Supplier Diversity Initiatives

Supplier Diversity Initiatives

Through Supplier Diversity Development, Lilly strives to realize its vision of corporate responsibility, strengthening the communities where we live and work, by positively impacting their economic stability through the growth of small and diverse-owned businesses that anchor these communities.

Internal engagement

Actively engage Lilly procurement and business functions to evaluate small/diverse suppliers and incorporate capable and relevant small/diverse suppliers into the Lilly supply chain

Partnerships with advocacy organizations

Proactively and continuously partner with advocacy organizations to connect with small/diverse suppliers through outreach and mentorship opportunities

Lilly Supplier Day

Lilly routinely hosts Supplier Day events with capable US and Puerto Rico small/diverse suppliers based on the business needs

ISM Supplier Diversity Pharmaceutical Forum (ISM SDPF)

The ISM Supplier Diversity Pharmaceutical Forum (ISM SDPF) is a collaborative group of supplier diversity professionals from more than 20 global or US pharmaceutical companies that dedicate resources to create greater opportunities for small/diverse businesses to serve the pharmaceutical industry. Lilly was instrumental in establishing the forum in the late 1990s. The forum creates a network for its members to openly share small/diverse supplier information, benchmark for best practices and work cooperatively on joint efforts that benefit small/diverse vendors serving the pharmaceutical industry.

Partnership for Supplier Diversity Professionals (PSDP)

The Partnership for Supplier Diversity Professionals (PSDP) is a forum of supplier diversity professionals from major Indiana based corporations/institutions. The forum’s objective is to educate and develop local small/diverse suppliers through benchmarking and best practice sharing.

Mentorship

The Lilly Executive and Protégé Mentor Program is an initiative that launched in April 2016 to help grow and develop Lilly’s relations with small/diverse suppliers. A select number of small/diverse owned companies within the supply chain are selected to participate in the program based on the business needs. Participants learn about industry best practices and Eli Lilly’s methodologies as well as current and future business needs.

Additionally, Lilly provides business education for small/diverse suppliers on an ongoing basis through various mentorship programs offered by advocacy organizations