Supplier Diversity Policy
Businesses owned by African-Americans, Hispanics, Asian, Native Americans, Disabled Veterans, Historically Underutilized Businesses and American Women as well as small businesses account for an increasing segment of U.S. suppliers and equally important, LexisNexis customer base. These businesses must be developed and more fully utilized as suppliers to LexisNexis. An effective Diversity Supplier Program is an essential part of LexisNexis selling success. LexisNexis affirms its policy of increasing purchases from minority, underutilized and women-owned businesses by establishing profitable relationships with these firms. In addition, it is the responsibility of LexisNexis to mentor and when appropriate utilize minority, HUB and women-owned suppliers who have the potential to meet the company’s high standards for quality, cost and delivery.
LexisNexis supports and facilitates the Diversity Supplier Program by:
1. Identifying Minority/Women-Owned Business Suppliers through the Supplier Certification
2. Soliciting bids from Diversity Suppliers whenever possible.
3. Monitoring the utilization of Diversity Suppliers
4. Attending minority trade fairs and business card exchanges sponsored by NMSDC (National Minority
Supplier Development Council) and Affiliated councils to identify and to establish business relationships with
minority businesses.
The basic components of LexisNexis Diversity Supplier Program are:
• Outreach – LexisNexis actively seeks diverse suppliers through minority and business development
organizations and participation in various trade show activities.
• Certification - We verify HUB/WOB status through screening processes.
• Qualification - We review selected business criteria and refer potential suppliers to appropriate purchasers for
consideration.
• Development - We review additional needs of suppliers and explore ways to assist them.
• Utilization – We incorporate diversity considerations into purchasing processes, such as supplier selection and
certification, routine purchases, requests for proposals, and contracts.
Application
Diversity Suppliers interested in doing business with LexisNexis should complete the Potential Supplier Application.
Renewal
Information on Supplier businesses will be maintained in a database for one year from the date of receipt of supplier information. At the end of the period, it will be the Supplier’s responsibility to contact Corporate Purchasing to request that the data be maintained in the database for an additional year. It is also the Supplier’s responsibility to keep LexisNexis informed of any changes in a company’s status and/or contact information.
Assistance with the Program
Corporate Purchasing is your advocate for doing business with LexisNexis. We will make every effort to match your company to the appropriate purchaser within LexisNexis. Corporate Purchasing can be contacted at the following address:
LexisNexis
9443 Springboro Pike
Miamisburg, Ohio 45342
Corporate Purchasing 937-865-6800 ext. 57248