Our supplier diversity efforts significantly contribute to the overall success of JPMorgan Chase. We understand the value of having a diverse supplier portfolio and are a recognized market leader in Supplier Diversity. Since 1994, the company has spent over $3.4 billion with over 1000 diverse businesses. Our Supplier Diversity efforts assist diverse suppliers in realizing economic growth and development. We believe that by helping to build a strong and vibrant business community through the utilization and development of certified diverse businesses, we create mutually beneficial business relationships.
The JPMorgan Chase Supplier Diversity Network is comprised of certified diverse businesses that have registered their interest in doing business with us. The Network enables us to be aggressive in our outreach to diverse businesses and proactive in engaging them with internal and external decision makers. Further, it allows us to be strategic in our efforts to build capacity and nurture high-potential diverse entrepreneurs. As an example of our commitment and leadership, in 2001 we were the first corporation to deploy virtual tradeshow/matchmaker technology in the facilitation of buyer/supplier interaction. This effort allowed prospective diverse suppliers to save on travel costs and time away from the office associated with in-person matchmakers we hosted on-site since 1998. We are constantly looking for efficient and effective ways to position high-potential diverse suppliers with our network of decision-makers.
Please select the links below to learn more about our JPMorgan Chase Supplier Diversity Network.
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