As an anchor institution imbedded in our communities, we understand the impact of our purchasing practices. We are committed to building a comprehensive and innovative supplier diversity program to align with our mission, vision, and values. In an effort to improve the economic health of the communities we serve, a formal goal has been set to double our 2020 spend with women and minority owned businesses by 2025.
Spectrum Health defines a diverse supplier as a business at least 51% owned, managed, and operated by women or protected minorities: African Americans, Native American, Asians, Individuals with Disabilities, Latinos, LGBTQIA, Pacific Islanders/Native Hawaiian, or Veterans.
To be considered a diverse supplier at Spectrum Health, two requirements must be met:
1) Your organization identifies with one of the below demographics:
- Minority-Owned Enterprise (MBE) that is at least 51 percent owned, controlled, operated, and managed by members of an ethnic/racial minority group.
- Women-Owned Enterprise (WBE) that is at least 51 percent owned, controlled, operated, and managed by one or more women.
- Veteran-Owned Enterprise (VBE) that is at least 51 percent owned, controlled, operated, and managed by U.S. Military Service Veterans.
- Business Enterprise that is at least 51 percent owned, controlled, operated and managed by individuals with disabilities (DBE).
- Lesbian, Gay, Bisexual, Transgendered- Owned Enterprise (LGBTBE) that is at least 51 percent owned, controlled, operated, and managed by members of the LGBTQIA community.
2) You can provide proof of certification via a reputable third-party certification agency. Agencies recognized by Spectrum Health include, but are not limited to, the following:
- National Minority Supplier Development Council (NMSDC) or a regional affiliate council
- Women’s Business Enterprise National Council
- Various state or local government agencies or chambers of commerce
- Small Business Administration – Veteran or Disability Certification
- National LGBT Chamber of commerce or a regional affiliate council
As we continue to mature our supplier diversity program in pursuit of achieving our goals, additional requirements will be expected of our existing supply base. Beginning in 2022, we will require our top 20 tier-I suppliers to submit their tier-II MWBE spend data. In the future, this request may become more extensive to our broader supplier base. Together, we can improve the economic health of our community.
For additional information, please reach out to your dedicated sourcing specialist.