Wyndham Worldwide achieved significant growth in its spend with diverse suppliers in 2010, adding value to its global supply chain while delivering on its core values.
From linen supply, to equipment purchases, to general contractor and architectural services, Wyndham Worldwide spent 10.3 pervent of its total purchases with diverse suppliers — a 51 percent increase over the previous year, placing the company among the top performers in its industry.
With a wide and growing range of businesses, Wyndham includes Wyndham Hotel Group, Wyndham Exchange & Rentals and Wyndham Vacation Ownership.
"With over 100,000 locations in nearly 100 countries, Wyndham Worldwide works to be a responsible and collaborative corporate citizen both in the United States and around the globe," said Stephen P. Holmes chairman and CEO of Wyndham Worldwide. "Partnering with diverse business owners and investing in the communities where we live and work around the world strengthens our workplace, our performance, and the experience we provide to our guests, customers, and associates."
During the past year, Wyndham Worldwide continued to formalize its supplier diversity program by including diverse suppliers when possible in each request for proposal and bid notice; increasing internal and external awareness of its supplier diversity program; and expanding its supply diversity reach around the globe. The program focuses on nine groups: African-American; Hispanic-American; Asian-American; Native-American; gay, lesbian, bi-sexual and transgendered; women; veteran and disabled-veteran; and disabled-owned businesses.
"Partnering with diverse suppliers brings great value to our supply chain, and helps ensure the products and services we provide meet the equally diverse needs of our customers around the world," said Paul Davis senior VP of strategic sourcing at Wyndham Worldwide. "Internationally, developing relationships with diverse business owners and organizations also supports our growth in emerging markets, generating new ideas and opportunities for business in local communities, and supports the overall strength of the global travel and tourism economy."
Wyndham Worldwide diverse partnerships include:
· Sobel Linen, a Hispanic-owned business based in Las Vegas that is the sole provider for terry cloth and linen throughout Wyndham Worldwide
· Zero Chaos, an African American-owned contingent staffing business based in Orlando
· Software House International, a New Jersey-based Asian American woman-owned supplier of software, hardware, and related services
"Diversity and inclusion are at the heart of the Wyndham Worldwide culture, so it is no surprise that our corporate diversity strategy extends to the suppliers in which we choose to partner," said Jose Nido, VP of global supplier diversity at Wyndham Worldwide. "Our approach is to seamlessly integrate supplier diversity as part of how we do business, and achieving results that add value by reducing costs, improving quality and increasing revenue through cultivating positive relationships within the diverse business community."