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Supplier diversity

Small and diverse businesses have a major impact on the economy. By providing equal opportunities for diversity business enterprises to compete for our business, both Eaton and our communities benefit.

Eaton is committed to continuing to leverage our award-winning supplier diversity strategy to create long-term and sustainable economic impact in the communities in which we live, work and serve.

Rogerio Branco, Executive Vice President, Supply Chain Management

Introduction to supplier diversity

Strategy & objectives

Promoting an environment for diversity businesses to thrive needs a proactive procurement strategy. The mission of supplier diversity at Eaton is to achieve community and economic impact by including diverse companies throughout our supply base.

We strive to build strategic partnerships based on three important pillars: innovation and value; economic inclusion; and business development.

Our supplier diversity team commits to creating a sustainable diverse sourcing strategy by focusing on these objectives:

  • Increase participation of diverse businesses throughout our supply chain.
  • Set and achieve annual diverse spend targets across all areas of spend.
  • Use advanced analytics to conduct benchmarking and continuous improvement.
  • Actively participate in diversity conventions, events and education organizations.

 

Engaging a diverse supply base

Eaton’s combined spending with minority, women and veteran-owned diverse businesses was greater than 33 percent of supplier spending in the U.S. in 2019 with a total of $829 million going to minority, women, and veteran-owned businesses. Collectively, we purchased $1.9 billion of goods and services from small and diverse suppliers in 2019. Eaton purchases with minority-owned firms increased by more than 1.5 percent while purchases with women-owned business grew over 14 percent and purchases with veteran-owned businesses increased more than 9 percent.

Affiliations & certifying agencies

Eaton's award-winning supplier diversity program is a corporate member of the National Minority Supplier Development Council and the Women's Business Enterprise National Council.

Certifying agencies help Eaton in maintaining its third-party verified database of diverse suppliers.

For information about certification, visit:

National Minority Supplier Development Council (NMSDC)

Women Business Enterprise National Council (WBENC)

Small Business Administration (SBA)

National Veteran Owned Business Association (NaVOBA)

National LGBT Chamber of Commerce (NGLCC)

 

How to register

Learn how the diverse supplier program works, who's applicable and register in three simple steps.