The supplier diversity tracking, monitoring, and reporting system works to ensure that companies gain valuable insight into the performance of their diversity programs.
This article explains the supplier diversity categories and certifications accepted into the system. For reference, you will want to keep a scanned copy of the diversity certificate for uploading.
To get started, you will need Insurance Certificates and Product Catalogs if any.
Thank you for your interest in becoming a diversity supplier. By completing the registration form in the supplier diversity tracking system, your information will be entered into our database.
If there is a sourcing opportunity for your industry specific business, you will be contacted to submit additional information.
To qualify for participation in our diverse supplier program, you must meet the following criteria:
A business enterprise is classified as a minority-owned business if the company is at least 51 percent owned, controlled and operated by one or more individuals from a minority group.
U.S. Small Business Administration (SBA 8a) www.sba.gov
National Minority Supplier Development Council (NMSDC) www.nmsdc.org
Women’s Business Enterprise National Council (WBENC) www.wbenc.org
National Women Business Owners Corporation (NWBOC) www.nwboc.org
US Pan Asian American Chamber of Commerce (USPAACC) www.uspaacc.com
National Gay & Lesbian Chamber of Commerce (NGLCC) www.nglcc.org
In the United States, there are many laws that require businesses to be diverse. One of these laws is Executive Order 11246, which requires federal contractors and subcontractors to take affirmative action in recruiting and hiring qualified minorities, females, persons with disabilities, and covered veterans. The law also prohibits discrimination against any person because of race or color.
A recent study by the University of California found that minority-owned firms received just one-third as much from government contracts as non-minority owned firms on average. Supplier diversity can help make a company more competitive while complying with local and national regulations.
Step 1 – Identify the population you want to reach
Step 2 – Create a tracking system for your suppliers
Steps to Successfully Track Supplier Diversity: