Supporting a Diverse Supply Base
We see a wealth of benefits by working with suppliers who reflect the communities we serve. Supplier Diversity helps build customer loyalty, contributes to economic development of communities, and provides the expertise and innovation we need to outperform the competition. That is why we are committed to building a diverse and inclusive supply chain.
General Vendor Requirements
We have a comprehensive supplier sustainability and social accountability assessment processes – to help our suppliers understand our sustainability and social accountability roles, conducting audits and providing feedback identifying opportunities for improvement, that help our suppliers and our company improve their overall environmental performance.
Diverse vendors must go through a certification process by a third-party agency to confirm eligibility for diversity certification. They also need to:
- Demonstrate sales volume, profitability and financial stability in the past three years
- Deliver a comprehensive product or service
- Have a presence in our key markets in the U.S.
- Possess a skilled management team
Examine your company’s product and service offerings and determine if you are most competitive at the local, regional, national or global levels. Reach out to us with your value-added business solution that uniquely qualifies your organization to do business with us.
Interested in Doing Business with Stanley Black and Decker?
Let Us Know Who You Are
To be included in our sourcing events, follows the steps below. When there is a need that matches your commodity, the Supplier Diversity team will contact you directly. Please ensure the contact information you provide is correct.
Get Certified
Multiple nonprofit and governmental agencies offer diverse business certifications. The agencies listed below are preferred.
Disability-Owned Business Enterprise (DOBE)
A business that is (1) at least 51 percent owned by one or more persons with a disability or, in the case of a publicly owned business, at least 51 percent of the shares must be owned by one or more persons with a disability, and (2) whose management and daily business operations are controlled by one or more persons with a disability. A disability refers to a physical and/or mental impairment that substantially limits one or more major life activities. Please refer to Disability:IN for additional detail regarding qualifying disabilities.
LGBT-Owned Business Enterprise (LGBTE)
A business enterprise that is (1) at least 51 percent owned by one or more self-identified LGBT persons or, in the case of a publicly owned business, at least 51 percent of the shares must be owned by one or more LGBT persons, and (2) whose management and daily business operations are controlled by one or more LGBT persons.
National LGBT Chamber of Commerce (NGLCC)
Minority Owned Business Enterprise (MBE)
A business that is (1) at least 51 percent owned by one or more minority individuals or, in the case of a publicly owned business, at least 51 percent of the shares must be owned by one or more minority individuals, and (2) whose management and daily business operations are controlled by one or more minority individuals. A minority group member includes any of the following racial or ethnic groups: Asian, Black, Hispanic or Native American.
National Minority Supplier Development Council (NMSDC)
Service-Disabled Veteran-Owned Business Enterprise (SDVBE)
A business that is (1) at least 51 percent owned by one or more service-disabled veterans (as defined in Title 38 of the U.S. Code of Federal Regulations) or, in the case of a publicly owned business, at least 51 percent of the stock of which is owned by one or more service-disabled veterans and (2) the management and daily business operations of which are controlled by one or more service-disabled veterans.
National Veteran Business Development Council (NVBDC)
National Veteran-Owned Business Association (NaVOBA)
Veteran Owned Business Enterprise (VBE)
A business that is (1) at least 51 percent owned by one or more veterans (as defined in Title 38 of the U.S. Code of Federal Regulations) or, in the case of a publicly owned business, at least 51 percent of the stock of which is owned by one or more veterans and (2) the management and daily business operations of which are controlled by one or more veterans.
National Veteran Business Development Council (NVBDC)
National Veteran-Owned Business Association (NaVOBA)
Women-Owned Business Enterprise (WBE)
A business that is (1) at least 51 percent owned by one or more women or, in the case of a publicly owned business, at least 51 percent of the shares must be owned by one or more women, and (2) whose management and daily business operations are controlled by one or more women.
Women’s Business Enterprise National Council (WBENC)
Small Business Enterprise
Stanley Black and Decker is also committed to providing opportunities for qualified small businesses to become suppliers. When small businesses grow, they drive the economic engine that benefits us all, and often small businesses are best prepared to provide the responsiveness, agility and innovation we seek.
Does your business meet the size or revenue criteria established for your industry by the U.S. Small Business Administration (SBA)? Look up the size standard for your business here. You may be surprised how large your business can be and still meet the SBA guidelines.
Stanley Black and Decker also seeks to work with businesses that are a part of various small business programs and categories (e.g. HUB Zone, 8(a), Small Disadvantaged Businesses, Women-owned Small Businesses, Veteran-owned Small Businesses, Service-disabled Veteran-owned Small Businesses, etc.).
Register Online with Stanley Black and Decker database and make sure to add your certification details:
Completion and submission of this registration form is not a guarantee that you will receive new or expanded business or contracts with Stanley Black & Decker. Your company’s information will be added to our internal database. The timeframes for our sourcing events vary and we will reach out to suppliers as opportunities develop. Questions? Email Supplier_Diversity [at] sbdinc.com (Supplier_Diversity[at]sbdinc[dot]com).
You can also meet us at one of the many events that we attend in support of our Supplier Diversity efforts. Check our calendar of events to see where we will be.