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Lenovo recognizes the importance of supplier diversity and is committed to ensuring that it is an integral part of our strategic sourcing and procurement processes. We believe that the success of the organization and society depends on enabling Diverse Business Enterprises, to share in the nation’s economic growth. Our commitment is to maximize Diverse Business Enterprises’ participation through the development of mutually beneficial business relationships with these firms.
“Lenovo’s supplier diversity program builds on our proven commitment to diversity across the company. Maximizing the inclusion of small and diverse suppliers into our sourcing activities will create an increasingly competitive supplier base, which ultimately will ensure the greatest value for Lenovo.”
Gerald Gross, VP – Chief Procurement Office, GSC
Supplier Diversity at a Glance
The aims of Lenovo's Supplier Diversity Program are to expand our diverse supplier base, strengthen economic development, and create a competitive advantage for all involved. Diverse suppliers are a natural part of our business strategy and these suppliers are an integral part of our productivity, quality, service, and innovation. We are committed to maximizing the inclusion of Minority-, Women-, Veteran-, Service Disabled Veteran-, Disabled-, and Lesbian, Gay, Bisexual, and Transgender (LGBT)- owned businesses, as well as businesses located in Historically Underutilized Business Zones (HUBZones) and Small Businesses. We will accomplish this by:
Promoting the sourcing of goods and services from high-performing diverse businesses.
Embedding Supplier Diversity within our corporate culture.
Ensuring compliance with all aspects of Supplier Diversity spend requirements.
Integrating Supplier Diversity in the strategic procurement plans.
Focusing on efficiencies and continuous improvement.
Enhancing the economic vibrancy of the communities we serve.
Maintaining relationships with local, regional, and national Diversity organizations (e.x. NMSDC, WBENC).
Facilitating the training on the philosophy, policies, and methodologies of Supplier Diversity.
Supplier Diversity Results
Small Business Performance (US Gov’t Subcontract Plan Goal: 12.30%)
Q3 + Q4 + Q1 + Q2 (Oct 20 – Sep 21)
Large Business Spend
Small Business Spend
Total Discretionary Spend
% of Total Spend Small
Lenovo
1,527.6
301.5
1,829.1
16.5%
Motorola
485.7
22.4
508.1
4.4%
Total
2,013.3
323.9
2,337.2
13.9%
Diverse Business Performance (Lenovo Diverse Spend Goal: 18.5%)
Q3 + Q4 + Q1 + Q2 (Oct 20 – Sep 21)
Non-Diverse Business Spend
Diverse Business Spend
Total Discretionary Spend
% of Total Spend Diverse
Lenovo
1,359.4
469.8
1,829.1
25.7%
Motorola
436.3
71.7
508.1
14.1%
Total
1,795.7
541.5
2,337.2
23.2%
Program Diversity Qualifications
To qualify as a:
Small business, company must qualify as a small business as defined within the NAICS size standards established by the Small Business Administration. Click here for details.
Woman-Owned business, the business must be at least 51% owned, controlled, and operated by a woman or group of women. A woman owner or female designate must also hold the highest office within the company on a day-to-day basis. The woman managing the day-to-day operations must possess industry expertise.
Minority-Owned business, company must be at least 51% owned, controlled, and operated by one or more U.S. citizens from any of the following ethnic groups: Asian American, Black or African American, Hispanic American, or Native American.
Veteran-Owned business, as defined in section 3(q) of the US Small Business Act (15 U.S.C. 632(q)) and the Small Business Administration’s (SBA’s), the small business must be: (i) at least 51% unconditionally owned by one or more veterans (as defined at 38 U.S.C. 101(2)); or in the case of any publicly owned business, at least 51% of the stock of which is unconditionally owned by one or more veterans; and (ii) whose management and daily business operations are controlled by one or more veterans.
Service-Disabled Veteran-Owned business, as defined in section 3(q) of the US Small Business Act (15 U.S.C. 632(q)) and the Small Business Administration’s (SBA’s) implementing SDVOSBC Program Regulations (13 C.F.R. 125), the small business must be at least 51% owned and controlled by one or more disabled veterans, the home office must be located in the United States and the home office cannot be a branch or subsidiary of a foreign corporation, foreign firm or other foreign based business. A disabled veteran is a veteran of the U.S. Military, Naval or Air service.
HUBZone business, as defined by the US Small Business Administration, the small business must be controlled by a U.S. citizen with a principle office located in a HUBZone. Thirty-Five percent of its employees must also reside in a HUBZone. Click here for details.
Small Disadvantaged-Owned business, a small business concern that is at least 51% owned and controlled by one or more disadvantaged persons. The disadvantaged person must be socially disadvantaged and economically disadvantaged. Click here for details.
Person with Disability-Owned business, company must be at least 51 percent owned, operated, managed, and controlled by individuals with a disability or service-disabled veterans who are either U.S. citizens or lawful permanent residents.
Lesbian, Gay, Bisexual, and/or Transgender (LGBT)-owned business, a company must be a US based business concern which is at least 51% owned, operated, managed and controlled by an LGBT person or persons. Have its principle place of business (headquarters) in the United States.
Send any brochures, diversity certifications, marketing material and/or capabilities statements to
supplierdiversity@lenovo.com.
3
Suppliers will be informed if there is a need for their product and/or service, a Lenovo representative will contact you with information regarding the next steps and other pertinent details.
4
Even if there is no current need, the supplier information will remain in our database for future sourcing opportunities.
Please note: Diverse Supplier Registration only qualifies your company for consideration in the bidding process. It does not guarantee that your company will be awarded business with Lenovo.
Contact
For inquiries about our Supplier Diversity Program, please email