Diversity: Supplier Diversity

A diverse base of high-quality suppliers strengthens our ability to carry out our Mission to alleviate pain, restore health, and extend lives. A diverse supply chain, focused on the highest standards of quality, helps us connect with our patients, physicians, and communities as we work to improve lives.

We identify eligible suppliers in the purchasing process and counsel them on our procurement procedures. We also provide opportunities for suppliers to enhance their skills to help increase their participation potential – not only at Medtronic, but also with other purchasing entities.

Our Supplier Diversity program encompasses the following classifications. Follow the links for definitions of the classifications.

Supplier Registration

We identify diverse suppliers through purchasing organizations, supplier directories/databases, participation in trade shows, and the Medtronic Supplier Registration Portal (MSRP), which provides our internal buyers with online access to detailed supplier capability profiles. This dynamic portal enables our buyers to integrate supplier diversity into the normal procurement process. For portal registration information, contact us at rs.supplierdiversity@medtronic.com.

To register in our portal, potential suppliers must have a D&B® D-U-N-S® Number, the industry standard for business listings.

In addition, Medtronic purchasing personnel also use the SBA Dynamic Small Business Search database to identify small business sources. This database is part of the US Government’s Central Contractor Registration (CCR). We recommend registration in CCR to increase visibility to both government entities and corporations.

Supplier Certification

Small business size standards are defined by the SBA based on the North American Industry Classification System (NAICS). See the SBA Table of Small Business Size Standards.

All small businesses must register in CCR and our MSRP (see details above). If you wish to be considered as a Small Disadvantaged Business or a HUBZone small business, you must be certified through the SBA. To learn about eligibility requirements for these programs and how to become certified, please visit the SBA site or HUBZone site.

Minority-owned businesses must have a current certification through a regional council of the National Minority Supplier Development Council. Women-owned businesses must obtain certification through a local Women Business Enterprise National Council affiliate or a governmental agency.

Veteran and Service-Disabled Veteran owned businesses must be registered with the Center for Veterans Enterprise.

Note that certifications are not to be considered as a guarantee of conducting business with Medtronic. Supplier selection is based on several factors, including pricing, delivery capabilities, service, innovation, etc.

DEFINITIONS

Historically Underutilized Business Zone Small Business (HUBZone), administered by the US Small Business Administration (SBA), was created to stimulate economic development and create jobs in urban and rural communities. HUBZone-certified small businesses receive federal-contracting preferences. The SBA certifies HUBZone status to eligible businesses. HUBZone status can be verified on the HUBZone home page or the SBA Dynamic Small Business Search.

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Minority Business Enterprise (MBE), a business that is at least 51% owned, controlled, and operated by a minority group with member(s) of one of the following ethnicities: African American, Asian-Indian American, Asian-Pacific American, Hispanic American, Native American.

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Service-Disabled Veteran-Owned Small Business (SDVOSB), a small business concern that is 51% owned and controlled by a service-disabled veteran(s).

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Small Business (SB), a firm, including its affiliates, which is independently owned and operated, is not dominant in its field of operation, and qualifies as a small business under the criteria and size standards in 13 CFR part 121 (see FAR 19.102).

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Small Disadvantaged Business (SDB), a small business concern that is at least 51% owned and controlled by one or more individuals who are both socially and economically disadvantaged; for a publicly owned business, at least 51% of its stock must be owned by one or more socially and economically disadvantaged individuals and must be controlled by one or more such individuals. African Americans, Hispanic Americans, Asian Pacific Americans, Subcontinent Asian Americans, and Native Americans are presumed to qualify. Other individuals of non-designated groups can qualify if they show by a "preponderance of the evidence" that they are disadvantaged. All individuals must have a net worth of less than $750,000, excluding the equity of the business and primary residence. Successful applicants must also meet applicable size standards for small businesses in their industry. For further definition see http://www.sba.gov/sdb/.
NOTE: The 8(a) Business Development Program is a 9-year business development program for socially and economically disadvantaged concerns. 8(a) contractors are certified as SDB for federal contracting purposes, and are listed in Small Business Administration’s (SBA) on-line directory. 8(a) program graduates maintain SDB certification status 3 years from last SBA review.

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Veteran-Owned Small Business (VOSB), a small business concern that is at least 51% owned and controlled by a veteran or group of veterans.

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Women Business Enterprise (WBE), a business that is at least 51% owned, controlled, and operated by one or more women.

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Woman-Owned Small Business (WOSB), a small business concern that is at least 51% owned and controlled by one or more women.

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Last updated: 5 Aug 2008

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