A handful of socially conscious major companies have long played a role in addressing racial injustice through supplier diversity programs that promote an inclusive approach to procurement. Activities, milestones and success stories from the MSDUK network and its members. This would help the diverse supplier be better equipped to submit proposals when the opportunities arise. To expand our supplier diversity expenditures, it was immediately clear to all involved that a completely different approach would be required. Home - National Minority Supplier Development Council Explore our professional development learning platform. Goal #3: Complete Memorandum of Agreement (MOA) with the Kentucky Procurement Technical Assistance Program (KYPTAC). We all have biases and although unintentional your previous supply chain activity is likely to have been impacted by your own biases and structural bias that exists in your company and wider society. Resources and Toolkits for Supplier Diversity | MSDUK MSDUK is the UK's leading supplier diversity advocacy organisation that represents and certifies ethnic minority-owned businesses and freelancer self-employed professionals. Spring 2021 activities included the following: Achievement #13: Card Integrity Data Analysis Tool. Please take a moment to complete our Supplier Diversity Survey. Diversity helps supply chains become more competitive, agile and profitable. Achievement #14: Competitive Bid/RFP Supplier Demographic Data. The current plan is for the new technology to go-live late summer 2021. MSD Chaptersare in the UK and China and growing in other regions in 2014. Our Vision Check out some of the MSDUK highlights this year! The UKs Leading Supplier Diversity Organisation | MSDUK Early movers in the electronics industry such as IBM established supplier diversity programs around the same time. Join us on the 14 th June, where we'll be taking a deep dive into all things Supplier Diversity at SDUK's first full Supplier Diversity Day. Join our Freelance portal to get exposed to global brands, grow your network and access to new opportunities. Goal #9: Launch Corporate Engagement Survey for Corporate Members of Womens Business Enterprise Council Ohio River Valley (WBEC ORV). Discovering the Diversity Process Flow in cyber - Computer Weekly Participation in a significant developmental step in equality and fairness in the UKs sourcing approach and to be recognised as a forerunner in championing supplier diversity, as well as individual recognition through contribution to the GSA supplier diversity guidelines/programme of work across the whole industry. Fill out a simple form to talk to a membership development team member. This allowed for reactive services to be provided that were responsive to requests for assistance but did not allow for proactive activities. Our Supplier Diversity Development Program focuses on refining skill sets for our diverse suppliers at multiple levels of maturity. This technology will create an Amazon.com type shopping experience through which content offered by DBEs will be available for purchase. Organisations responded by examining their workforce diversity, recruitment, talent pipelines and their ethnicity pay reporting. Inclusion & Diversity | Supplier Diversity UK Mission Mars has announced that London will be the next home for its Alpine Cook Haus and Bavarian Bier Palace, Alberts Schloss. When you become NMSDC-certified, doors begin to open up. We are marching towards a prosperity that is generative and transformative for our MBEs and their communities gaining contracts, employment, and economic resilience. There over 1 million ethnic minority owned businesses (EMBs) in the UK and these employed over 3 million people and contributed 74Billion pounds to the UK economy. Ensuring the inclusion and effective management of diverse suppliers as a part of the sourcing and procurement process is not just the right thing to do, but is also hugely beneficial to organisations. We need to get to the how, one speaker said. To date contracts have been awarded in the areas of promotional items and paint and coatings. Achievement #1: Marilyn Clark hired as UK Supplier Diversity Manager. Tackling barriers to work today whilst creating inclusive workplaces of tomorrow. Committing their time and equal contribution of high standard tangible outputs. A pilot project was successfully launched to implement a pilot CSA program of 50 vouchers in partnership with Black Soil, a minority owned local firm. (WBENC) Minority Supplier Development Council UK (MSDUK) WeConnect International . Supplier Diversity Leaders The council will consist of both buyers and suppliers and already includes the BBC, Bristol-Myers Squibb, EDF, John Lewis and the Cabinet Office. Success would be achieved by not viewing this effort as a project. As one of McKinsey's 10 Actions toward racial equity, we set a goal of doubling spending with diverse suppliers in three years, which we surpassed in 2022. The data will be consolidated and included in a report. To begin to develop relationships with potential future diverse suppliers you could provide information events on your business, how you work and how you procure contracts. You can share case studies on an internal intranet or newsletter, include it in your annual report, or share it publicly on your website or in a newspaper article. Last year, our suppliers spent more than $921 million with diverse companies. We can never repay the debt we owe our veterans, but were determined to support veteran, and disabled veteran- owned businesses, and enterprises certified by the National Veteran Business Development Council (NVBDC ) and those that qualify as defined by the Small Business Administration (SBA). Awareness and acceptance of the LGBT community and the challenges it faces is on the rise but theres still more that can be done. Google Supplier Diversity Registration of Interest. An inclusive procurement strategy widens the pool of potential suppliers and promotes competition in the supply base, which can improve product quality and drive down costs. South African Supplier Diversity Council strategic plan 2011-2016. Last year, our suppliers spent more than $921 million with diverse companies. All those who input will receive a copy of the results. In a UPS Longitudes blog post, Oswold of UPS says, To truly drive toward economic equality, supplier diversity cant feel like a secret tucked away in the procurement function; it has to hit the main stage.. Are the barriers to social mobility being addressed in the workplace? This allows them access to corporate procurement opportunities, world-class business mentoring, coaching and connection to a global network of partners. Our Supplier Diversity Development Program focuses on refining skill sets for our diverse suppliers at multiple levels of maturity. Depending on the size of your company, the number of diverse suppliers that you have, and the number of contracts running, you might review your success against your targets, monthly, half yearly or annually. We believe that when there is equal opportunity for participation, the benefits of diverse perspectives are mutual and long-lasting. Inclusion and diversity is good for business for many reasons; firstly it enables you reflect and understand your customer/client base better, aHarvard Business Review studyfound that when at least one member of a team has traits in common with an end user or client, the entire team better understands the them. You are not authorised to access the page, Please login first. In addition, we prioritize sourcing from suppliers that demonstrate a strong commitment to supplier diversity within their own organizations. External UK is part of an extremely productive Community Partners collaboration. Marilyn brings years of experience and relationships to the UK program and immediately resolved a credibility and trust deficit that was present with the Diverse Business Enterprise (DBE) community previously. Monthly Zoom meetings to discuss supplier diversity issues were held with interested members of the campus community. Who we work with should reflect this, which is why were supporting minority owned businesses, or enterprises certified by the National Minority Supplier Development Council (NMSDC). In 2023, we expect our growth to continue, with a focus on building a stronger community within our network and fostering partnerships with other business networks and diversity groups so that everyone can come together under one goal. They also advertise our competitive bids and RFPs on their websites thus increasing the exposure of our bid opportunities to the diverse business community. We will accept certification from jurisdictions including but not limited to the following: The Purchasing Division provides procurement support to the University enterprise including academic, healthcare, research, athletics, facilities, and other areas. Some large companies encourage, and in some cases, require their suppliers to create their own diversity initiatives to broaden the impact. The obvious remedy is to go beyond tokenism by making programs more central to procurement decisions. Goal #8: Launch Minority Business Survey Through Collaboration with Black Faith Leaders. The company now spends $2.6 billion annually doing business with around 6,000 small and diverse suppliers with a goal to increase that spend amount year over year. If your small business is owned and controlled by one or more U.S. citizens, and at least 35 percent of your staff reside within the HUBZone, wed love to hear from you! Its important to understand your current level of supplier diversity. These token departments may not have a seat at the procurement table and hence wield little influence on buying decisions. One of the key elements is to provide feedback to diverse suppliers if they are unsuccessful so that they can learn and grow from the experience. Remember that you are aiming to create a long term and sustainable programme of supplier diversity. Or have you ever wondered what the term supplier diversity means and how it can affect your business and the global economy? This Council offers an industry first corporate to corporate group, with a mission to: Provide practical guidelines and support on implementing a supplier diversity programme inclusive to all diversities, Collaborating with government for tighter guidelines on supplier diversity. New guidance to help organisations support employees experiencing menopause or menstruation has been published by BSI. The U.S. Small Business Administration estimates there were 8 million minority-owned companies in the United States as of 2018. Later, Public Law 95-507 established a program to encourage government contractors to include minority-owned businesses in their supply chains. This shift in viewpoint paves the way for you to engage with a more diverse supply chain and think outside the box when considering your procurement options. Click. Register as - About Us | Supplier Diversity You don't have to be working in a procurement function to impact supplier diversity. To ensure the absence of barriers that reduce the participation of diverse vendors This MOA will include joint classes, events, and business development plans. Activities in this area during the 2021 Spring Semester included the following: Achievement #8: Training Programs Being Developed and/or Presented. Her books explore the empowerment of working women and women in leadership roles. Through SDUK we aim to answer the following questions: Support diverse vendors seeking to do business with the university in the areas of goods, services, construction and all areas of procurement For more information about our organization, please . Expand Supplier Diversity Purchasing Program | Diversity, Equity and Achievement #10: Implement Best in Class eProcurement Technology. Plus, it has been proven that a more inclusive and diverse workforce/supply chain leads to improved market share and reduced operating costs a win-win scenarios from top to bottom. Responsibility was assigned to a staff member who also was responsible for numerous other duties. registration@msduk.org.uk. Its also helpful to let them know that most organisations don't win contracts the first time that they apply for them. We seek to establish fairer and equitable economies across the UK and Europe. Maggie Berry OBE, Executive Director at WE Connect International, suggests that companies commit to at least one diverse supplier on every request for proposal (RFP). that diversity is crucial to fostering If you are a smaller business, one to one meetings are a good way of getting to know potential diverse suppliers, perhaps a quarterly virtual coffee. A sales representative will be contacting you soon. We will pre-promote these changes on our websites. These include maintaining a database of outlined elements of its US programme to support small and diverse businesses with a mentoring and scholarship facet, and helping potential suppliers understand what the company looks for in its tendering processes by encouraging visits with its HR and legal teams, for example. Success would only be achieved by transforming our operations and culture. Through supplier diversity, we drive the growth of diverse businesses in a manner that is catalytic to the economy and helps narrow gaps. Through our research, which includes interviews with companies and diversity organizations as well analyses of media coverage and company reports, we have mapped the history of diversity programs and their social and commercial impacts. For example, UPS has a Diversity & Inclusion Steering Council to perform that function. 5 Steps to Start and Grow Your Supplier Diversity Program Goal #7: Marilyn Serves on Diversity, Equity, and Inclusion Committee for the National Association of Education Procurement (NAEP). By working with diverse suppliers, we seek to provide opportunities to groups and communities who are or have been historically, socially and economically underrepresented. Ultimately the goal is to quantify the impact our efforts are producing. Expands knowledge through research, scholarship, and creative activity That transformation is underway as is evidenced by the below detailed activities. MSDUK strives for creating equal opportunities for ethnic minority owned businesses, ensuring the fundamentals of an inclusive society. Goal #2: Complete the Supplier Diversity Plan for FY2022. The Purchasing Division central office is located at Room 322 Peterson Service Building at 411 S. Limestone, Lexington, KY 40506-0005. Are you new to supplier diversity? innovation in the workplace. About Us. MSDUK works with organisations, academia, investors and founders looking to join a diverse ecosystem of world-class professionals advocating for diversity and inclusion in global supply chains. The activities are as follows: This project is rather large and requires an all hands on deck approach from the Purchasing Division. Diversity Classifications At DuPont, we know that small and diverse suppliers are critical to our ability to win in the marketplace, due to their increased levels of agility, flexibility, and innovation. A foundational element of our diversity initiatives includes supporting skill development for diverse suppliers. Contact us today and one of our dedicated team will be in touch regarding your The missing piece that has now been added to the conversation is Impact. While her company, which is viewed by potential buyers as small, has had some great wins, she said, I have to have 10 conversations while a big competitor might have one. Google Scholar . Diverse supply chains bring new ideas to market and benefit the bottom-line. Please choose a new password to finish signing in. Several RFPs have been issued with the intent of identifying and contracting with diverse suppliers for specific topics. The feel-good factor associated with diversity programs can also burnish a brand. During the 2020 fall semester the project lead often referred to our fledgling Supplier Diversity Program as a four (4) legged stool consisting of the components listed below: 4. Do educate yourself on the topic of race, diversity and inclusion byreadingor followinganti-racist activistson social media and be prepared to havedifficult conversations around race and diversity, which will become easier with practice. You may believe that this approach is the most economical option due to economies of scale, however, because many diverse suppliers are often small and medium sized businesses, their size makes them agile; they have fewer overheads, are more flexible and that can offer better value for money. Prior to the commencement of the DEI Implementation Plan, the University of Kentucky operated a traditional Supplier Diversity Program. MSDUK helps and supports ethnic minority businesses to break through inequalities and barriers inpublic and private sector supply chains. Our goal is to help close the racial wealth gap through inclusive infrastructure contracting opportunities. suppliers in the MSDUK network., As EMBs, we are agile, innovative teams who are not tied down with bureacracy and legacy. Learn more >, Build Up Local will be the one-stop shop for communities of color to learn about resources and programs made available through the Bipartisan Infrastructure Law. UPS also employsa third-party firm to validate supplier certificationsevery quarter and conducts audits of diversity spend and theeconomic impact of programs. MSDUK works with organisations that want to improve diversity in their supply chains. We use cookies to give you the best website experience. Our goals are defined as follows: To increase the amount of goods and services acquired by the university from businesses owned and controlled by diverse persons to 10% of all procurement To ensure the absence of barriers that reduce the participation of diverse vendors Educate vendors on "how to" do business with the university Support di. Several individuals who were not on the original volunteer list that represent key constituencies were also invited to participate. Once you know the diversity of your supply chain, you can consider where to focus effort. As corporate members, we know we need new Upholds professionalism, respect and enables safe space to speak. If you spend your companys money on lunch for a meeting or securing the guest speaker for your company awards ceremony, you affect the supplier diversity. MSDUK's 2022 End of Year Review: The Highlights. Canadian Aboriginal and Minority Supplier Council's Procurement Business Advocate of the Year (2016) . Besides keeping routine operations flowing this will be the primary focus of the Purchasing Division until the application goes live in late summer. Goal #6: Participate in the Minority Business Expo. Get in touch with a Dell Technologies Representative with our quick, easy form and we'll help you fulfill your business needs. The goal is to help drive overall operational effectiveness and better position them for success with Dell and other large corporations. By working with diverse suppliers, we seek to provide opportunities to groups and communities who are or have been historically, socially and economically underrepresented. What More Supplier Diversity Commitments Could Mean For Diverse Maintain a database of designated diverse vendors for use by buyers, project managers, construction managers, general contractors and other purchasing entities seeking qualified vendors Sponsor seminars and conduct training workshops to assist diverse vendors to become an active, responsible and responsive participant in the university's purchasing opportunities. February 23, 2023 (SMSDC) Southwest Minority Supplier Development Council "Annual Stakeholders' Meeting". During COVID-19, many sectors saw a reduction in productivity, meaning businesses were forced to consider what is available more locally to them. Why an increasingly diverse Europe need equality in procurement for ethnic minority entrepreneurs. Barry Swanson(Chief Procurement Officer). Likewise, for more information about Dell Supplier Diversity, contact us via email. Click hereto access the Kentucky SBDC Training Events page. Become a Member >, The NMSDC Network includes 23 regional affiliates nationwide and 5 global affiliates, which are the backbone of our gold standard certification program, working in the field locally to ensure our 15,000+ certified MBEs reach their full potential. The resource is a combination of all of the public databases of Kentucky-certified diverse suppliers in one searchable site. At State Street, we recognize the value of a diverse supplier base and are focused on working with qualified organizations whose values align with ours. + The under-representation of EMBs in both public and private sectors not only hinders inclusive growth but deprives large organisations of an alternate supply chain option. In conjunction with the Commerce Lexington Minority Business Development team, UK is taking an active role in processing grant applications for the $2.3M in funding for the LFUCG Small Business Economic Stimulus Grants. The number of diverse suppliers solicited and the number of diverse suppliers that submit bids and proposals are being tracked and a report will be developed. a UK company limited by guarantee, does not provide services to clients. How diverse is your supply chain? Work is underway to develop a series of classes and technical support in partnership with KYPTAC starting in July 2021. Goal #1: Complete Supplier Diversity Contract Language. Supplier Diversity Leadership Council - The Conference Board This is an accepted form of positive action to get the supplier on the list, and give them an equal chance to be considered. The program was successfully launched with all 50 vouchers being claimed. Check out some of the MSDUK highlights this year! Inclusive procurement also delivers broader societal benefits by generating economic opportunity for disadvantaged communities. And those numbers are steadily increasing. To achieve intentional, sustainable, and impactful success, it is important to collaborate both internally and externally. Awareness and acceptance of the LGBT community and the challenges it faces is on the rise but theres still more that can be done. Fifty-two percent of respondents to a survey conducted for UPS by Hootology, a specialized marketing and consumer insights research firm, said they want to work for a company that has a supplier diversity and inclusion program, according to Oswold.
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