Foodbuy Named a 2019 All-Star of Supplier Diversity by Minority Business News USA Press
Foodbuy Named a 2019 All-Star of Supplier Diversity by Minority Business News USA
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ADVOCATE, MENTOR, EDUCATE

How we spread diversity and grow our partnerships

  • Advocate for Supplier Diversity Efforts Across the Foodservice Industry
  • Mentor Minority and Women-Owned Business Enterprises (MWBEs)
  • Create Sustainable Business Opportunities for Supplier Inclusion
  • Foster Relationships with Diverse Suppliers and Minority Organizations
  • Offer Operational Support Services Driven by Dynamic Product Optimization
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DIVERSE SUPPLIER ACCELERATION PROGRAM

DIVERSE SUPPLIER ACCELERATION PROGRAM

Accelerating the Growth of Women and Minority-Owned Enterprises

Suppliers selected to participate in the accelerator program are assigned a dedicated Foodbuy mentor. The program lasts 12 months, with the first three months devoted to creating development and activation plans, followed by nine months of execution and progress tracking. The mentor serves as the supplier’s primary point of contact throughout the program.

Common Supplier Questions

What documents are necessary to consider suppliers for the approval process?

We encourage suppliers to register in our portal for access to sourceable opportunities.  All suppliers that register with us, are not an automatically approved supplier.  Each supplier will be reviewed.  Suppliers will also need to submit the following documents as part of the review process:

Certificate of Insurance

W-9

Completed QA Assessment

What are the goals for the Foodbuy Supplier Diversity Team?
  • Provide Foodbuy category development managers with resources that help them mentor our current M/WBE partners so that their partnership with us leads to increased business opportunities.
  • Increase the number of diverse suppliers that provide goods and services to our customers by continually meeting with and reviewing business profiles for potential M/WBE suppliers.
  • Educate M/WBE suppliers about what’s required of Foodbuy’s business partners.
  • Ensure that M/WBE businesses are treated fairly in all sourcing and contracting processes by working closely with Foodbuy’s sourcing and category development teams.
  • Educate our members about the availability of M/WBE suppliers to meet their business needs.
  • Track all expenditures and joint revenue generated from diversified suppliers.
  • Advocate for Supplier Diversity efforts across the foodservice industry, and help suppliers network within the foodservice industry.
Is your CEO committed to Supplier Diversity?

CEO Commitment Statement

“Compass Group North American Division views diversity as a fundamental business strategy.”Embrace Diversity” is one of our 5 Global Core Values.  Our Supplier Diversity is committed to the development, utilization, and growth of diverse suppliers.

Our Purchasing Organization, Foodbuy LLC aims to include qualified diverse suppliers in all aspects of the procurement process.  Further, we expect our Major Vendor Partners to use similar inclusive practices in their procurement programs and vendor relationships.”

-Gary Green, CEO Compass Group North America Division

What are the goals and objectives of the Foodbuy Supplier Diversity Program?

Through Foodbuy, Compass has a very active Supplier Diversity Program, with the following objectives:

  • To identify and source business opportunities with capable small, minority, women, disabled, and veteran owned businesses that meet the supplier qualification requirements of Foodbuy and its committed customers
  • To track all expenditures and joint revenue generated from diversified suppliers
  • To provide diverse business owners with access to the purchasing opportunities within Foodbuy.
Whom should I contact if I have questions?

If you have questions regarding the Supplier Diversity Program email supplierrelations@foodbuy.com

Supporting the growth of new suppliers in our sourcing and procurement process

2021-2022 applications will be accepted soon. If you are interested in applying, submit your information and we will reach out when time to apply.

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