Walmart | Supplier diversity

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Walmart | Supplier diversity

Walmart | Global Responsibility Report 2016 Highlight
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.@Walmart is commited to supplier diversity spending $12.1 billion with over 3,300 diverse suppliers in U.S. markets http://bit.ly/2ayR6Ze

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Since the launch of the Women’s Sourcing Goal, we have sourced an additional $10.9 billion in tier 2 indirect spend with diverse suppliers from FY13 through FY16.

Summary

As featured in the Walmart | Global Responsibility Report 2016

In FY16 in our U.S. markets, we spent $12.1 billion with more than 3,300 diverse suppliers – representing about 8 percent of our suppliers – and an additional $2.6 billion through second tier spending. 

Tuesday, August 9, 2016 - 8:30am

CAMPAIGN: Walmart | Creating Economic Opportunity

CONTENT: Multimedia with summary

Strengthening Supplier Diversity
As a global retailer, we see firsthand the astonishing diversity that exists between our stores located in different countries. We see it in our supply chain as well, and we believe we’re at our best when we promote that diversity for the benefit of our customers. Diversity among our suppliers not only allows us to broaden the range of products and services we bring to the communities we serve, but also helps us tailor product lines to the local tastes of a given store or region. In this way, we’re able to create a more inclusive and resilient supply chain, where we source from and support the economic growth of suppliers both large and small, especially those owned by minorities, women, U.S. Veterans and people with disabilities.

Annual Supplier Summit
Each year, our U.S. Manufacturing Supplier Summit allows our suppliers and buyers to come together for dialogue and building relationships, while also promoting diversity. The summit seeks to:

  • Advance dialogue between diverse businesses and internal stakeholders 
  • Help potential suppliers understand our Every Day Lost Cost and Every Day Low Price strategy
  • Provide opportunities for suppliers to present their products to our buyers
  • Expose our buyers to the insights, innovation and expertise of diverse suppliers
  • Strengthen the impact of diverse businesses in the communities we serve

Collaboration
We support and collaborate with leading organizations that advocate for diversity-owned businesses. These organizations include:

  • National Minority Supplier Development Council
  • Women’s Business Enterprise National Council
  • U.S. Pan Asian American Chamber of Commerce
  • USBLN Disability Supplier Diversity Program
  • WEConnect International
  • Department of Veterans Affairs Center for Veterans Enterprise

Learn more about Walmart's commitment to increasing supplier diversity & spending with diverse-owned businesses

 

Keywords: Innovation & Technology | Diversity & Inclusion | Global Responsibility Report 2016 | Positive Change | Walmart

CAMPAIGN: Walmart | Creating Economic Opportunity

CONTENT: Multimedia with summary