At New York Life, we strive to provide the highest quality products and services, at the lowest costs, to all of our internal and external customers. We firmly believe that having a broad field of qualified suppliers brings a wider range of viewpoints and ideas – and ultimately, adds value to our organization. As part of our centralized purchasing process, we diligently seek out certified minority- and women-owned business enterprises (M/WBEs) to ensure they are afforded maximum opportunities to participate in all of our procurement processes. We also communicate this policy to our primary suppliers and encourage them to subcontract with certified M/WBEs.
When you seek to do business with New York Life, you can be certain that:
- All our requirements and/or specifications will be clearly communicated.
- The same expectations and business standards will be applied uniformly to all suppliers competing for our business.
- Contracts will be awarded after a rigorous and competitive bidding process to those suppliers who offer cost-effective solutions and best overall value.
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