Understanding Supplier Diversity: Grange Enterprise Program
Supplier Diversity is a proactive program at Grange Enterprise that encourages minority-owned businesses to participate in sourcing. This initiative, managed by Enterprise Strategic Sourcing, aims to promote diverse suppliers such as Black, Hispanic, women, veterans, LGBT, and non-Caucasian male-owned businesses. The program also highlights the importance of diversity in the supply chain to enhance business opportunities and community impact. Diverse suppliers are classified based on ownership by minorities, women, veterans, or LGBT individuals. William M. Pollard emphasizes the value of doing the right thing and promoting diversity beyond company walls. However, the program enforces strict consequences for misrepresentation by suppliers to maintain integrity.
- Supplier Diversity
- Grange Enterprise
- Minority-owned businesses
- Sourcing initiatives
- Diversity and Inclusion
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Supplier Diversity As of February 1, 2023
What is Supplier Diversity?
Our Supplier Diversity Program Supplier Diversity is a proactive business program which encourages the participation of minority owned business (Black, Hispanic, Women, Veteran, LGBT,Asian, any non-CaucasianMale) in sourcing and buying initiatives. Supplier Diversity is intended to provide opportunities to compete for business for any of the previously stated populationsabove. The Grange Enterprise Supplier Diversity Program is managed by Enterprise Strategic Sourcing and is imbedded within the sourcing process. Enterprise Strategic Sourcing s Mission is to provide services that improve the ease of doing business, advance corporate strategic objectives, manage contractual relationships, minimize risk and enhance profitability. In accomplishing this mission, we recognize the value of a diverse supply base. | 3
What Is A Diverse Supplier? A Diverse Supplier is a business enterprise that is at least 51% owned, operated and controlled by a minority, woman, veteran or LGBT and certified as such by one of the following organizations (or it s regionalaffiliates) Diverse SupplierClassifications Black/African American Hispanic Indian/NativeAmerican Asian Pacific National Minority Supplier Development Council NMSDC Asian Indian Woman Women sBusiness Enterprise National Council WBENC Veteran National Veteran-Owned Business Association Lesbian,Gay, Bisexual, Transgender National Gay & Lesbian Chamber of Commerce(NGLCC) | 4
A Word form William M. Pollard, MBA, CPSD, C.P.M. AVP, Enterprise StrategicSourcing Living the value of do the right thing extends well beyond the walls of our company and into our communities. Supplier Diversity is part of the fabric of who we are at the Grange Enterprise. Providing opportunities for a diverse group of suppliers to share their unique value proposition as they seek to earn our business is not only good for the Grange Enterprise, but it is good for our communities. We strive every single day to become a Diversity and Inclusion Champion in the eyes of ourAgents, Policyholders & Suppliers. | 5
Disclaimer In the event any Supplier begins a business relationship with the Grange Enterprise, and it becomes known to that theSupplier misrepresented itself as a Diverse Supplier, the Grange Enterprise has the right to terminate any and all agreements with such Supplier. Upon such termination, we may leverage any Effects of Termination as stated in the Agreement. In addition, such Supplier agrees to indemnify the Grange Enterprise from any and all claims presented of whatever nature under the Agreement that would not have occurred BUT FOR misrepresentation of Supplier as a Diverse Supplier. | 6
