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A Guide to supplier Diversity Program of the New York Power AuthorityTable of Contents
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How to fill out supplier diversity program
How to fill out supplier diversity program
01
Step 1: Research and understand the supplier diversity program requirements and goals set by your organization.
02
Step 2: Identify diverse suppliers who meet the criteria outlined in the program guidelines.
03
Step 3: Contact the potential diverse suppliers and request the necessary documentation to evaluate their eligibility.
04
Step 4: Review the supplier's documentation and evaluate their capabilities, quality standards, and financial stability.
05
Step 5: Assess the potential diverse supplier's track record and reputation in the industry.
06
Step 6: Request quotes or proposals from the diverse suppliers for the goods or services your organization requires.
07
Step 7: Compare the quotes or proposals from diverse suppliers to those from non-diverse suppliers.
08
Step 8: Make an informed decision based on the quality, price, and capability of the diverse suppliers.
09
Step 9: Communicate with the chosen diverse supplier and negotiate terms and conditions of the contract.
10
Step 10: Continuously monitor the diverse supplier's performance and provide feedback for improvement.
Who needs supplier diversity program?
01
Companies or organizations committed to promoting diversity and inclusion in their supply chain.
02
Government agencies or entities that have supplier diversity requirements as part of their regulations or policies.
03
Large corporations that aim to meet supplier diversity goals and develop mutually beneficial relationships with diverse suppliers.
04
Small businesses or startups looking to partner with diverse suppliers for growth and business expansion opportunities.
05
Industries where underrepresented groups have historically faced barriers to access business opportunities, such as minority-owned businesses, women-owned businesses, veteran-owned businesses, and disadvantaged businesses.
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What is supplier diversity program?
Supplier diversity program is a proactive business program which encourages the use of minority, women, veteran, and LGBTQ-owned businesses as suppliers.
Who is required to file supplier diversity program?
Large corporations and government agencies are typically required to file supplier diversity programs.
How to fill out supplier diversity program?
You can fill out a supplier diversity program by collecting data on your suppliers and their diversity statuses, and reporting it to the appropriate organization.
What is the purpose of supplier diversity program?
The purpose of supplier diversity program is to promote economic development and equal opportunity by increasing procurement from diverse suppliers.
What information must be reported on supplier diversity program?
Information such as the diversity status of suppliers, amount of procurement from diverse suppliers, and efforts to increase supplier diversity must be reported on a supplier diversity program.
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