Valeant benefits from having Supplier Diversity Development as an integral part of the purchasing process. We trust that your company also values and prioritizes the inclusion of diverse owned businesses in your purchases, and that you have measures in place to determine your progress in this area.
To qualify as 2nd Tier spend:
- Direct Purchases – This represents the portion of the total price of products/services purchased by your company from diverse suppliers for direct use by Valeant.
- Indirect Purchases – This represents purchases from diverse suppliers by your company that were not specifically in support of Valeant.
Valeant is committed to the maintenance and ongoing assessment necessary to ensure an effective Supplier Diversity Program.