PARSIPPANY, N.J.—With an eye on both U.S. domestic and global growth, Wyndham Worldwide announced it has again surpassed its annual goals in strengthening the diversity of its global supply chain. The company’s diverse spend in 2012 increased by 19 percent over 2011.
“As one of the world’s largest hospitality companies, diversity is a fundamental part of how we do business in nearly 100 countries,” says Stephen P. Holmes, chairman and chief executive officer, Wyndham Worldwide. “Increasing the diversity of our people, including the vendors we partner with, is especially important as we continue to grow around the world, as it provides us with a rich foundation of perspectives and experiences that benefit our company, our customers, and the communities in which we operate.”
With more than 100,000 locations in nearly 100 countries, Wyndham Worldwide includes Wyndham Hotel Group, the world’s largest hotel company based on number of properties; Wyndham Exchange & Rentals, the world’s largest member-based vacation exchange network and provider of serviced vacation rentals; and Wyndham Vacation Ownership, the world’s largest vacation ownership business.
Mentors Existing & Potential Suppliers
Through its supplier diversity program, Wyndham Worldwide includes diverse suppliers when possible in each request for proposal and bid notice, mentors existing and potential suppliers, builds partnerships with each supplier, increases internal and external awareness of its supplier diversity programs and goals, and expands its supply diversity outreach around the globe.
In the United States, the program focuses on eight groups, including African-American; Hispanic-American; Asian-American; Native-American; lesbian, gay, bi-sexual and transgendered (LGBT); women; veteran and disabled-veteran; and disabled-owned businesses. Globally, Wyndham Worldwide is partnering with such organizations as Minority Supplier Development UK and Minority Supplier Development China which work to connect diverse suppliers with corporations, and WEConnect International, which seeks to empower women business owners to succeed in local and global markets.
“At Wyndham Worldwide, we believe in the power of diversity,” said Paul Davis, senior vice president, Strategic Sourcing, Wyndham Worldwide. “Every day we see immense value and benefit of varied cultures, experiences and perspectives that allow us to best meet our needs as we continue to grow as a global company. Cultivating and expanding diversity throughout the entire company, including our supply partners is one of our core values.”
“As a global business, we aim for our suppliers to be as diverse as the communities we serve,” said Jose Nido, vice president of Global Supplier Diversity, Wyndham Worldwide. “We take pride in knowing that our supplier diversity program includes many successful diverse-owned businesses that make vital contributions directly to our economy while maintaining a culture at our company that combines individual strengths to help promote better business solutions.”
Go to Wyndham Worldwide.