabilities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks7 records
Key highlights7 records
Customer concentration
Sourceone Innovations social profiles
Digital presenceSourceone Innovations compliance and trust
Trust signalCompliance1 record
Sourceone Innovations financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sourceone Innovations leadership team
Management profileNumber of profiles
Profiles1 record
Sourceone Innovations funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sourceone Innovations M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sourceone Innovations
What does Sourceone Innovations do?
SourceOne Innovations provides supplier diversity and supplier development consulting services to enterprises, anchored by a patented workplan methodology and a customer-led online/virtual program called Supplier Diversity in a Box (SDiaB). Offerings include consultant-led customized program creation, customer-led SDiaB cohorts with seven virtual seminars plus a hosted dashboard and spend enrichment tools, consulting retainers in block hours, customized flexible consulting, and a dedicated Tier 2 spend program for prime suppliers.
Is Sourceone Innovations a public or private company?
Sourceone Innovations is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Sourceone Innovations founded?
Sourceone Innovations was founded in 2000. It employs 1 to 10 people.
Where is Sourceone Innovations based?
Sourceone Innovations is headquartered in Chalfont, United States, in the North America region.
How does Sourceone Innovations make money?
Three revenue lines are on record. Consultant-Led Program is the primary driver. The others are supplier Diversity in a Box (SDiaB) and consulting Retainers.
Who are Sourceone Innovations's main competitors?
Direct peers on record are B2Gnow, CVM Solutions and Supplier.io. Broad incumbents are Accenture, Hackett Group, APEX Accelerators (formerly PTAC) and Gartner. Emerging players are DiverseUp, WeConnect International and Loop (supplier diversity platform).
Does Sourceone Innovations have an API?
No public API is recorded for Sourceone Innovations.
What industry is Sourceone Innovations in?
Sourceone Innovations's product category is Supplier Diversity Consulting Services. Its primary akta.pro industry code is BPADAMAI, Value Chain Development & Supplier Upgrading, with a secondary code of BPAGALAL, Fair Trade & Ethical Supply Chains (Certification, Traceability, Producer Support). Its NAICS code is 5614.