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

  • Minnesota Middle School Finishes $23.5M Addition and Modernization

    Highland Park Middle School in St. Paul, Minn., recently announced the completion of a $23.5-million addition and remodel project, according to a news release. Saint Paul Public Schools partnered with ATS&R Planners, Architects & Engineers for its design and Kraus-Anderson for its construction.

  • University of Kansas Opens $400M Football Stadium Reconstruction

    The University of Kansas in Lawrence, Kan., recently announced that the $400-million reconstruction of David Booth Kansas Memorial Stadium is complete in time for the 2025 football season, according to a news release. The university partnered with Turner Construction Company on the project.

  • Armstrong World Industries Acquires Geometrik

    Armstrong World Industries, designer and manufacturer of interior and exterior architectural applications like ceilings, walls, and metal solutions, recently announced its acquisition of Canada-based Geometrik, according to a news release. The British Columbian Geometrik specializes in designing and manufacturing wood acoustical and wall systems.

  • North Dakota State University Completes Music School Renovation

    North Dakota State University in Fargo, N.D., recently announced that construction on the Challey School of Music has finished, according to a news release. The university partnered with Foss Architecture & Interiors for design and Kraus-Anderson for construction services, and construction began in July 2024.

Digital Edition