OUR COMMITMENT TO SUPPLIER DIVERSITY
We actively work with our suppliers to nurture a business environment where a wide range of opinions, ideas, and perspectives are valued. Not only does this create a healthier, more inclusive ecosystem, but a better end product as well. Here’s how we work together with our partners to build and support these initiatives.
Two Diverse Suppliers
As a baseline, each business unit at Logitech must include at least two diverse suppliers in every RFP.
Partners’ Supplier Diversity Plan
Our prime suppliers must also submit a clear supplier diversity action plan. This is a qualifying criteria for any business that wants to work with us.
Shorter Payment Terms
Shorter payment terms grant quick access to payment which in turn improves the cash flow situation for some categories of diverse suppliers.
Advocacy organizations like the National Minority Supplier Development Council, WEConnect International, Women Business National Council, United States Pan Asian American Chamber of Commerce, National LGBT Chamber of Commerce to mention a few, work with us to support the growth and development of diverse suppliers within our ecosystem.
Diverse Supplier Development Program
Create a supplier development program for ethnic minorities, women and other under-represented business groups. We will select through this program 5-10 suppliers each year for whom we will offer advisory services, pilot projects, networking opportunities, and access to capital.