Supplier Diversity Tracking,
    Monitoring, and Reporting System

    Supplier Diversity TrackingThe 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.

    Diversity Supplier: Qualification Checklist

    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.

    The following groups are classified as minorities:

    • African Americans: U.S. citizens having origins in any of the Black African racial groups.
    • Asian Americans: Asian-Indian: U.S. citizens whose origins are from India, Pakistan and Bangladesh.
    • Asian Pacific: U.S. citizens whose origins are from Japan, China, Indonesia, Malaysia, Taiwan, Korea, Vietnam, Laos, Cambodia, the Philippines, Thailand, Samoa, Guam, the U.S. Trust Territories of the Pacific or the Northern Marianas.
    • Hispanic Americans U.S. Citizens of Spanish culture whose origins Mexico, South or Central America, or the Caribbean Island.
    • Native Americans U.S. Citizens having origins in any of the following: American Indians, Eskimos, Aleuts, Native Hawaiians.
    • GLBT Gay, Lesbian, Bi-sexual, Transgender Owned Business (GLBT). The business must be 51% owned, operated, and controlled by a GLBT business owner certified by The National Gay and Lesbian Chamber of Commerce (NGLCC).
    • VOB Veteran Owned Business (VOB) Owner: Must be able to provide proof of classification. The business must be 51 % unconditionally and directly owned by one or more Veterans or in the case of any publicly owned business, not less than 51% of the stock of the company is owned by one or more Veterans; and the management and daily business operations of the VOB must be controlled by one or more veterans
    • Non-Minority Female Classification: A business enterprise is classified as a woman/women-owned business if the company is at least 51 percent owned, controlled and operated by a woman or women

    Provide proof of certification from one or more of the following organizations or their regional affiliates:

    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

    Does your business meet any of the above criteria?

     

    Supplier Diversity Tracking:

    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:

    •      Create a plan and put it into action