Supplier Diversity
Are You a Diverse Supplier Interested in Partnering with Stanford Medicine?
âInclusion, Diversity, and Health Equity are essential values, and as such, we view Supplier Diversity as a core element of our sourcing and purchasing work.â
â Quinn McKenna, Chief Operating Officer, Stanford Health Care Administration
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Inclusion, Diversity, and Health Equity (IDHE) are essential values at Stanford Medicine. With our Supplier Diversity Program, we seek to uplift communities through job creation and increased wages where diverse businesses are located. We encourage small and diverse suppliers to participate in bidding opportunities, which allows us to remain competitive for our customers.
Stanford Medicine buys a wide range of products and services from suppliers, including the following major categories:
- Medical & surgical supplies
- Professional services
- Consulting
- Temporary staffing
Stanford Medicine is an active member of the Womenâs Business Enterprise Council Pacific (WWBEC Pacific)Â and Disability:IN. In addition, we report our supplier diversity performance according to guidelines provided by California Department of Health Care Access and Information under the California Hospital Supplier Diversity Report Guidance AB 962. For more information, visit HCAI.
Stanford Medicine recognizes the following diverse business classifications and encourages third-party certification from entities that are 51% or greater owned and controlled.
Minority-Owned Business Enterprise (MBE)
National Minority Supplier Development Council (NMSDC)
Women-Owned Business Enterprise (WBE)
Womenâs Business Enterprise National Council (WBENC)
Disabled-Owned Business Enterprise (DOBE)
Disability:IN
Service-Disabled and Veteran-Owned Business (SD/VOB)
National Veteran Business Development Council (NVBDC)
Lesbian, Gay, Bisexual, Transgender, Queer+ (LGBTQ+) Business Enterprise
National Gay & Lesbian Chamber of Commerce (NGLCC)
Frequently Asked Questions
Stanford Medicine utilizes several approaches to identify certified diverse suppliers that can compete for our opportunities. We leverage organizations that seek to advocate for and to connect diverse suppliers. As corporate members, we have access to databases that supplement our face-to-face interaction at various events. We also search for suppliers who have registered in our supplier database. You can register here.
A certified diverse supplier demonstrates to an independent organization (non-profit, government), that their business is at least 51% independently owned, operated, and managed. In the case of a publicly owned business, at least 51% of the stock must be owned by one or more diverse owners. Eligibility for certification is typically established through a combination of screenings, interviews, and site visits.
Certification is an important tool that authenticates that a supplier is 51% owned, managed and controlled by a qualifying diverse group. We proudly accept the following national certifications: National Minority Supplier Development Council (NMSDC), Womenâs Business Enterprise National Council (WBENC), National LGBTQ+ Chamber of Commerce (NGLCC), NaVOBA (National Veteran Owned Business Association), Disability:In and the US Pan Asian American Chamber of Commerce (USPAACC).
While certification is not required to do business with Stanford Medicine, we strongly recommend certification so that the supplier can become part of our Supplier Diversity program. If a supplier is not certified, we do encourage them to become certified with one of our partner groups.
We accept certifications from organizations that have a process that is rigorous and that is well documented. The certification process must require a supplier to be 51% owned, operated and managed by an individual that is ethnic minority, woman, disabled, veteran or LGBTQ+. The process should include an onsite visit for verification and annual re-certifications. Any agency that meets these standards will be accepted as a viable certification source.
We promote diversity growth in Stanford Medicine's supplier base through the following process:
- Work with sourcing to identify upcoming, non-medical and medical procurement opportunities.
- Identify qualified, diverse suppliers to participate in upcoming procurement opportunities.
- Screen identified diverse suppliers to determine whether a match exists between suppliers' capabilities and business requirements.
- Refer the identified suppliers to sourcing to be included in the request for proposal (RFI) process.
- Based on the information received, sourcing will then review and make a decision to include you in the request for proposal (RFP) process.
First, you must register your company's information in our database. There is no fee associated with registering in our database. You can register here.
Want to know more?
Our team is available to assist you with any additional questions.