How Google Procurement works with Diverse Suppliers
Google’s approach is to make diversity, equity and inclusion a part of everything the company does, and that includes how they procure goods and services, and the suppliers they choose to partner and collaborate with. Their Supplier Diversity Programme has been helping to provide access, investment and development for diverse businesses in their supply network.
Key Milestones in Google’s Supplier Diversity Programme
2020
Google announced its intention to accelerate supplier diversity, starting with a public goal to spend $1 billion with diverse-owned suppliers and $100 million with Black-owned suppliers in the U.S.
2021
Google surpassed its milestone by spending nearly $1.5 billion with certified diverse-owned businesses and over $133 million with Black-owned businesses in the US.
2022
Google set a goal to grow spend with diverse suppliers to $2.5 billion. It is also expanding the Supplier Diversity program globally.
What are the benefits for supplier diversity?
For suppliers that are eligible for the programme, Google offer various benefits to aid their business.
- Diverse Supplier Accelerated Payments Program - Google does its best to pay eligible diverse suppliers within 15 days of invoice approval
- Diverse Supplier Certification Access Program - financial and administrative support to become a certified-diverse business
- Access to additional coaching, mentorship and growth opportunities
“True progress means historically underrepresented businesses have increased access to equitable opportunities that grow their businesses. We will continue our work to drive positive social and business impact,” said Chief Procurement Officer Jennifer Moceri in a blog post on the subject.
“We want to help build an inclusive economy that works for everyone. This extends within our company, and accounts for the economic impact that we can have when we buy goods and services. That’s why we’re providing access, development and investment in diverse-owned companies through our supplier diversity program.”
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