Accelerate the impact of financial inclusion with minority and women owned businesses through increased supplier diversity spend to help improve the health and wellbeing of communities nationally.
AHA continues to enhance reporting processes; integrating diversity goals in the Request For Proposal workflow -including the enhancement of tracking and reporting of addressable spend; enhancing vendor registration experience, revising minority categories on our procurement systems, develop diverse vendor validation processes, expanding the supplier database as well as further develop data points on tracking and reporting spend activity for tier I level/exploring processes for tier II tracking/reporting.
We experienced flat growth peaking at 7.4%, between 2009 and 2014. By 2016, more focused efforts helped spend jump to 10% and experienced a significant growth spurt in 2017 to 14%. Progress also includes tracking of tier II spending, further enhancing the RFP process by tracking its efficiencies/ success rates, selecting a vendor to complete validation of minority ownership certification/database services as well as updating and expanding access to online vendor supplier
Support of minority and women owned businesses provides economic growth and contributes to the health and wellbeing of communities.