Strategic Sourcing and Vendor Management
We view procurement as a key function that creates value for our company, our clients and our communities. With this in mind, we have instituted procurement technology solutions and best practices that provide visibility into and control of our spending. The key to the whole process, however, is you – the supplier. So our main focus is finding and retaining the best suppliers.
We believe in building relationships with our suppliers.
We are also committed to promoting business opportunities for certified minority, woman and disabled veteran business enterprises.
Thank you for being a member of our team.
Diverse Supplier Identification
CoreLogic maintains an internal supplier database and an external reference tool to identify diverse suppliers for potential procurement opportunities. We require third-party certification for suppliers to be included in the database as a diverse supplier. If you qualify as a diverse supplier, please ensure that your company is certified as a diverse supplier by a third-party before soliciting CoreLogic (see "Certification Requirements").
Since we also use other diverse databases when searching for suppliers, we recommend candidates also register with databases at one or more of the following organizations:
To take advantage of the CoreLogic Supplier Diversity Program, suppliers must comply with the following certification requirements.
The following definitions are overviews of each category. For more detail, please visit the National Minority Supplier Development Council, the Women's Business Enterprise National Council and the U.S. Small Business Administration. We choose our diverse suppliers from the following categories:
Minority Business Enterprise (MBE)
A minority business enterprise is a U.S.-based business concern (a) which is at least 51 percent owned by minorities, or in the case of any publicly owned business, at least 51 percent of that business' stock is owned by one or more minorities; and (b) whose management and daily business operations are controlled by one or more of the minority individuals who own it. Minority persons include African-Americans, Hispanics, Asian-Pacific Americans, Asian-Indian Americans and Native Americans.
Woman Business Enterprise (WBE)
A woman business enterprise is a U.S.-based business concern (a) which is at least 51 percent owned by women, or in the case of any publicly owned business, at least 51 percent of that business' stock is owned by one or more women; and (b) whose management and daily business operations are controlled by one or more of the women who own it.
Small Business Concern (SB)
A small business concern is defined as pursuant to Section 3 of the Small Business Act and relevant regulations promulgated pursuant thereto. Generally, this means a small business concern organized for profit, which is independently owned and operated, is not dominant in the field of operations in which it is bidding, and meets the size standards as prescribed in government regulations.
Small Disadvantaged Business (SDB)
A small disadvantaged business is a small business concern (a) which is at least 51 percent owned by one or more socially and economically disadvantaged individuals, or in the case of a publicly owned business, at least 51 percent of that business' stock is owned by one or more socially and economically disadvantaged individuals; and (b) whose management and daily business operations are controlled by one or more of the socially and economically disadvantaged individuals who own it.
Woman-Owned Small Business (WOSB)
A woman-owned small business is a small business concern (a) which is at least 51 percent owned by one or more women, or in the case of a publicly owned business, at least 51 percent of that business' stock is owned by one or more women; and (b) whose management and daily business operations are controlled by one or more women.
Veteran-Owned Small Business (VOSB)
A veteran-owned small business (VOSB) is a business (a) which is not less than 51 percent owned by one or more veterans, or in the case of any publicly owned business, not less than 51 percent of the stock of which is owned by one or more veterans; and (b) the management and daily business operations of which are controlled by one or more veterans. The term "veteran" has the meaning defined in 38 U.S.C. 101.
Service-Disabled Veteran-Owned Small Business (DVBE)
Means a small business that: (i) is at least 51% unconditionally owned by one or more service-disabled veterans (as defined at 38 U.S.C. 101(2), with a disability that is service connected, as defined in 38 U.S.C. 101(16)); or in the case of any publicly owned business, at least 51% of the stock of which is unconditionally owned by one or more service-disabled veterans; and (ii) whose management and daily business operations are controlled by one or more service-disabled veterans or, in the case of a veteran with permanent and severe disability, the spouse or permanent caregiver of such veteran.
Historically Underutilized Business Zone (HUBZone) Small Business Concern
This program is based on the geographical area where your business is located and where 35 percent of your employees reside. The company must be small, located in a HUBZone, owned and controlled by one or more U.S. citizen(s), and at least 35 percent of its employees must reside in a HUBZone.
CoreLogic is committed to promoting and facilitating the solicitation and introduction of diverse businesses to CoreLogic's procurement processes, with the objective of providing diverse suppliers equal access to potential procurement opportunities.
CoreLogic conducts competitive bidding for production and non-production goods and services through a Request for Proposal (RFP) process, and qualified diverse suppliers have the opportunity to submit competitive bids.
Diverse Supplier Evaluation
Diverse businesses that meet CoreLogic's procurement specifications and standards of excellence have an opportunity to do business with CoreLogic in delivering quality products and services to CoreLogic and its customers.
Some of the qualities we look for in our suppliers are:
- Understanding of CoreLogic's business
- Cost competitiveness
- Proven track record and references
- Good financial standing
- Quality products and services
- Best overall value
- Excellent customer service and follow through
- Ability to conduct business electronically, e.g. via e-mail and internet
- Innovation and continuous improvement
- Value Added capabilities
- Ability to grow with CoreLogic
- Core competency in supplier's line of business
- Technological capabilities
- Diverse supplier certification by a third-party:
(See Qualifications: Supplier Diversity Classifications and Definitions)
For insight and details about supplier diversity, click on a link below:
- Small Business Administration
- National Minority Supplier Development Council
- SBA HUBZONE Empowerment Contracting Program
- Minority Business Development Agency
- General Services Administration
- Association for Service Disabled Veterans
- Women's Business Enterprise National Council
- North American Industry Classification System
Frequently Asked Questions
Where can I learn about CoreLogic purchase order terms and conditions?
How does CoreLogic define diverse suppliers that are included in their Supplier Diversity Program?
CoreLogic defines a diverse supplier as a U.S.-based, for-profit enterprise (public or private) that is certified (by a third-party) as a diverse supplier. See Diverse Supplier Classification Definitions.
What are your minimum requirements to be considered as a new diverse supplier?
In addition to having the appropriate certifications and other capabilities required for all suppliers, diverse suppliers must be certified by their local regional office of the National Minority Supplier Development Council (NMSDC), women-owned suppliers by a regional office of the Women's Business Enterprise National Council (WBENC) and/or Small Business through the Small Business Administration (SBA). Links to their websites can be found in our Helpful Links tab.
How does CoreLogic Supplier Diversity work within CoreLogic's procurement process?
We promote diversification of CoreLogic's supplier base through the following process:
- Work with Business Unit Leads, procurement professional and internal customers to identify upcoming procurement opportunities.
- Identify qualified, diverse suppliers to participate in upcoming procurement opportunities.
- Screen identified diverse suppliers to determine if a match exists between suppliers' capabilities and business requirements.
What are the next steps once CoreLogic Procurement contacts my company regarding a potential procurement opportunity?
If your company is selected as a potential supplier, we will go through a screening process with a representative of your company to determine if a match exists between capabilities and business requirements. 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.
May I directly contact the business unit lead, procurement professional or internal customers for a particular procurement opportunity?
CoreLogic Procurement works directly with business unit lead or internal customers to determine procurement opportunities and to introduce qualified & certified diverse suppliers into the procurement process.
What resources are available for more information about diverse businesses?
See Helpful Links tab.