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

  • UT System Board of Regents Approves $108M Housing Complex

    The University of Texas System Board of Regents recently announced the approval of a new, $108-million housing complex at the University of Texas at El Paso (UTEP), according to a news release. The facility will stand four stories and have a total of 456 new beds for freshmen students.

  • LSU Breaks Ground on $200M Residential Project

    Louisiana State University in Baton Rouge, La., recently broke ground on a new residential complex, according to university news. The South Quad residential project will consist of two buildings and add a total of 1,266 beds for freshmen students. The development comes with a price tag of $200 million, and it’s scheduled to open to students in fall 2027.

  • North Carolina District Completes New Elementary School

    The Wake County Public School System (WCPSS) in Holly Springs, N.C., recently announced that construction on a new elementary school has finished, according to a news release. Rex Road Elementary School measures in at 133,000 square feet and is the fifteenth school that general contractor Balfour Beatty has completed for the district.

  • 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