Lyft Supply Chain Equity
Creating an economically equitable supply chain to help suppliers scale and grow.
Lyft’s Supply Chain Equity program aims to provide opportunity and support to Underrepresented & Diverse Businesses particularly Historically Underutilized Businesses. Lyft will achieve this by growing its network, spend and strategic relationships with Small, Minority, Woman, LGBTQ, Veteran, and Disabled-owned Businesses.
Who we are
At Lyft, we believe everyone who interacts with our business (team members, riders, drivers, partners, and suppliers) should have an experience that reflects our brand and our commitment to making transportation more accessible. As an organization, we strive to remove barriers and provide access to opportunities through welcoming Underrepresented & Diverse Suppliers regardless of certification status in our supplier inclusion efforts and metrics. We invite you to check back often to see how we are helping our stakeholders create the changes they want to see today.
Industry leader in closing the 333 year racial wealth gap by 2036.
Create an economically equitable supply chain that enables suppliers to scale and grow.
- Articulate the value of a robust Intentional Supply Chain Equity business strategy that is both meaningful and measurable.
- Enable targeted group suppliers to compete for sourcing opportunities in an equitable manner.
- Facilitate a healthy, fact-based dialogue between Lyft and external interest groups.
In order to deliver the value the Lyft brand promises customers, it requires tremendous discipline, exacting standards, and high expectations. For more than a decade, Lyft has been helping organizations worldwide with transportation needs.
We realize our enterprise has many approaches to a diverse supply base. Some of our business needs require large, global companies for national or worldwide deals. Other times we can leverage small, local vendors that can meet special needs. Interested in doing business with us? Learn more about the supply chain equity groups Lyft recognizes.
What is a Diverse Business?
A company qualifies as a Diverse Business if they are certified as at least 51% owned, operated and controlled by one of these groups: Minority, Woman, LGBTQ, Disability, Veteran, Service Disabled Veteran. A Small Business does not count as a Diverse Business unless they meet the aforementioned qualifications. Some examples of certifying organizations for Diverse Businesses are:
- Affiliates of the National Minority Supplier Development Council (NMSDC)
- Affiliates of the Women's Business Enterprise National Council (WBENC)
- National Gay & Lesbian Chamber of Commerce (NGLCC)
- National Veteran-Owned Business Association (NaVOBA)
What is a Small Business?
A company qualifies as a Small Business if they meet the North American Industry Classification Systems (NAICS) standards for Small Businesses. Some examples of certifying organizations for Small Businesses are:
- Small Disadvantaged Business (SDB)
- Federal HUBZone (HUBZN) - requires certification by the Small Business Administration (SBA)
- Veteran-Owned Small Business (VOSB)
- Service Disabled Veteran-owned Small Business (SDVOB)
- Women-Owned Small Business (WOSB)
What is a Historically Underutilized Business?
A company level diversity certification that is generally issued by a State Government to increase the amount of goods and services acquired by that state from HUBs. The program is in place to help businesses that are at least 51% owned by minorities such as Black, Hispanic, Asian-American, American Indian, Female or a Socially and Economically Disadvantaged person, Disabled-Owned or a Disabled Business Enterprise gain exposure to state procurement and contracting opportunities.
What is Supply Chain Equity (SCE)?
Learn more about the SCE Playbook
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