All suppliers have to meet high standards of product and service quality as well as specific objectives related to cost quality and delivery.
To be considered for supplier diversity contracts,
Businesses are encouraged to seek certification from one of the following agencies:
National Minority Supplier Development Council
Women's Business Enterprise National Council
Small Business Administration
Association for Service Disabled Veterans
Certification by local and state governments
Americans with Disabilities ADA
The Bottom Line
Supplier contracts with Fortune 500 companies can propel small firms to the next level. Of course, it isn’t easy to win a contract with a big company.
The process requires you to learn how to highlight your skills in a manner that gives the buyer the confidence to deal with you.
However, if you do manage to get your firm on the approved list of suppliers of a giant corporation, it could be the beginning of a new phase of growth for your business.
Give it your best effort, and remember to be patient. If you are successful in winning a contract from a Fortune 500 company, the rewards can be tremendous.
For Details or to find out more call (202) 417-7242 as phone consultations are always FREE*