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Walgreens event stresses vendor diversity
May 5th, 2009
DEERFIELD, Ill. – Walgreen Co. and some of its largest pharmaceutical suppliers recently held a one-day event designed to leverage their relationships with minority- and women-owned businesses.
Walgreens and the suppliers — including Cardinal Health Inc., AmerisourceBergen Corp. and Johnson & Johnson — invited their best-in-class minority- and women-owned business partners to the Power of Alignment Expo at Chicago’s Navy Pier on May 5.
The event was intended to connect each company with potential vendors recommended by their peers.
“We are proud to have gathered such a tremendous group of industry leaders,” said Gleatha Glispie, Walgreens’ director of supplier diversity. “Every sponsor for this event shares a commitment to supporting the economic development of the diverse communities in which we live, work and serve customers and patients every day.”
For many large companies, identifying diverse vendors that have the scale and proven capabilities to meet their needs is often challenging, she noted.
Walgreens believes that through this strategic alliance each partner will have the opportunity to strengthen its supplier portfolio with some of the nation’s best, diverse vendors.
The expo included a presentation from Walgreens senior vice president of pharmacy Kermit Crawford and a panel discussion with the purchasing leadership from four sponsoring companies. Participating businesses had the opportunity to network and share best practices.
“What sets this diversity business model apart is the incredible power of cross-networking,” said Glispie. “Our measure of success for this event is to have each sponsor award new contracts to a participating business this year.”