Supplier diversity

Our commitment to engaging diverse suppliers supports a resilient supply chain by expanding our footprint, driving greater innovation, and further stimulating the economy. 
A light-skinned person with long brown hair holding a tablet and stylus smiles at a colleague during a meeting in a conference room.
A light-skinned pharmacist holding a pill bottle while reading a sheet of paper at a pharmacy counter. They wear a white lab coat and glasses.
We champion the success of small-, minority-, women-, disabled-, LGBTQ+, and veteran-owned businesses as they play a critical role in the economy and are the source of many innovations that make us a leader in healthcare distribution and related services. 

We continue to make progress on our strategy to expand and increase the inclusion of diverse suppliers across our enterprise.
A dark-skinned pharmacist glances down at something out-of-frame as they work in a pharmacy. They wear a white lab coat and black glasses.
In FY23, our supplier diversity efforts focused on further supporting our customers’ diverse supplier initiatives, building awareness of the importance of Cencora’s supplier diversity program, and continuing our investments in minority-owned enterprises. 

FY23 program highlights 

Identified all diverse suppliers on our ordering platform with a special icon to support customer buying decisions
Partnered with our sourcing leaders to launch a program to track Tier 2 diverse spend
Further embedded supplier diversity into our Marketplace platform, where 65% of the sellers were diverse
Brought together more than 80 current and prospective diverse suppliers at our first Supplier Diversity Summit to discuss opportunities for partnership and growth
Invested $100 million and provided ongoing support to Ariel Investments’ Project Black, connecting Fortune 500 companies with diverse vendors and talent

Making a measurable impact

In FY23, we partnered with a third party to identify the direct, indirect, and community impacts of our $2.3B U.S. spend with over 1,000 small and diverse suppliers. Here is what we discovered.
12,123
jobs supported within our supply chain and in the suppliers’ communities
$999M
cumulative wages earned by employees in jobs supported by our diverse supplier spend
$3.8B
cumulative revenues earned among all businesses impacted by our supplier diversity program
By supporting diverse businesses for our sourcing needs, we can make a bigger impact on underserved communities and further address health inequities. 

Explore more

Two young children laying sprawled out side-by-side in a green lawn. They both have light skin, wear shorts and t-shirts, and have their hands behind their head.

Environmentally aware

A large brown box moving down a conveyor belt inside of a large, bright warehouse factory.

Supply chain and stewardship 

A pharmacist reviewing a paper document with a customer. The pharmacist is on the left and wears a white lab coat and has long brown hair. The customer on the right wears glasses and blue jacket.

Healthy customers and communities