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Supplier Diversity Policy :

It shall be the policy of QSolv that diverse suppliers will have an equal opportunity to be included in our strategic sourcing and procurement process. Companies that seek to do business with QSolv must demonstrate the ability to add value, and provide high-quality goods and services that are competitively priced, reliable, and aligned with our superior level of service.

Our objectives include:
  • Actively seeking out certified diverse suppliers that can provide competitive, high-quality goods and services.
  • Ensuring the inclusion of diverse suppliers as a part of our strategic sourcing and procurement process.
  • Communicating the value of supplier diversity both internally and externally to all stakeholders.
  • Leveraging our supplier diversity results to meet our clients supplier diversity requirements.

We will measure our success based upon our ability to attain and exceed these objectives.

Leadership Commitment:

QSolv maintains strong and active relationships with a diverse and highly qualified group of suppliers.

Program Commitment:

QSolv is committed to building a strong Supplier Diversity Program. The foundation of our program consists of internal and external deliverables to help ensure program success for all QSolv stakeholders.

Program Goals:
Type of small business Target percentage of QSolv subcontracts
Minority-owned Five percent
Veteran-owned Three percent
Woman-owned Five percent

Our program focuses on:

Objective Measurements - establishing and meeting company and departmental goals and objectives that support our overall diversity strategy

Tracking and Reporting - monitoring and reporting our progress toward achieving our supplier diversity goals and objectives with a strong emphasis on continuous improvement.
Vendors must report the amount of money spent on behalf of QSolv (Tier 2 direct) with minority-owned, woman-owned, or veteran-owned business enterprises (MWVBE) and small disadvantaged businesses.
Quarterly Tier 2 reports are not required if the vendor qualifies as a small business as defined under the current Small Business Administration Table of Size Standards.

Training and Education - helping to ensure that associates in decision-making positions throughout our organization understand QSolv's supplier diversity principles and commitment.

External Outreach Activities - seeking diverse suppliers through active involvement with small business and minority development organizations, and participation in various trade shows and procurement events.

Communications - educating employees, management, diverse suppliers, and the community-at-large about our supplier diversity program, policies, and achievements.

Second-tier Program - working with our prime suppliers to achieve supplier diversity at multitiered levels within our value chain.

Awards Program and Recognition - highlighting and rewarding the hard work and outstanding efforts of our employees, suppliers, and community partners.

Program Participant Qualifications
To participate in QSolv's Supplier Diversity Program, a business must be at least 51% owned, controlled, and operated by member(s) from one of the following groups:

  • Minority-owned Business Enterprise (MBE)
  • Women-owned Business Enterprise (WBE)
  • Veteran-owned Business Enterprise (VBE)
  • Disabled-owned Business Enterprises (DBE)
  • Small Business Enterprise (SBE)

Certification
To help ensure that our bidding opportunities reach all eligible diverse business enterprises, QSolv works in conjunction with and accepts third-party certification from the following organizations and councils:

  • Affiliates of the National Minority Supplier Development Council (NMSDC)
  • Affiliates of the Women's Business Enterprise National Council (WBENC)
  • Association for Service Disabled Veterans (ASDV)
  • U.S. Small Business Administration (SBA)

To participate in QSolv's Supplier Diversity Program, a company must have a current third-party certification from one of the above organizations

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