SUPPLIER DIVERSITY MADE Fastenal’s Supplier Diversity program facilitates the demand for small and/or diverse business advocacy among large corporations, prime contractors, city/state/local government, federal government, and many other organizations. Understanding this demand provides opportunities to small and/or diverse businesses globally. Fastenal has qualified suppliers in every product category to increase opportunities for inclusion throughout our robust offering. 2ND TIER PROGRAM SUPPLYING SOLUTIONS & EXPERTISE This program is not limited to Woman-Owned and Minority-Owned Business Enterprises. We globally support and offer products provided by Small Businesses, Small and Medium Business Enterprises, Small Disadvantaged Businesses, Veteran-Owned and Service Disabled Veteran-Owned Businesses, HUBZone, LGBT Business Enterprise, AbilityOne, Aboriginal and Indian or Tribally-Owned certified businesses. International and Industry recognized programs such as but not limited to NMSDSC’s Global Link are also supported helping us provide solutions around the globe. Looking to measure progress toward your diversity spend goals? Until FAST360 Solutions include custom diversity and green reporting, reporting is available through Fastenal’s Small Business Liaison Officer (SBLO). Our SBLO will review any reporting needs and communicate next steps for those interested in benchmarking inclusion spend. Chances are a percentage of current purchases are already coming from a small/and or diverse business. Sample Company Q1 Tier II Summary Classification Small Business (SBE) Woman-Owned Business (WBE) Minority-Owned Business (MBE) Small Disabled Veteran-Owned Business (SDVOB) Small Veteran-Owned Business (SVOB) Historically Underutilized Business Zone (HUBZone) Small Disadvantaged Business (SDB) 8(A) Disadvantaged Business Enterprise (DBE) LGBT Business Enterprise (LGBTBE) Indian Tribes or Tribally-Owned Total Spend (Incl. Large Bus.) Spend $37,654 $6,180 $4,912 $2,119 $1,002 $371 $325 $177 $113 $112 $101 $216,916 % of Total Spend 16.90% 2.85% 2.26% 0.98% 0.46% 0.17% 0.15% 0.08% 0.05% 0.05% 0.05% 24.00% Sample Company Q1 Tier II Division/Location Division/Location Plant B Location Plant A Location Maintenance Division Fleet Division Office Location Total Spend (Incl. Large Bus.) Spend $23,973.50 $19,073.50 $8,033.00 $696.00 $290.00 $216,916 % of Total Spend 11.05% 8.79% 3.70% 0.32% 0.13% 24.00% Sample Company Q1Tier II Summary $1,002 $325 $2,119 $113 $101 $4,912 $6,180 $371 $112 $177 $37,654 Small Business (SBE) Woman-Owned Business (WBE) Minority-Owned Business (MBE) Small Disabled Veteran-Owned Business (SDVOB) Small Veteran-Owned Business (SVOB) Historically Underutilized Business Zone (HUBZone) Small Disadvantaged Business (SDB) 8(A) Disadvantaged Business Enterprise (DBE) LGBT Business Enterprise (LGBTBE) Indian Tribes or Tribally-Owned
Download PDF file