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Definitions
A B
C D E
F G
H I J K L
M
N O P Q R
S T U V
W X Y Z
African-Americans
U.S. citizens having origins in any of the black racial groups of Africa.
Asian-Indian Americans
U.S. citizens whose origins are in India, Pakistan and Bangladesh.
Asian-Pacific Americans
U.S. citizens whose origins are from Japan, China, Taiwan, Korea, Vietnam, Laos, Cambodia,
the Philippines, Samoa, Guam, the U.S. Trust Territories of the Pacific or the Northern Marianas.
Certification
Verification by a qualified, independent third party of a minority- or woman-owned firm's true,
legal ownership, control and operation. Certification is most commonly performed by one of the
44 regional affiliate councils of the National Minority Supplier Development Council or
NMSDC for minority-owned businesses and by the Women's Business Enterprise National Council
(WBENC) for businesses owned by women.
First-Tier Suppliers (Also known as Tier I Suppliers)
Suppliers who sell directly to corporate or other customers.
Hispanics
U.S. citizens of Hispanic heritage from any of the Spanish-speaking areas of Latin America or
the following regions: Mexico, Central America, South America and the Caribbean basin.
Minority Business Enterprise (MBE)
An MBE is a for-profit enterprise, regardless of size, physically located in the United States or its
trust territories and owned, operated and controlled by minority group members. "Minority group members" are United States citizens who are African-Americans, Hispanics, Native Americans, Asian-Pacific Americans
and Asian-Indian Americans. Ownership by minority individuals means the business must be at least 51 percent owned by minority group members. Furthermore, the management and daily business operations are controlled by those minority group members.
Native Americans
Persons who are American Indian, Eskimo, Aleut or Native Hawaiian, and regarded as such by the
community of which the person claims to be a part. Native Americans must be documented members of a North American tribe, band or otherwise organized group of native people who are indigenous to the United States.
Second-Tier Suppliers (Also known as Tier II Suppliers)
Suppliers who sell goods and services to First-Tier suppliers.
Strategic Sourcing
The result of changing purchasing from a transaction-orientated process, (i.e., three bids and a buy)
to an integrated supply chain management process. Strategic sourcing stresses integrated procurement
planning, sourcing, and management. Cross-functional sourcing teams are used to select suppliers for
key products and services that determine the optimal supply chain structure that provides
the lowest total cost of ownership. Supplier diversity is part of the strategic sourcing process.
Supplier Development
Any effort by a buying firm with a supplier to increase the performance and/or capabilities of a supplier and to meet the buying firm's short- and/or long-term supply needs. Supplier development activities may range from an informal supplier evaluation and a request for improved performance to extensive efforts
such as training of the supplier's personnel and, perhaps, investment in the supplier's operations.
Supplier Diversity
A proactive business process that seeks to provide suppliers owned by minorities and women equal access to purchasing opportunities. It promotes supplier participation that reflects the demographics of the consumer marketplace as a means of encouraging economic development.
Woman-owned Business Enterprise (WBEs)
A WBE is a for-profit enterprise, regardless of size, physically located in the United States or its
trust territories and owned, operated and controlled by a woman or women. Ownership by women means the business must be at least 51 percent owned by a woman or women, who control the management and daily operations of the business.
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At Pfizer, our focus on Supplier Diversity defines the way we do business.
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-Dr. Henry A. McKinnell
Jr., Chairman & CEO, Pfizer
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