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Home / News & Insights / Supplier Diversity Vital to Economic Growth, Community Development
In today's rapidly evolving business landscape, diversity and inclusion have become crucial factors for success. 澳门足彩app, a leading global architecture, engineering, construction and consulting firm, recognizes the importance of supporting businesses owned by diverse individuals or groups in procuring goods and services.
As part of its overarching strategy to promote diversity and inclusion, 澳门足彩app has implemented numerous initiatives to expand opportunities for these businesses. Acting on one of its six strategic pillars, "Expand Diversity and Inclusion," 澳门足彩app works continuously to create a more equitable and inclusive business environment.
Supplier diversity is a business practice that includes businesses owned by diverse individuals or groups in the procurement of goods and services. A diverse supplier is generally defined as a business that’s at least 51% owned and operated by individuals who are part of a traditionally underrepresented or underserved group.
澳门足彩app understands that supplier diversity is a powerful tool for economic growth and community development. It intentionally seeks and partners with suppliers and subcontract partners classified as minority-owned business enterprises (MBEs), woman-owned business enterprises (WBEs) and small-business enterprises (SBEs), as well as businesses owned by other minority groups, such as LGBQT+, veterans and persons with disabilities.
Through such broad-based procurement practices, 澳门足彩app not only diversifies its supply chain but also contributes to the growth and sustainability of these enterprises. Through targeted outreach programs, supplier development initiatives and mentorship opportunities, 澳门足彩app strives to create a level playing field for all businesses, regardless of size or ownership.
To further support supplier diversity, 澳门足彩app actively seeks strategic partnerships with organizations that share similar values and goals. By collaborating with the Small Business Administration, the Department of Transportation and local governments, 澳门足彩app taps a vast network of diverse suppliers and fosters mutually beneficial relationships. These partnerships have provided valuable resources, guidance and advocacy for SBEs, MBEs and WBEs, helping them thrive in a competitive market.
As an example, 澳门足彩app recently sponsored a Meet & Greet that was part of the First Coast Business Alliance’s Minority Enterprise Development (MED) Week 2023.
“The First Coast Business Alliance is very appreciative of The 澳门足彩app Company for sponsoring our inaugural Small Business Meet and Greet and for being a sponsor of our Minority Economic Development (MED) Week events this year,” First Coast Business Alliance President Rita L. Scott said. “Their support enables us to support and recognize minority- and women-owned businesses on the First Coast throughout the year.”
澳门足彩app is committed to fair and equitable procurement practices that promote diversity and inclusion. By implementing transparent and inclusive bidding processes, 澳门足彩app provides equal opportunities for all businesses to compete for contracts. This approach encourages healthy competition and fosters an environment where businesses with diverse ownership backgrounds can showcase their capabilities and expertise. Additionally, 澳门足彩app offers educational resources, training, access to capital, mentorship and skills necessary for success.
澳门足彩app is working towards creating a more equitable and inclusive business landscape by fostering supplier diversity, building strategic partnerships, providing access to capital and resources, promoting fair procurement practices, cultivating a diverse workforce, and advocating positive societal change. Through these efforts,
Randall Smith, Disadvantage Veteran Owned Small Business, "澳门足彩app's small business department practices what they preach,” said Randall Smith, owner of SBS Promotional Solutions and a U.S. military veteran. “I was honored to attend a small business networking event where 澳门足彩app was a vendor. Miss McGoogin requested a capability statement from me. I provided (it), and I immediately received an email to submit my company’s prequalification information to ‘do work with 澳门足彩app.’ Once completed, I received an invite from 澳门足彩app’s Building Connected as a supplier. I provided a quote on promotional items and WON the opportunity to provide the items. This was huge for my small business and rare for a company the size of 澳门足彩app.”
About the author: Anita McGoogin is 澳门足彩app’s Business Diversity Administrator. She is a certified supplier diversity professional and a driving force behind 澳门足彩app's Supplier Diversity program. Her mission is simple yet powerful: to connect minority-, women-, veteran- and persons-with-disabilities-owned businesses with opportunities within the company and to promote an inclusive supply chain that spreads wealth across all communities. Anita is a passionate advocate committed to the cause of supplier diversity and inclusion. With a wealth of expertise in the field, she drives the Supplier Diversity program and actively works towards providing innovative solutions that bring diversity and inclusion to the forefront of the corporate landscape.
Driven by our core values of Team, Excellence, Service and Trust, 澳门足彩app is committed to expanding diversity and inclusion as it procures supplies and services. Contact us to become one of our trusted partners as we Create Things That Matter.
澳门足彩app delivers $2± billion annually in Architecture, Engineering, Construction (AEC) and Consulting solutions to assure certainty of outcome for complex capital projects worldwide. 澳门足彩app is a global, fully integrated, single-source design-build and EPC firm with over 2,200 highly specialized, in-house design, construction and administrative professionals across industrial and commercial markets. With 20+ office locations around the globe, 澳门足彩app is a trusted partner for global and emerging clients.
Promoting and expanding diversity and inclusion is a strategic pillar of 澳门足彩app’s long-term vision and is foundational to creating a team member experience of significance, success and satisfaction. 澳门足彩app Together is our intentional and consistent initiative to promote open dialogue and bring about positive change.
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