Welcome to the Verizon Supplier Diversity Web Site
At Verizon, Diversity is about cultivating an inclusive organization that reflects the marketplace and the communities we serve. Our Supplier Diversity Program supports providing procurement opportunities to minority, women, veteran and service disabled veteran owned businesses (Diverse Suppliers) and also to small businesses.
Our Supplier Diversity Program has been in existence since we formed our Company, and we have prided ourselves on being a recognized leader in this area. We have a long standing corporate commitment of including Diverse Suppliers in our supply chain. Our mission is to identify certified Diverse Suppliers and drive the growth of diversity spend, while building sustainable value-added business partnerships.
Verizon is a charter member of the Billion Dollar Roundtable, a coalition of 18 corporations that spend more than $1 billion each year with Diverse Suppliers. In 2012, Verizon purchased $5.26 billion in goods and services with Diverse Suppliers, an increase of more than $1.4 billion compared to 2011, bringing our total spending to more than $20 billion over the past five years. As part of our ongoing efforts to assist small businesses, Verizon offers innovative and informative free resources, from webinars featuring leading business experts to the Verizon Small Biz Blog (www.verizon.com/smallbusinessblog) which offers helpful insights to grow profits, increase productivity and improve small businesses.
Verizon recognizes that Diversity is critical to a strong business bottom line. Diverse Suppliers offer the innovative and value-added products and services we need in order to win in a competitive market. While we understand how supplier diversity is essential for our business success, we also appreciate how critical our business is for their success. Our support of diverse businesses helps to fuel economic development for the communities that we and our suppliers serve. Furthermore, through their partnership and support for Verizon’s global services, our diverse suppliers sharpen their ability to compete in global markets.
For more information about supplier registration, please refer to our Frequently Asked Questions.