PARSIPPANY, N.J.—Wyndham Worldwide has been ranked by DiversityInc as one of the top 10 companies (#5) for supplier diversity, and exceeded its 2011 goals in strengthening the diversity of its global supply chain and delivering on its core values. With total diverse spending at more than 15 percent of its overall purchases, Wyndham Worldwide increased spending with diverse suppliers by 49 percent compared to the previous year.
“While we are proud of our 2011 results, we do not view diversity as something to be achieved, but rather as an important part of our culture as a global company operating in nearly 100 countries,” said Stephen P. Holmes, chairman and CEO of Wyndham Worldwide. “By continually increasing the diversity of our people, including the vendors we partner with, we add great value to our business, and the experience we provide our customers around the world.”
With a wide range of global hospitality brands, Wyndham Worldwide includes Wyndham Hotel Group, the world’s largest hotel company based on number of properties; Wyndham Exchange & Rentals, the world’s largest member-based vacation exchange network and marketer of serviced vacation rentals; and Wyndham Vacation Ownership, the world’s largest vacation ownership business.
Eight Supplier Groups Targeted
During the past three years, Wyndham Worldwide has continued to formalize its supplier diversity program; by including diverse suppliers when possible in each request for proposal and bid notice; mentoring existing and potential suppliers; building partnerships one supplier at a time; increasing internal and external awareness of its supplier diversity program; and expanding its supply diversity outreach around the globe. The program focuses on eight groups: African-American; Hispanic-American; Asian-American; Native-American; gay, lesbian, bi-sexual and transgendered; women; veteran and disabled-veteran; and disabled-owned businesses.
“Increasing diversity throughout our entire company, including our supply partners, is the right thing for us as a global corporate citizen, but also the right thing for our business,” said Paul Davis, senior vice president, Strategic Sourcing at Wyndham Worldwide. “By supporting a rich diversity in our suppliers, we see great benefits in the expanded variety of experience, knowledge, and ideas that allow us to best meet our needs as we grow across six continents.”
“The diversity of our suppliers is a natural reflection of our diversity as a global company,” said Jose Nido, vice president of Global Supplier Diversity at Wyndham Worldwide. “We take pride in maintaining a culture where diverse suppliers are not only welcomed, but highly valued as part of our strategic growth.”
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