The new program opens the door for small and diverse organizations that have an interest in doing business with the global high-tech materials provider, which has operations throughout the US and Mexico.
“We believe that our supply base should reflect our company values and the diversity of the communities where we live and work. Our supplier diversity program paves the way by giving us a platform to connect with smaller, historically disadvantaged firms that share our passion for sustainability and innovation,” said Stacey Vigliotti, head of business procurement services at Covestro LLC.
That initial connection is made through an online portal, where potential suppliers can register for the opportunity to compete for Covestro’s business. The Supplier Diversity Portal acts as a hub of supplier information, which Covestro will use when considering new vendors for a product or service.
“Through this program, we hope to forge strategic alliances that allow us to better serve our customers, strengthen our culture of innovation and promote the growth of diverse businesses,” said Micah Caporali, supplier diversity manager at Covestro LLC.
“We often look to our suppliers and business partners to bring new ideas and fresh insights to the table. And we believe that everyone should have a seat at that table,” added Haakan Jonsson, president and managing director of Covestro LLC. “By formalizing our commitment to supplier diversity, we aim to build relationships with forward-thinking, collaborative suppliers that want to grow with Covestro.”