Bowdoin is committed to addressing issues of diversity, equity, and inclusion. This work extends to the suppliers the College chooses to do business with.
A diverse supplier is a business that is at least 51% owned and operated by an individual or group that is part of a traditionally underrepresented or underserved group. Common classifications are minority-owned enterprises (MBEs) and woman-owned enterprises (WBEs). Over time, the definition of diversity has expanded to businesses owned by other minority groups such as LGBQT, veterans, and proprietors with disabilities.
An inclusive procurement strategy expands the pool of potential suppliers and promotes competition in the supply base, which can improve product quality and drive down costs. Inclusive procurement can also deliver economic benefits and opportunities for disadvantaged communities.