Add as a preferred source on Google

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

  • South Texas K–12 District Debuts Region’s First Electric Bus Fleet

    The Valley View Independent School District in Pharr, Texas, recently announced a partnership with Highland Electric Fleets to launch the district’s—and the region’s—first fleet of all-electric school buses, according to a news release.

  • KI Launches K–12 Classroom Furniture Giveaway

    Contract furniture company KI recently announced the launch of its fourth-annual Classroom Furniture Giveaway, which awards $50,000 each to four K–12 educators across the U.S., according to a news release. The goal is to address decreasing student engagement and increasing teacher burnout numbers by updating learning spaces to accommodate modern needs.

  • University of Kentucky Receives $150M Gift Toward New Arts District

    The University of Kentucky’s Board of Trustees recently received a $150-million gift from The Bill Gatton Foundation, according to a university news release, to build a new arts district on the campus in Lexington, Ky. The new district will feature a new College of Fine Arts building and a multi-hundred-seat theater, among other amenities.

  • UCNJ Launches $30M Modernization of Physical Education Center

    The Union College of Union County (UCNJ) in Cranford, N.J., recently broke ground on a new $30-million modernization project for its Physical Education Center (PECK), according to a news release. The college partnered with DIGroup Architecture for the project’s design, transitioning the existing 42,000-square-foot structure into a campus hub for student athletics and campus life.

Digital Edition