Norfolk, Va.-based Sentara Healthcare has been named Regional Corporation of the Year by the Carolinas-Virginia Minority Suppliers Development Council. The CVMSDC promotes and facilitates business relationships between the public/private sector and certified minority-owned businesses in North and South Carolina and Virginia.
The award recognizes a member company who has evidenced the most commitment to minority business development during the previous year, including the following criteria:
- Commitment to MBE development
- Involvement in CVMSDC
- Specific assistance provided to MBEs
- Encouraging primes to support minority business development
- Increased direct and indirect spend with MBEs
- Demonstrated executive involvement
The executive council, chaired by the VP of Supply Chain, includes the health system’s director of diversity and inclusion, a vice president of government relations and representatives from the real estate and construction divisions to help grow contracts across the spectrum of supply vendors and service providers.
Sentara is an integrated not-for-profit system of 12 hospitals in Virginia and North Carolina, 300+ sites of care and 29,000 employees. The company spends about $3B per year on supply chain.
“We learned from the pandemic that there are local and regional vendors who can compete on quality, price and reliability,” says Jennifer McPherren, Sentara vice president of supply chain. “We want to grow those relationships across our system.
“There are opportunities to invest some of our buying power in the communities where we operate,” McPherren adds. “We are making it easier for smaller vendors to access and navigate our qualifying and bidding process.”
Toward this goal, Sentara provides quarterly education for smaller suppliers to help them respond to requests for proposals and thrive as long-term partners. Sentara joined several advocacy groups, including the CVMSDC, to focus on businesses owned by women, people of color and veterans.
“We appreciate this regional recognition after just a year of membership in CVMSDC,” says Melinda Hancock, Sentara SVP and chief administrative officer, who oversees Supply Chain. “It supports our effort to create a welcoming environment for new business partners that grows jobs, diversity and prosperity in the communities we serve.”
Original source can be found here.
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