USPAACC member Esolvit, Inc. has been selected as the 2020 Minority Business Development Agency (MBDA’s) 2020 Minority Professional Services Firm of the Year Award from the U.S. Department of Commerce.Read More
Supplier Diversity and Procurement Teams to Explore Synergy, Best Practices, and Strategic Solutions
Supplier diversity and procurement professionals from leading Fortune 1000 Corporations, government agencies, and national nonprofits, will come together at the Supplier Diversity Managers and Buyers Caucus to candidly discuss synergy, best practices, and innovative solutions to serve both buyers and sellers in the changing marketplace, among other key topics.
The Caucus, which is open only to corporations, nonprofits, and government agencies, will be held from 8:00 am – 10:00 am on June 5, 2019 at the Hilton Americas-Houston in Texas.
Caucus Co-Chairs are Jackie LaJoie, Manager, Supplier Diversity, Ingersoll Rand; Chi Pak, Supplier Diversity Manager, T-Mobile; and John Weithman, Senior Consultant Strategic Sourcing, Nationwide.
“Supplier diversity has evolved from a corporate social responsibility initiative to being part of a strategic solution,” said LaJoie. “Companies realize the competitive potential and greater value of supplier diversity programs: it drives innovation, provides unprecedented access to sales opportunities and supplier options, and ensures that procurement from the best suppliers are made available to them.”
“The good news is that diversity spend keeps on rising every year and is now firmly on the corporate agenda,” noted Pak. “Big businesses also realize that they need to pivot away from the narrow focus on cost over value, restrictive criteria for suppliers, and the propensity to work with similarly-sized businesses. This is where diversity-driven culture and leadership become imperative for success.”
“Strong and strategic partnerships with diverse suppliers will give businesses the competitive advantage especially amidst changing customer demographics,” added Weithman. “The strongest business relationships are often made with smaller and more diverse suppliers, and as the customer base becomes increasingly diverse, the business must adapt and also become diverse in order to thrive.”
This session is part of CelebrASIAN 2019 Procurement + Business Conference – the country’s largest and most established flagship B2B conference convened by the US Pan Asian American Chamber of Commerce Education Foundation (USPAACC) on June 5 – 7 in Houston, Texas.
Conference Chair is Angie Klett, Senior Vice President IT CFO and Chief Procurement Officer at Nationwide. Conference Co-Chairs are Ampcus, Bank of America, Pyramid Consulting, T-Mobile, and Wells Fargo.
Conference theme “Be Unique, Ignite Leadership, Deliver Exceptional ResultS: BUILDERS of the American Dream,” aims to help Pan Asian American entrepreneurs to create a brighter and more prosperous future through procurement and business growth.
Business growth and innovation programs include the CPO Forum, CTO & CIO Forum, Prescheduled 1-on-1 Business Matchmaking Meetings, Guanxi* Business Fair, Industry Builders (i-Builders) Marketplace, “What’s Your Pitch: Innovation Meets the Market” Competition, Doing Business with Corporations in Energy and Cybersecurity Sectors, Doing Business with Government, C-Suite Executives Academy: War on Talents; Lessons Learned: Reflections of Corporate Executives, Managed Service Providers (MSP) Panel Discussion, How to Grow Your Business Program, and more. (*Guanxi is a business term meaning “connections” or “relationship”).
High-level networking events with Fortune 1000 CPOs, CTOs, CIOs, Directors, Managers, Small and Medium Enterprise CEOs, Presidents and VPs, seasoned entrepreneurs, community leaders, industry disruptors, venture capitalists, etc., will be held for the duration of the Conference.
More than 500 pre-scheduled 1-on-1 Business Matchmaking Meetings will be held between top-caliber suppliers and serious buyers from Fortune 1000 corporations, government agencies and large nonprofits.
For more information on CelebrASIAN 2019, visit celebrasianconference.com.
Founded in 1984 as a national non-profit non-partisan organization, USPAACC promotes and propels economic growth by opening doors to business, educational and professional opportunities for Asian Americans and the small and minority community. USPAACC IRS Tax Exemption # 52-164-1440
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Procurement executives and the supply chain leadership of eight Fortune 1000 corporations and two academic institutions participated in USPAACC's virtual CPO roundtable to discuss the impact of the pandemic on their operations and strategic solutions going forward.Read More
Global industrial and manufacturing firm Ingersoll Rand presented the Ingersoll Rand Manufacturer Award to GrowSquares, the 1st place winner of US Pan Asian American Chamber of Commerce Education Foundation (USPAACC)’s 5th annual national “What’s Your Pitch: Innovations Meet the Market,” on June 5, 2019 at the Hilton Americas-Houston in Texas.Read More