engage magazine issue 004 \'07 - Page 29

USA SUpplier DiVerSiTY 29 USA Top - Ten USA continues to lead the way on No. 1: Xerox A long-time supplier-diversity leader, Xerox spends 30 percent of its procurement budget with Tier I minorityand women-owned suppliers. The company also includes ‘gay, lesbian, bisexual and transgender’ (GLBT) suppliers in supplier-diversity tracking, compared with 22 percent for the Top 50 and virtually no other companies nationwide. Xerox also audits its supplier-diversity numbers. Supplier Diversity have the opportunity to participate. They examine all of the businesses with delegated purchasing responsibility and look at their budgets for a year. They do take into account if there is an area where they know there is not a large pool of suppliers and they may exclude that area, but the company says very few areas are excluded. Comerica also integrates supplier-diversity initiatives into its overall corporate-business-plan goals and provides formal external training or mentoring programs for suppliers. In the USA, Supplier Diversity is just plain common sense. DiversityInc, a US based company, has been benchmarking US companies annually for several years on supplier diversity and other diversity strands. Earlier this year, they announced their Top 10 companies for supplier diversity and the reasons why they made the premier list: No. 2: Sempra Energy The California utility spends 19 percent of its procurement budget with Tier I minority- and women-owned suppliers, audits its supplier-diversity numbers and ties procurement compensation to successful supplier-diversity results. No. 4: Hewlett-Packard HP spends 29 percent of its procurement budget with Tier I minority- and womenowned suppliers, audits its supplierdiversity numbers and provides financial assistance for diverse suppliers. No. 3: Comerica The Detroit-based bank spends 33 percent of its procurement budget with Tier I minority- and women-owned suppliers, a staggering amount. They obtain that percentage by calculating opportunity dollars, which include all of the dollars with goods/services in areas where minority and women business enterprises No. 5: Consolidated Edison Company of New York This company spends 14 percent of its procurement budget with Tier I minority- and women-owned suppliers and provides formal external training or mentoring programs for suppliers. ISSUE FOUR 2007 engage | uk