SUPPLIER DIVERSITY
Our success—and the success of American society at large—depends on all people sharing our nation's economic growth through open opportunities and fair competition. The Wachovia Supplier Diversity process was created to increase the amount of goods and services purchased from businesses owned and operated by minorities and women.
Our Vision
Our vision is to institutionalize Supplier Diversity in all contracting and procurement initiatives within the corporation to enhance the growth and development of Minority and Woman-Owned Business Enterprises.
Our Mission
To integrate and implement a measurable quality Supplier Diversity process into all purchasing activities that supports Global Supply Chain, Procurement and all Lines of Business.
Our Objectives
- Promote sourcing of services and goods from high-performing minority- and women-owned businesses.
- Assist minority- and women-owned businesses in becoming competitive performance leaders in their industries.
- Enhance the economic vibrancy of the communities served by Wachovia.
- Provide focus on diversity as a competitive asset in a performance-based business environment.
- Monitor program effectiveness and provide feedback.
- Help focus our efforts toward critical business issues represented by customer requirements.
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