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Supplier Diversity Form - TRW 2025

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The document is a Supplier Diversity Form for TRW Automotive, designed for suppliers to provide information about their company, including certification status, ownership type, annual sales, and product details. It aims to gather data on diverse suppliers such as veteran, minority, and woman-owned businesses to enhance supplier diversity within the automotive industry.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How does a supplier prove their diversity status?

A certified diverse supplier can clearly demonstrate that their business is at least 51% owned, operated, and managed by a diverse person or group of members by presenting a certificate issued by an independent certifying government agency, quasi-government or nongovernmental-organization (NGO).

What is supplier diversity form?

What is supplier diversity? Supplier diversity is a business strategy of incorporating diverse-owned businesses, suppliers and vendors into a companys supply chain and business practices.

What are examples of supplier diversity?

This often involves choosing suppliers that are owned or operated by groups such as women, minorities, LGBTQ+, veterans, disabled communities. To qualify, the supplier needs to have at least 51% ownership from the identified communities.

What is a supplier diversity certificate?

10 steps for building a supplier diversity program Get aligned with the business strategy secure management buy-in. Create a clear definition of who you want to impact. Define the relevant metrics. Establish your baseline. Establish your objectives. Create a corporate supplier diversity policy.

What is the purpose of a supplier diversity program?

Supplier diversity programs are business initiatives designed to include businesses owned by traditionally underrepresented groups in companies supply chains. Effective supplier diversity programs expand supplier bases, improve economic results, and promote high quality goods and services.

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What does a supplier diversity specialist do?

Your responsibilities in this career are to seek out and foster new vendor relationships and seek vendors in previously unexplored categories, such as small businesses, minority-owned businesses, or businesses in a different geographic area from current vendors.