Supporting Diversity and Inclusion through Relocation

In the contemporary corporate landscape, diversity and inclusion (D&I) are pivotal to fostering innovative and dynamic workplaces. At NuCompass, we recognize that our relocation programs can play a significant role in supporting these efforts. By embedding diversity and inclusion into our supplier selection process and prioritizing veteran-owned and diverse suppliers, we ensure that our operations not only enhance business efficiency but also contribute to broader societal equity.

NuCompass as a Veteran-Owned Businesses

As a certified veteran-owned business, NuCompass understands the importance of supporting other MWDBE (Minority, Woman, and Disabled Business Enterprises) and veteran-owned businesses. Veterans bring a unique set of skills and experiences to the business world, and by including them in our supplier network, we leverage their capabilities while contributing to their post-service success. Our policies ensure that veteran-owned businesses are recognized and given priority in our supplier selection process, further enhancing our commitment to inclusion and diversity.

Commitment to Supplier Diversity

NuCompass is dedicated to promoting diversity through our comprehensive Supplier Diversity Policy. Our policy is designed to ensure that minority, woman, disabled, and veteran-owned businesses are actively included in our supplier selection process. By committing to allocate a minimum of 10% of our referral orders to these diverse suppliers, we help bridge disparities in the business sector and advance economic opportunities for underrepresented groups.

A diversity supplier includes businesses that are at least 51% owned, operated, and controlled by one or more individuals from minority, woman, disabled, or disabled veteran categories. These businesses are not only essential in fulfilling our operational needs but also in driving economic growth within their communities.

Supplier Selection and Performance Management

NuCompass employs a meticulous supplier selection and performance management process to uphold our commitment to diversity. During the supplier bid process, we ensure that Requests for Proposals include requirements for MWDBE status and supporting certifications. The diversity status of a supplier is a crucial consideration in all bid evaluations, ensuring that diverse suppliers are given ample opportunities to participate.

Transactional supplier selection is equally rigorous. Our supplier management team actively searches our existing database for suppliers that meet our diversity criteria and continuously seek additional diversity suppliers through external searches. All potential suppliers must demonstrate their ability to meet established performance metrics, guaranteeing that quality and efficiency are never compromised.

Performance management is integral to our supplier diversity strategy as well. We review program results in two key areas: diversity spend and performance management reports. The diversity spend report monitors our progress in achieving diversity targets, reflecting the total payments to diverse suppliers and ensuring transparency. The performance management report highlights the results of diversity suppliers, encouraging their continued usage and integration into our relocation programs.

Enhancing Diversity and Inclusion through Technology

NuCompass’ proprietary technology platforms, CoPilot® and CoPilot Express™, play a crucial role in managing and tracking our supplier diversity efforts. Our CoPilot systems not only streamline the relocation process but also support our diversity initiatives by providing detailed analytics and reporting capabilities. Through CoPilot, we can efficiently manage supplier certifications, track diversity spend, and ensure that all supplier transactions align with our diversity goals.

Key Takeaways

At NuCompass, diversity and inclusion are not mere buzzwords but fundamental components of our operational ethos. By prioritizing supplier diversity and supporting veteran-owned businesses, we ensure that our relocation programs contribute positively to the broader goal of societal equity. Our Supplier Diversity Policy and the robust processes that underpin it are testament to our commitment to creating an inclusive and equitable business environment. As we continue to support our clients and their employees, we remain dedicated to fostering diversity and inclusion in every aspect of our operations.

About NuCompass

NuCompass Mobility is a veteran-owned, independent mobility management company, offering a comprehensive range of global mobility and U.S. domestic relocation services. For more information about how NuCompass and our CoPilot® or CoPilot Express™ platforms can support your global mobility needs, visit www.nucompass.com/solutions/technology today!