Our report shares the commercial imperative for putting a gender lens on all business activities and includes thought-provoking examples of the kinds of opportunities companies may have.
We strongly believe doing business with diverse suppliers is not just a business requirement but a business imperative.
Science can improve health and well-being in so many ways, from the development of everyday convenience healthcare products through to life-saving medicines and vaccinesWe are a science-led global healthcare company with a special purpose: to help people do more, feel better, live longer.In all of our interactions with HCPs we aim to be transparent about our work, operate with integrity, and always put the interests of patients first.We make a wide range of prescription medicines, vaccines and consumer healthcare products.To further help small and diverse businesses market their goods and services to large organizations, we encourage you to visit the following organizations dedicated to serving small and diverse businesses.Keep up to date with our news and recent announcementsGSK actively engages with a diverse group of suppliers to ensure we have an inclusive supply chain that advances and fosters our competitive advantage.Responsible business is how we do business. Our purpose is to help people to do more, feel better, live longer.Examples of goods and services GSK buys.© 2001-2018 GSK group of companies.
As our motto states, “Together….Everybody Wins!” we believe Supplier Diversity is a win-win initiative. A procurement boss at GlaxoSmithKline (GSK) has described how she is transforming the firm’s supplier diversity programme. Therefore, we work diligently to determine key business opportunities to benefit our organization as well as yours.
GSK defines inclusion as the act of engaging and valuing all people and diversity as the sum total of the characteristics and experiences that make each person unique. We utilize a customized database to identify diverse businesses to support GSK’s strategies and targets – from pharmaceutical development to consumer health products.
GSK actively engages with a diverse group of suppliers to ensure we have an inclusive supply chain that advances and fosters our competitive advantage. This is achieved through strategic partnerships with various advocacy organizations. As our motto states, “Together….Everybody Wins!” we believe Supplier Diversity is a win-win initiative. To speed up the contracting process and reduce the volume of paper when issuing purchase orders from certain sites around the world, GSK has developed some simple web-based sets of terms and conditions ("the General Terms & Conditions").
Those who are slow to adopt this approach in the current climate of purpose-led organisations risk being left behind.”GSK is developing KPIs that specifically focus on areas such as job creation and revenue generation within its small and diverse suppliers. Within the report, the 30% Club called on businesses to address the potential “missing millions” of gender-related insights and opportunities which could drive better outcomes for both women and men.
In 2013 we introduced targeted individual and group coaching and sponsorship for emerging talent.
Supplier Diversity at GSK is a business imperative.
The firm has also incorporated supplier development programmes to ensure suppliers are able to grow and build their own capabilities. Contact your system administrator for more information. We utilize a customized database to identify diverse businesses to support GSK’s strategies and targets – from pharmaceutical development to consumer health products. GSK’s efforts to integrate supplier diversity were highlighted in a report by the 30% Club, a group of CEOs committed to better gender balance within businesses, and consultancy PwC. The initiative currently supports ethnic minorities, women, LGBT+, veteran and disability-owned businesses, as well as small businesses. It urged businesses to seek commercial benefits by taking a “more systematic and enterprise-wide approach to gender”, far beyond the traditional focus within HR. Brenda Trenowden, global co-chair of the 30% Club and partner at PwC, said: “To keep driving progress, it is time for the 30% Club to extend its influence beyond representation and pay, and work with businesses to help them address the commercial benefits of gender diversity. “BAP has become the UK’s leading supplier of comparators because of the opportunity provided by GSK,” the 30% Club said. “Companies can boost diversity and inclusion in their supply chain through procurement policies, tender requirements and supporting enterprises set up by members of under-represented communities,” it said.According to the report, GSK believes working with diverse suppliers boosts competition, innovation and market growth. The 30% Club believes there could be greater improvement through increased diversity in supply chains.
Supplier Diversity. Choose your path.The supplier diversity team at GSK works diligently to determine key business opportunities that benefit our organization as well as yours.
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