Policies
Premier supports, encourages and will facilitate procurement from diversity suppliers for its enterprise purchases, and purchases by Premier Participating Members. Premier also encourages its contracted suppliers to support and procure from diverse suppliers.
Premier shall offer a diverse supplier portfolio that meets or exceeds its members’ supplier diversity expenditure requirements. In the event that Premier's supplier diversity portfolio does not meet the members' needs, Premier’s policy is to recommend to the Group Purchasing Policy Committee (the "Committee") that it grant compliance exemption requests from members in order to enable such members to comply with official, state, local or board imposed supplier diversity covenants. The exemption request is subject to the Committee’s approval and cannot exceed the member’s supplier diversity covenant obligation.
Premier Group Purchasing Services will employ regional agreements, when necessary and legally permissible, to increase Premier's supplier diversity portfolio offering or to assist a contracted supplier in achieving its' Premier supplier diversity target. Premier Group Purchasing Services and Supply Chain Solutions shall proactively consider strategies to sustain members’ current base of diverse suppliers when performing portfolio analysis and product standardization evaluations.
All purchases from diverse suppliers must meet Premier standards for quality, service and competitive pricing. Performance goals supporting use of diverse suppliers will be established annually and accomplishments reported to Premier’s executive team and Premier members.
Richard A. Norling
Chairman and CEO
Effective date: May 4, 2001