Supplier Diversity
What Do We Look For?
Unfortunately, we can't do business with every company that approaches us. We evaluate every business, whether mainstream, minority- or woman-owned, on the basis of rigid standards of excellence and ability to meet our requirements. Specifically, Food Lion is seeking suppliers whose products and services:
- Add value to our retail business
- Reflect the highest quality possible
- Include retail coverage (a sales force to cover stores to ensure sets and handle damages)
- Are competitively priced
- Meet our insurance requirements
- Display Universal Product Codes (UPCs)
- Can provide on-time deliveries
- Possess a strong market presence
- Meet inventory and shipping requirements
- Can adhere to Food Lion's service and management standards
- Are backed by innovative and strategic marketing support
- Can provide samples for Food Lion's quality control testing
Suppliers must also meet the following insurance requirements:
- Product Guarantee and Indemnification Agreement
- Current Product Liability Certificate of Insurance
- Food Lion, Inc. named as additional insured
- A minimum of $1 million limit of liability
- Policy number and current expiration date must be denoted
