ADM seeks to identify and tap into the potential of strong, viable minority-owned business enterprises.
ADM continually seeks out diverse suppliers to partner with us as we serve the world’s needs for food, feed and fuel. A strong, diverse supplier base gives us a better understanding of the customers we serve. Our successful Supplier Diversity Program includes:
- Outreach to diverse suppliers
- Internal communication to educate and facilitate suppliers
- Participation in regional and national supplier diversity events and organizations
- Tracking and analysis of diverse spend data
- Regular benchmarking with other Fortune 500 companies to meet and exceed best practice standards
We are pleased to recognize a wide range of diverse businesses, including:
- Minority Business Enterprise (MBE)—A business owned and operated by an African American, Native American (including persons of Native Alaskan or Hawaiian descent), Hispanic American, Asian Pacific American or Asian Indian American
- Woman Business Enterprise (WBE)—A business owned and operated by a woman
- Veteran—A business owned and operated by a veteran of the U.S. Armed Forces.
- Disabled Veteran—A business owned and operated by a veteran of the U.S. Armed Forces who was disabled during their service
- Small Disadvantaged Business—A business owned and operated by a socially and economically disadvantaged individual, as defined by the United States Small Business Administration
- Historically Underutilized Business Zone (HUBzone)—A business located within a historically underutilized business zone, where at least 35% of the business’ workforce are residents of a HUBzone
- SBA 8(a)—A small business certified by the U.S. Small Business Administration as socially and economically disadvantaged
To qualify as a diverse supplier, you must meet specific criteria:
- The business owners are U.S. citizens or legal resident aliens
- The business must be at least 51% owned, controlled and managed by one or more members of the designated group
- The business must be for-profit and physically located in the United States or its trust territories
Diverse businesses should must also be certified by third-party agencies. Our preferred certifying agencies include the list below, as well as other recognized government agencies:
By enhancing supplier diversity, we fulfill customers’ expectations, enhance the efficiency of our operations and—ultimately—deliver shareholder value.