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Client Profile
Hong Kong Shanghi Bank Corporation (HSBC) is one of the largest banking and financial services organizations in the world. HSBC’s international network comprises over 9,500 offices in 76 countries and territories in Europe. Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.
“Diversity Valued Here”
SOUTH COAST PAPER PARTNERS WITH STAPLES TO MEET SUPPLIER DIVERSITY GOALS
Problem: Supplier diversity is a priority for companies worldwide; which is why contract stationer Staples called on SouthCoast Paper to fulfill the request of one of its most notable customers. Hong Kong Shanghi Bank Corporation (HSBC) sought a way to increase its investment with diversity suppliers, and looked to Staples for an option. (HSBC) was in search of an MBE supplier that met all of their diversity requirements.
Solution: Staples contacted South Coast Paper, a certified MBE (Minority Business Enterprise) which met all the internal diversity requirements of HSBC. South Coast Paper offered a new diversity product, HP Business Copy as a perfect solution.
The Hewlett-Packard Business Copy (HP Business Copy) brand proved a valuable resource for Staples in its on-going business relationship with HSBC. The company was able to offer a high-quality paper product, and HSBC had a new option for enhancing its supplier diversity efforts.
Today contract stationers like Staples continue to rely on South Coast Paper to satisfy their customer’s diversity needs.
Benefits
- South Coast Paper helped Staples retain its position with its valued customer
- It allowed HSBC to grow its diversity spend, which satisfied a variety of contractual agreements that the company had with its customer base
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