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Wells Fargo

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Wells Fargo
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Our Product: SERVICE.
Our value~ added:
FINANCIAL ADVICE.
Our competitive advantage:
OUR PEOPLE

Wells Fargo Case Study 2007

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Our Vision Statement

To satisfy all of the customers’ financial needs, help them succeed financially, be known as one of America’s great companies and the number-one financial services provider in each market.

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Our Mission Statement

Wells Fargo is committed to strengthening our company and our communities by proactively seeking minority, women, and disabled – owned suppliers.

To be one of America’s great companies, we strongly believe that Wells Fargo’s suppliers must reflect the diversity of our team members, customers, and communities. We proactively seek to procure goods and services from minority, women, and disabled-owned businesses. Our Supplier Diversity team assists these businesses to access bid and contract opportunities through a combination of:

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Outreach We actively seek to establish relationships with diverse suppliers through business networking, electronic and print communications, and participation in supplier event nationwide.

Certification Support
We encourage and assist suppliers to gain certification of their minority, women, or disabled- owned business status from independent local and national agencies.

Mentoring
The Supplier Diversity team advises and guides diverse suppliers to prepare and position their businesses for maximum access to bid and contract opportunities.

Referral
We actively communicate with minority, women, and disabled-owned suppliers, referring relevant Requests for Proposal and other potential business leads.

Advocacy
Internally, the Supplier Diversity team works to ensure that diverse suppliers are represented and considered by Wells Fargo purchasing managers in all sourcing, contracting and procurement decisions.

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External Audit

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    References: nswers Corporations. 2007. Johnson & Johnson. Retrieved June 27, 2007 from http://www.answers.com/topic/johnson-johnson?cat=biz-finJohnson & Johnson. Global Diversity - It 's All of Us. Retrieved June 30, 2007 fromhttp://www.jnj.com/our_company/diversity/index.htm;jsessionid=EGT3V0ZLGAFE0CQPCCFWU2YKB2IIWTT1Johnson & Johnson (2007). Supplier Diversity Program. Retrieved July 2, 2007 from http:www.jnj.comJohnson & Johnson (2006). Sustainability Report. Retrieved July 4, 2007 from http:www.jnj.comJohnson & Johnson. 1997-2007. Our Company. Retrieved June 26, 2007 fromhttp://www.jnj.com/our_company/index.htmLeading with Diversity - The New York Times. Retrieved June 29, 2007 fromwww.nytimes.com/marketing/jobmarket/diversity/jandj.htmlLukas, P. (2003, April). Johnson & Johnson. FSB: Fortune Small Business. Vol.13, Iss. 3; pg. 91. Retrieved June 26, 2007 from ProQuest database.…

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