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AARP relies on our supply partners for the needed goods and services necessary for us to be effective, impactful and successful in the pursuit of our enterprise goals and objectives. As a social mission organization focused on improving all of the lives of the 50+ and their families in America, it is extremely important to AARP that our supply base reflect all of America.
As the demographics of our country evolve and become increasingly diverse, we also rely on our supply partners to help inform the services and solutions we provide to our members, and the way we advocate for positive social change. It is important to AARP that we have broad and diverse perspectives embedded in our supply chain, which serve as key sources of innovation and insights.
As our CEO, Jo Ann Jenkins, says: “I truly believe that age and experience can expand the possibilities in life for every member of our society. By working together toward a common vision and goal, we can create a nation where all people — of every background, income or social status — can discover their real possibilities for living a life of independence, dignity and purpose. That's why engaging people of all backgrounds and cultures is not only a vital piece of our community strategy, it is also an integral part of our business model.”
Because this is so important to us, we have a formal Supplier Diversity program that is focused on seeking out and engaging the best small and diverse businesses, and matching them with our supply needs. We believe that small and diverse businesses are an often untapped source of talent and ideas, and also a group of entrepreneurs and companies that have historically been underrepresented and face challenges in the marketplace.
AARP desires to be a leader in Supplier Diversity and an active voice in the market to promote greater access for, and use of, small and diverse businesses. As such, we historically spend more than 16% with small and diverse vendors. We also provide accelerated payment terms for our small and diverse supply base to help fund growth and job creation.
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