Content/Blogging

The Only WMBE Owned Chemical Manufacturing Plant Earns $20M A Year

Linda-McGill-Boasmond

Being a pioneer isn’t easy. It takes a thick skin, especially in a male-dominated industry like manufacturing. That hasn’t stopped pioneer, Linda McGill Boasmon from paving the way as the first and only African-American woman to own a chemical manufacturing plant.

In this video, trailblazer Linda shares the challenges she faced while climbing the ladder to success, how she weathered through various setbacks and disappointments and even went from unemployment to grossing over $20 million dollars a year.

Join MBE manufacturers like Linda McGill Boasmon at the National MBE Manufacturers Summit 2016. The National MBE Manufacturers Summit 2016 is the first of its kind targeting minority business enterprise (MBE) manufacturers, supply chain decision makers, and stakeholders. It will be an impactful event to help you grow your business- one you will not want to miss. Register Today.

U.S. Manufacturing Industry: Improving The Economy & Helping Minority Business Enterprise (MBE) Manufacturers Achieve Success

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The United States government and the manufacturing industry have recently partnered together to tear down the walls between private and public assistance to manufacturers. The government has worked with the industry to establish private-public networks of programs and services dedicated to helping small to mid-sized manufacturers start their businesses, expand operations capabilities, and generate a higher profit.

By establishing such a partnership, more jobs and revenue are created and expanded every day in our country’s economy. Assisting MBE’s pursue the manufacturing industry only helps them grow their companies faster and therefore hire more people. This partnership is helping to lower unemployment while promoting American-made products and distribution.

Many manufacturing owners and workers in the United States are minorities. Released by the U.S. Department of Commerce this year, it was calculated that Minority-Owned Manufacturing firms employ 342,000 workers in the U.S. This government-industry partnership is expanding opportunities for minorities often locked out of the workforce in our country.

Spearheaded by National Director Alejandra Y. Castillo, the Minority Business Development Agency (MBDA) has identified this beneficial partnership and expanded its reach to minority business owners around the country. The MBDA supports job growth and expansion for minorities by equipping minority entrepreneurs and leveraging their natural strengths in both domestic and global markets. By answering the manufacturing call, the MBDA is working to build more business for minority business enterprise (MBE) manufacturers than ever before.

“We have been working on a national initiative with the U.S. Department of Commerce MBDA to focus on manufacturers from the MBE community.  This community is often overlooked by the general manufacturing community and in general does not access the myriad of national and local resources and expertise available to all manufacturers. Our goal is to help OEMs, corporations, the MBE manufacturing community, and stakeholders connect in a meaningful way,” says Donna Ennis, Project Director of the MBDA Business Center-Atlanta.

Ennis leads the MBDA Advanced Manufacturing Working Group, which is building a nationwide community of MBE manufacturers through its national network of 44 MBDA Business Centers. To this end, she launched the Connecting Advanced Manufacturing Program (CAMP) focused on providing contracting opportunities; assistance with launching new technologies, and building a nationwide ecosystem of MBE Manufacturers.

As a result of CAMP, the  National MBE Manufacturers Summit 2016 was birthed. The Summit is designed to bring MBE manufacturers from around the country together with OEMs, corporations, and other stakeholders for partnerships, supply chain business opportunities and compelling content on manufacturing best practices, innovation trends, and commercial-ready research to expand business opportunities. Visit the website for more information on the summit.

The other area of industry intervention and innovation for the Atlanta MBDA Business Center is healthcare.  As a member of the Healthcare Supplier Diversity Alliance, the Atlanta MBDA Business Center identifies existing healthcare firms to partner with MBE manufacturers ready to supply healthcare corporations.

How One Health Care Provider Responds to Supplier Diversity Challenges

Overcoming challenges

There are numerous benefits for the private sector, including heath care organizations, to prioritize supplier diversity. One key factor is that supplier diversity offers hospitals and healthcare systems the chance to mirror their patient and community populations.

Taking special care to ensure that their suppliers reflect their local demographics, Novant Health’s goal is to provide diverse businesses the opportunity to participate in its procurement process at both Tier 1 and Tier 2 levels.  By adopting a supplier diversity program, Novant Health supports the economic base of the communities in which they serve.

Novant Health has taken several steps to increase their supplier diversity.  In 2006, the company hired a dedicated supplier diversity professional solely focused on this issue.  Over the years, they’ve experienced notable milestones and increased their spend more than 200% with more than 400 suppliers.  Recently, supply chain completed a new strategic plan redefining the role of supplier diversity and further aligning and intertwining the two efforts.

The supply chain diversity and inclusion team engages with system leadership, strategic sourcing and the supplier community to develop mutually beneficial partnerships with diverse suppliers and incorporating them into category reviews and bid cycles for products and services.  The team raises awareness with internal and external stakeholders and works to expand the supplier network to include more businesses owned by women, ethnic minorities, veterans and physically-challenged individuals. They also track key performance metrics, based on system-wide goals, and report their progress to senior leadership.

Their latest endeavor includes adding a healthcare supplier diversity component to the Tuck School of Business Minority Executive Training program and encouraging more majority/minority partnerships which have resulted in more than $25 million in new business for diverse suppliers.  According to Kevin J. Price, Director of Supplier Diversity for Novant Health, “The world of supply chain is rapidly changing.  Incorporating supplier diversity makes it even more challenging.  There has been tremendous consolidation and shrinkage over the last few years making it more difficult for small and diverse suppliers to survive and compete.  Corporate supply chains must respond with more creativity and sophistication through greater use of a combination of outreach, education, partnerships, joint ventures, and utilization of diverse suppliers at the Tier 1 and Tier 2 levels, if this is important to us.”

Over the years, Novant Health has received numerous awards for their efforts including CVMSDC 2010 Public-Private Sector Organization of the Year, 2012 Leadership Award for Supply Chain Management Excellence in the category of supplier diversity and the 2015 Founder’s Award from M&F Bank. This organization continues to be a leader through networking and sponsorship opportunities and most recently you will find them at the National MBE Manufacturers Summit 2016.

AGCO Brings Smart Glasses To The Manufacturing Floor

 

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