Supplier Diversity is a business strategy that ensures a diverse supplier base in the procurement of goods and services. Fifth Third Bank seeks to acquire high-quality goods and services that are competitively priced, reliable, and aligned with our commitment to excellence from a qualified, financially sound, and diverse supplier base; that provides minority-owned (MBE), women-owned (WBE), veteran-owned (VOB) and other small businesses, with the opportunity to compete for the Bank’s business on a fair and equal basis. Data shows that companies who embrace diversity are more profitable than companies who do not.
Contributors: Fifth Third BankCategories: 2016 Sept 27 - Cincinnati, Regional Roundtable
SRC Type: Sourcing Management, Third Party Management