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BOARD OF REGENTS BRIEFING PAPER 1. AGENDA ITEM TITLE: Supplier Chain Diversity Tier I and Tier II Reports MEETING DATE: March 2, 2018, Cultural Diversity & Title IX Compliance Committee 2. BACKGROUND
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Research the requirements: Familiarize yourself with the specific criteria and documentation required to be considered for supplier diversity tier 2.
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Complete the application form: Fill out the supplier diversity tier 2 application form accurately and completely, ensuring that all required fields are filled.
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Compile supporting documents: Attach all supporting documents as specified in the application guidelines, such as proof of minority or women-owned status, tax forms, and references.
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Who needs supplier diversity tier 2?
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Supplier diversity tier 2 is needed by organizations and businesses that have supplier diversity programs and initiatives in place.
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This can include large corporations, government agencies, educational institutions, and other entities that proactively seek to promote diversity and inclusion in their supply chain.
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By engaging diverse suppliers through tier 2 programs, these organizations aim to create economic opportunities for underrepresented groups and contribute to a more inclusive business environment.
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What is supplier diversity tier 2?
Supplier diversity tier 2 refers to the second level of reporting on diverse suppliers within a company's supply chain.
Who is required to file supplier diversity tier 2?
Companies that have supplier diversity programs in place are required to file supplier diversity tier 2 reports.
How to fill out supplier diversity tier 2?
To fill out supplier diversity tier 2, companies must provide detailed information about their diverse suppliers, including their ownership and certification status.
What is the purpose of supplier diversity tier 2?
The purpose of supplier diversity tier 2 is to track and monitor the utilization of diverse suppliers in a company's supply chain.
What information must be reported on supplier diversity tier 2?
Companies must report on the percentage of total spend that is allocated to diverse suppliers, as well as the specific types of diverse suppliers that are being utilized.
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