Supplier Diversity Programs

  • 09/01/13

Supplier diversity is a proactive business process that seeks to provide suppliers equal access to purchasing opportunities. It promotes supplier participation reflective of an institution’s diverse population and the diverse business community.

In 2005, Purdue University in West Lafayette, IN, took steps to enhance their supplier diversity activities. Since then Purdue has become recognized as one of the premier supplier diversity programs in higher education in the country.

The focus of the program at Purdue has been outreach (www.purdue.edu/supplierdiversity).

On a national scale, the National Minority Supplier Development Council (NMSDC, www.nmsdc.org) works to advance business opportunities for certified Asian, Black, Hispanic and Native American business enterprises and connects them to corporate members.

The NMSDC Network includes a national office in New York and 36 regional councils across the country. There are 3,500 corporate members throughout the network, including most of America’s largest publicly owned, privately owned and foreign-owned companies, as well as universities, hospitals and other buying institutions.

NMSDC corporate members have developed eight goals that corporations implement to create a world-class minority supplier development process.

  • GOAL 1: Establish corporate policy and top corporate management support
  • GOAL 2: Develop a corporate minority supplier development plan
  • GOAL 3: Establish comprehensive internal and external communications
  • GOAL 4: Identify opportunities for minority business enterprises in strategic sourcing and supply chain management
  • GOAL 5: Establish a comprehensive minority supplier development process
  • GOAL 6: Establish tracking, report and goal-setting mechanisms
  • GOAL 7: Establish a continuous improvement plan
  • GOAL 8: Establish a second-tier program

For more information on acting on these eight goals or on supplier diversity programs and development in general, visit the National Minority Supplier Development Council online at www.nmsdc.org.

This article originally appeared in the College Planning & Management September 2013 issue of Spaces4Learning.

Featured

  • ECM Technologies Wins ‘Most Innovative Business of the Year’ Award

    HVAC preventative maintenance and efficiency solutions provider ECM Technologies was recently named the “Most Innovative Business of the Year” at the 2025 Champions of Change Awards, according to a news release. The program recognizes Arizona business leaders and organizations taking steps to make a positive impact on the state through innovative thinking and philanthropy.

  • Thomas F. Frist, Jr. College of Medicine

    Established in 1999, the Education Design Showcase is a vehicle for showing off innovative — yet practical — solutions in planning, design, architecture, and construction. Thomas F. Frist, Jr. College of Medicine has been recognized with an EDS 2025 Project of Distinction award in the category of New Construction.

  • University of West Florida Opens New Laboratory Facility

    The University of West Florida recently announced that renovation work is complete on a new lab building for its campus in Pensacola, Fla., according to university news. Building 80 will serve as the home to the university’s civil engineering program and the Tyler Chase Norwood Construction Management Program.

  • Designing Learning Spaces that Support Student Mental Health and Wellness

    In today’s education landscape, schools are more than just centers for learning; they are integral to the holistic development and well-being of students. The global pandemic underscored the importance of addressing mental health in schools, as productivity dropped, stress levels rose and students faced challenges managing emotions.

Digital Edition