OUR COMMITMENT TO DIVERSITY

Diversity and inclusion is a core value at Cinco and this commitment extends to the supplier community. As a major purchaser of goods and services, Cinco recognizes the tremendous impact it has on the supplier community where it operates and conversely – the supplier community’s impact on the products and services that Cinco delivers.

Our Commitment to Supplier Diversity

At Cinco, we strive to have an inclusive supply chain. Our goal is to advance equality of opportunity globally to businesses owned by women, Aboriginal people, minorities/visible minorities, LGBTQ, people with disabilities, veterans, and service-disabled veterans. By providing equal access to procurement opportunities to qualified suppliers, we enhance the levels of quality, service, and overall value to the organization. We encourage submissions, bids, and proposals from all diverse suppliers.

Cinco also participates in supplier diversity events and conferences that include speaking engagements, panel discussions, webinars, match-maker sessions, and workshops. We lead various mentorship activities which include formal mentoring of certified suppliers and an annual workshop. Furthermore, we have embedded supplier diversity processes into day-to-day procurement activities and continue to incorporate supplier diversity goals into Procurement staff annual performance objectives.

The rationale for a Supplier Diversity Program

Supplier diversity at Cinco is not only about “doing the right thing” and being a responsible corporate citizen. We believe supplier diversity helps Cinco drive business value and by including diverse suppliers in sourcing processes, Cinco gains access to competitive offerings, greater innovation, and culturally diverse business interactions. This, in turn, positions Cinco well to meet the requirements of our diverse customer base and the world we live in.

Partners’ Eligibility

Only qualified diverse suppliers are considered eligible to participate in the Supplier Diversity Program. A diverse supplier is defined as a for-profit enterprise that is 51 percent or more owned, controlled, and managed by person(s) who belong to one of the following groups: Aboriginal people, minority/visible minority, LGBTQ, persons with disabilities, veterans, service disabled veterans and women. Suppliers will need to demonstrate to Cinco that they meet the eligibility requirements specified above.