3M is committed to providing small and diverse suppliers equal access to business opportunities. For 3M purposes, a diverse supplier is any supplier who qualifies for one or more of the following classifications: Minority-owned business, Women-owned business, Small Business (including Small Disadvantaged, HUBZone, Woman, and Veteran/Service Disabled Veteran).
3M proactively identifies these suppliers to procure goods and services, strongly encourages the use of diverse suppliers across our Sourcing organization, and proactively reaches out through our involvement with various organizations, including the National Minority Supplier Development Council (NMSDC), Women’s Business Enterprise National Council (WBENC), Metropolitan Economic Development Association (MEDA), Small Business Administration (SBA), and others.
3M establishes goals and regularly tracks the dollar value of goods and services purchased from small businesses and diverse suppliers in concert with goals set annually with the U.S. Federal Government as part of our Subcontracting Plan for Federal Government contracting.
In 2014, 3M spent $1.5 billion dollars with small businesses, representing 27% of our total US domestic spend. We purchased $200 million dollars with diverse suppliers, which represents 3.6% of total US domestic spend.
3M continues to reassess elements of our approach, working across the industry to glean best practices. We remain committed to supporting small business and diverse suppliers and their positive impact on the economic viability of communities.
If you are interested in doing business with 3M, please Introduce Your Company and indicate your diversity classification. This is not a guarantee of future business. You will be contacted by a 3M representative if we find a potential match between your company's capabilities and our business needs.