If you are already registered, your profile has been received, and if there's any opportunity for your product or service, you will be contacted. Please note that you can and should keep your company's profile updated with current information at all times.
We promote diversity growth in Capital One's supplier base through the following process:
Work with sourcing to identify upcoming, non-production and production procurement opportunities.
Identify qualified, diverse suppliers to participate in upcoming procurement opportunities.
Screen identified diverse suppliers to determine whether a match exists between suppliers' capabilities and business requirements.
Refer the identified suppliers to sourcing to be included in the request for information (RFI) process.
Based on the information received, sourcing will then review and make a decision to include you in the request for proposal (RFP) process. This process will allow you to view in detail the scope of the project and submit a bid for work.
We will go through a screening process with a representative of your company to determine whether a match exists between capabilities and business requirements. If a match exists, we will host a meeting between your company and the commodity manager for your product/service. If we determine your company's capabilities are aligned with our business requirements, your company will be invited to competitively bid for a business award.
Capital One believes that suppliers who are diverse or suppliers who subcontract work to diverse suppliers are a great asset to Capital One. Capital One's Second Tier Suppliers are subcontractors and/or suppliers used by a Capital One preferred supplier to provide products and/or services under their Capital One contract. Currently, Capital One suppliers are required to provide quarterly reports to Capital One that specify total dollars paid to diverse suppliers as Second Tier.
No. Registration provides us with your company's vital information so that we can match your company to potential opportunities. You will be contacted should an opportunity become available which matches your company's product or service offering.
If your company has not been contacted for a potential procurement opportunity, either the opportunity has not yet occurred, we do not have a need for the product/service your company provides, or a match between your company's product/service and our procurement needs has not been identified.
Diversity is a key aspect of how Capital One does business, and diverse suppliers are an important component of our diversity management model. Capital One is committed to having a supply base that is reflective of our diverse customer base. We rely on the contributions of businesses that are owned by individuals of diverse backgrounds in order to deliver the best products, with the greatest value, to an increasingly diverse marketplace. Diverse suppliers that deliver effective product and service solutions have a positive impact on our customer relationships, the business community and the population at large.