In an exclusive opportunity for LALCC members, the “How to do Business with CVS” on-line webinar provided insightful information for Latino and women owned businesses who are looking to expand their bottom line by working with CVS Health and getting their share of the company’s $2.1 billion procurement spending.
Edwin Alvarez, Senior Manager of Supplier Diversity for CVS Health, was the featured presenter and gave insights on how Latino and women-owned businesses can get on CVS Supplier Diversity Portal to bid for contracts. Mr. Alvarez provided a list of certifications and certifying agencies used and preferred by CVS Health.
CVS is a larger buyer of goods and services and currently has over 8,500 retail locations across Southern California and nationwide. Mr. Alvarez said there are many opportunities to contract with CVS Health and encouraged the audience to take the first steps and learn more about CVS’ vendor requirements and business needs.
CVS is actively looking for minority vendors because it makes good business sense, said Mr. Alvarez. Working with minority vendors is important and a business strategy for CVS Health because millions of their customers are Latino and women, he said.
During the hour-long webinar, LALCC members learned about inclusion, CVS Health strategy, strategic partnerships, and engagement. LALCC members who have questions about CVS Health are encouraged to email their questions or comments directly to the chamber instead of CVS Health and the answers will be shared when they are available.