Supplier Diversity

Cook Medical is committed to working with small and diverse businesses that share in the vision of pioneering innovative solutions to enhance patient care worldwide.

At Cook, we believe that it is our responsibility not only to do good business, but to do good while doing it. Our supplier diversity program is just one of the ways we are working to make sure our business practices reflect our commitment to equality and equity.

“When we talk about supplier diversity, it means both how many suppliers we have, and how many of those suppliers have ownership by historically disadvantaged groups. This generates more opportunities for all communities while making our supply chain more resilient. The Supplier Diversity program represents our vision of ‘doing good business while doing good in the world.’”
– Ross Harvey, VP of Global Supply Chain

Who qualifies as a diverse supplier?

A diverse supplier refers to a business that is at least 51% owned and operated by people who are part of traditionally underrepresented or disadvantaged groups.

Supplier diversity classifications included in Cook’s program:

Small Business

A Small Business concern, including its affiliates, which is organized for profit, has a place of business in the United States, is independently owned and operated, is not dominant in the field of operation on a national basis and can further qualify under the criteria concerning the number of employees, average annual receipts, or other criteria as defined by the Small Business Act 3 and relevant regulations promulgated pursuant thereto. (See Code of Federal Regulations, Title 13, Part 121, as amended, which contains detailed industry definitions.)

Woman Owned Small Business

A Small Business concern that is at least 51% owned and controlled by one or more women. (See Code of Federal Regulations, Title 13, Part 121 & Part 127).

Veteran Owned Small Business

A Small Business concern that is at least 51% owned, operated, managed, and controlled by a military veteran. (See Code of Federal Regulations, Title 13, Part 121 & Part 128)

Service Disabled Veteran Owned Small Business

A Small Business concern that is at least 51% owned, operated managed and controlled by a military veteran disabled in the line of duty. (See Code of Federal Regulations, Title 13, Part 121 & Part 128)

Small Disadvantaged Business

A Small Business concern that is at least 51% owned, operated, managed and controlled by one or more individuals who are both socially and economically disadvantaged; for a publicly owned business, at least 51% of its stock must be owned by one or more socially and economically disadvantaged individuals, and must be controlled by one or more such individuals. African Americans, Hispanic Americans, Asian Pacific Americans, Subcontinent Asian Americans, and Native Americans are presumed to qualify. All individuals must have a net worth of less than $750,000, excluding the equity of the business and primary residence. (See Code of Federal Regulations, Title 13, Part 121 & Part 124)

HUBZone Small Business

Small Business that is at least 51% owned and controlled by a US citizen, Community Development Corporation, an agricultural cooperative, an Alaska Native corporation, a Native Hawaiian organization, or an Indian tribe, has a principal office located in a historically underutilized business zone and has at least 35% of its employees living in a HUBZone. (See Code of Federal Regulations, Title 13, Part 121 & Part 126)

Minority Business Enterprise

A business that is at least 51% owned, operated, managed, and controlled by a member of one of the following minority groups: African American, Native American, Asian-Indian American, Asian-Pacific American, or Hispanic American. (See National Minority Supplier Development Council)

Women Business Enterprise

A business that is at least 51% owned, operated, managed, and controlled on a daily basis by one or more women. (See Women’s Business Enterprise National Council)

Veteran Business Enterprise

A business that is at least 51% owned, operated, managed, and controlled on a daily basis by one or more veterans. (See National Veteran Business Development Council)

Lesbian, Gay, Bisexual, Transgender Business Enterprise

A business that is at least 51% owned, operated, managed, and controlled on a daily basis by one or more individuals who identify as a member of the LGBT community. (See National LGBT Chamber of Commerce)

If your business meets the criteria of a diverse business as specified by these definitions and you would like to become a supplier to Cook, please contact Supplier.Diversity@CookMedical.com.