Supplier Diversity Initiative
As we serve our customers, we rely on the capabilities and expertise of a diverse supplier network. We believe the development of a diverse supplier base strengthens our products and assists our customers in competing in the global marketplace.
Benefits of Supplier Diversity
The goal of our Supplier Diversity Initiative is to promote a healthy social and economic environment for our company and our small and diverse business partners.
We truly appreciate the benefits that this diversity brings to our company, to the businesses we work with and to the communities we serve:
- Innovative strategy development
- Increased competitive advantage
- Increased competition in sourcing decisions
- Inclusion in the sourcing process
- Provides consumers with the best businesses, materials and services available
- Helps meet the unique needs of local communities
- Increased customer satisfaction
Diverse Supplier Qualification
We consider the following business types in our diverse supplier qualification process:
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MWV Recognized Certification Agencies
The MWV Supplier Diversity Program recognizes prospective suppliers certified by a third-party agency. We recognize state, federal, and national certifications. The three main certifying bodies are:
National Minority Supplier Development Council
www.nmsdc.org
1-212-944-2430
Women Business Enterprise National Council
www.wbenc.org
1-202-872-5515
U.S. Small Business Administration
www.sba.gov
1-800-827-5722
Diverse Supplier Registration
We encourage certified small and diverse businesses to register with us. See Register with Us to learn more about the benefits of registration.
News and Events
Virginia Minority Supplier Development Council (VMSDC)
MWV has joined the ranks of Philip Morris USA, Sun Trust Bank and Genworth Financial as a member of the Board of Directors of the Virginia Minority Supplier Development Council (VMSDC). VMSDC is a leading regional affiliate of the National Minority Supplier Development Council (NMSDC), a network including 39 regional councils across the country and 3,500 corporate members throughout the network, including most Fortune 500 companies. The regional councils certify and match more than 15,000 minority-owned businesses with member corporations who want to purchase goods and services.
Our prominence on the VMSDC Board of Directors advances the current Supplier Diversity Initiative, provides key customer visibility and ensures continued leverage of diverse suppliers in our sourcing processes.
