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Supplier Diversity

Speedel works to create mutually beneficial business relationships with diverse suppliers that strengthen the communities in which we operate. 

Building an inclusive environment

We are committed to developing mutually beneficial relationships with small, minority-owned, women-owned, disadvantaged/disabled and LGBTQA business enterprises. The primary goal of Speedel’s Supplier Diversity Program is to provide opportunities to diverse suppliers that satisfy our procurement and contractual standards. Secondarily, it supports our customers in achieving their own corporate diversity goals.

The entire team at Speedel are encouraged to identify and include diverse suppliers and service providers in the procurement process. Diverse suppliers that demonstrate the ability to add value, provide high-quality goods and services that are competitively priced, reliable, and aligned with our strategic business model may be included in our sourcing and procurement process. This policy reflects Speedel’s desire to create opportunity for suppliers to market their products and services to Speedel and to encourage Speedel to offer opportunities to such suppliers.

Responsibilities
Speedel will identify and encourage departments to explore opportunities to identify small, minority-owned, women-owned, disadvantaged/disabled and LGBTQA business enterprises to compete for business and from whom to obtain goods and services whenever possible.

Procedures
Our team will participate with global, national, regional and local initiatives in order to maintain awareness of resources and will encourage diverse suppliers to meet with Speedel associates to review product/service specifications, and review supplier qualifications including licenses, certification, and insurance requirements as appropriate.

Our objectives include:

  • Actively seeking out certified diverse suppliers that can provide competitive, highquality goods and services whose business model is aligned with our business strategy.
  • Ensuring the inclusion of diverse suppliers as a part of our strategic sourcing and procurement processes.
  • Communicating the value of supplier diversity both internally and externally to all stakeholders.
  • Leveraging our supplier diversity results to meet our corporate customers’ supplier diversity requirements.

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