1
Annual Report
2013
Transformation
2
Advancing
Business
Connections
That Count
3
..
TOC
Table of Contents
Message from the President ............................................................................................. 4
Our Mission ................................................................................................................. 7
NMSDC by the Numbers ............................................................................................... 8
Highlights: 2013............................................................................................................12
2013 In Pictures ........................................................................................................... 20
Our 2013 Supporters .................................................................................................... 22
MBE Profiles ................................................................................................................ 26
Corporate Profiles ......................................................................................................... 32
NMSDC Leadership ...................................................................................................... 46
Affiliate Councils ......................................................................................................... 50
A Glimpse of 2014 ..................................................................................................... 54
Financials .................................................................................................................... 64
4
Message from the President
Throughout 2013, powerful change began to
reshape the National Minority Supplier Develop-
ment Council (NMSDC®
) – the kind of change
that will transform our ability to meet the existing
and emerging needs of our nearly 13,000 Asian,
Black, Hispanic and Native American suppliers
and 1,750 corporate members to remain the
leader in minority supplier development.
This transformation is part of an ambitious five-year
strategic plan we developed with our stakeholders
from across the organization.
As we enter our fourth decade, NMSDC’s mission
is unchanged: to advance business opportunities
for certified MBEs and connect them to corporate
members. Our vision is to be the leader in advanc-
ing minority suppliers to help corporations meet
their global supply chain needs.
Supporting both is our demonstrated excellence
in four core capabilities:
4 Certify
4 Develop
4 Connect
4 Advocate
The most striking evidence of change is in the
restructuring and streamlining of our national
network. Acting on the recommendations of a
study by Accenture, our affiliate regional council
presidents, their board chairpersons, corporate
members and MBEs worked together to devise a
new affiliate map with 24 council areas, instead
of the 36 that existed before. The impacted
affiliates worked together to determine the new
consolidated entity, its leadership and staffing.
The new network was unveiled in January 2014.
To support the network and position it for maximum
success, we developed a new funding model.
It provides more balanced funding from the
national office to the affiliates, and it will be
supported by a 10 percent increase in national
corporate member dues that became effective
in January 2014.
Another part of the strategic restructuring is an
ongoing review of the effectiveness of NMSDC’s
delivery of programs and services, as well as
an assessment of any new programs and ser-
vices that might benefit our stakeholders.
At the same time, our Technology Modernization
team has been at work improving support for a
true enterprise network to support our strategi-
cally restructured network. Our proprietary
database of certified MBEs has been revamped
and updated, and a database matching service
for corporate members is now operational.
This fee-based service compares a corporate
member’s minority supplier database with
NMSDC’s database, ensuring the authenticity
of a supplier’s minority status.
NMSDC’s stakeholders are already seeing
the benefits of these changes. Throughout this
process, our goal has been to implement and
coordinate the changes throughout our organiza-
tion, in every detail, while sharpening our focus
on our unchanging mission: to advance business
opportunities for minority suppliers in the global
corporate supply chain.
We at NMSDC look back on 2013 with
great satisfaction in what was accomplished
and are inspired by what this transformation
promises – a new momentum for the work that
turns vision into action, a new energy for our
enduring mission.
Five-Year
Strategic Plan
NMSDC’s stakeholders
are already seeing the
benefits of these changes.
5
6
You can’t solve a problem on the same
level that it was created. You have to rise
above it to the next level.- Albert Einstein
Passion Inspires
The Mission
of NMSDC.
7
Our Mission
The National Minority Supplier Development Council (NMSDC) is in its fourth decade as the
nation’s most dynamic force in developing successful relationships between America’s
top corporations and supply-chain partners from the Asian, Black, Hispanic and Native
American communities.
Chartered in 1972, NMSDC has established a network of corporate members, now
numbering 1,750. Among them are America’s top companies – publicly, privately and
internationally owned – as well as universities, hospitals and other institutions with supply-chain
needs.
NMSDC connects these corporate members with qualified minority-owned suppliers of all
sizes – Minority Business Enterprises (MBEs) – that meet a high standard of excellence.
NMSDC ensures that standard in four essential steps:
From its headquarters in New York, NMSDC coordinates its work nationally through 24
regional councils, each of which certifies, develops, connects and advocates for the
relationship between MBEs and corporate members in its region.
Passion inspires the mission of NMSDC.
Perspective builds a firm foundation, in fact and perception, for NMSDC’s goals.
Progress drives those enduring goals, in an evolving and ever-expanding business universe.
Certify
Examine and
investigate each
MBE, verifying its
viability, its practices
and its capacity for
growth.
Develop
Promote and strengthen
a universal understanding
of the value of minority
supplier development.
Advocate
Connect
Introduce and
facilitate a mutually
beneficial business
relationship between
MBEs and corporate
members.
Assist and enable
MBEs in expanding
their visions and their
capabilities to meet
the needs of corporate
members.
8
NMSDC connects 1,750 corporations (including 472 national corporate members
and 1,278 local corporate members) with more than 12,000 nationally-certified
Asian, Black, Hispanic and Native American-owned businesses.
MBE GENDER
Currently, the number of NMSDC-certified MBEs is 12,026.
Of that total, 73% (8,779) are male and 27% (3,247) are female.
1,750
Corporations
Nationally-Certified MBEs
12,026
Making Connections
{ NMSDC Connects }
THE FACTS:
NMSDC BY
THE NUMBERS
MBE ETHNICITY:
Thirty-seven percent (4,450) of certified MBEs are Black American; the next largest
group represented is Hispanic, at 31% (3,728). A total of 14% and 13%, respectively,
of certified MBEs are Asian Indian and Asian Pacific.
Of the four primary ethnic groups represented, 5% (601) of the total number of certified
MBEs is Native American.
27%
Female
73%
Male
14%
13%
37%
31%
5%
9
Top Ten Industries
“Minority-owned firms are an engine of job creation, demonstrating the highest level of new job growth
and company formation compared to non minority-owned firms” (U.S. Census Bureau, 2007 Survey
of Business Owners).
Of the 12,026 NMSDC-certified MBEs, 93% (11,198) represent the Top Ten Industry groups listed
below.
4
4
1. Professional, Scientific and Technical Services 				 33% (3,913)
2. Manufacturing 							13% (1,582)
3. Construction								13% (1,519)
4. Wholesale Trade							11% (1,280)
5. Administrative Services						11% (1,251)
6. Transportation and Warehousing					4% (505)				
7. Information								3% (403)	
	
8. Retail Trade								2% (280)	
9. Real Estate, Rental and Leasing					 2% (239)	
10. Finance and Insurance						2% (226)
10
“Minority-owned businesses generate $1 trillion in eco-
nomic output to the U.S. economy, creating nearly six
million American jobs. Twenty-one percent of all firms in
the United States are owned by minorities.” (U.S. Census
Bureau, 2007 Survey of Business Owners)
NMSDC
MBE
Total 12,026
Supplier Diversity and
Economic Viability:
21% of all firms in the
United States are owned by
minorities.Value Proposition:
Minority Business is
critical to the economic
growth of U.S.
Minority-owned businesses
generate $1 trillion in
economic output to the U.S.
economy, creating nearly
six million American jobs.
Today, minorities
represent 35% of the
total U.S. population
and are expected to
become the majority
by 2043.
M B E
ANNUAL SALES
Over 1B
less than 1% (20)
Annual sales greater
than $1 billion
Class 1
42% (5,089)
Annual sales less
than $1 million
Class 2
40% (4,761)
Annual sales
between
$1 million and
$10 million
Class 3
14% (1,666)
Annual sales between
$10 million and $50 million
Class 4
4% (490)
Annual sales
greater than
$50 million
NMSDC- Certified MBEs
Connecting MBEs to Growth and Capacity:
Challenges and Opportunities
•People
•Process
•Products
Operational
Competency
Access to Capital
Capacity Building
Three Strategic
Areas of Focus
•Financing
•Credit Terms
•Contracting Terms •New Markets
•New Partners
•Mergers & Acquisitions
•Global-Link
1. Advanced Management Education Program (AMEP)
2. Conference
3. Enterprise-wide Learning Events
4. Minority Business Executive Program (MBEP)
1. Mergers & Acquisitions Summit
2. Business Consortium Fund
3. Resource List
1. NMSDC Certification
2. Corporate Plus®
3. Centers of Excellence
4. Joint Venture Strategy
5. CPO Summit
6. Mergers & Acquisitions Summit
11
12
Connect for
Growth:
Minority
Businesses and
Corporate America
13
Top-performing Minority Business Enterprises (MBEs)
Corporate Plus®
is a special designation NMSDC reserves for the top-performing minority
business enterprises (MBEs) it certifies. MBEs awarded this designation have demonstrated
success in fulfilling – and building on – their national contracts. NMSDC national corporate
members recommend those chosen for this honor. All recommendations are reviewed by the
NMSDC Corporate Plus®
Management Committee, which selects new members with the
approval of NMSDC’s Executive Committee.
The Corporate Plus®
Management Committee welcomed a new chairman in 2014 – Jim
Holloway, General Manager, Purchasing – Vehicle Parts & Materials for Toyota Motor
Engineering and Manufacturing North America, Inc. Mr. Holloway’s term follows the
outstanding leadership of the outgoing chairman, Steven G. Miller, Senior Vice President,
Strategic Sourcing & Procurement and Facility Services Support for The Walt Disney
Company. With Mr. Miller’s retirement from Disney, NMSDC and his fellow committee
members joined in thanking him for his remarkable service and in wishing him the very best
in his new endeavors.
Joining the Committee in 2013 were David W. Barfield, President and CEO of The Bartech
Group, Inc., and Cory Locke, Vice President, Global Categories at
Hewlett-Packard Company, with Heidi Hemmer, Vice President, Supply Chain Segment,
Verizon Communications, joining them in 2014.
PROGRAMS
Highlights2013
14
Each year, NMSDC hosts professional development seminars that provide supplier diversity leaders at member
corporations with examples of best practices in minority supplier development. These seminars are held nationally and
regionally to explore the full range of issues that impact minority supplier development.
In 2013, 150 managers participated in the national seminar, which was held July 9-11 at the Hilton Chicago, with
the theme “Minority Supplier Development: Delivering ROI.”
The regional seminars seek to provide professionals in sourcing and supplier diversity with access to the most effective,
up-to-date concepts in supplier diversity process management.
For 2013, the regional seminar series – facilitated by RGMA, Inc. – had the theme “Minority Supplier Development:
Collaborative Strategies.” The first seminar, in Atlanta in April 2013, was hosted by United Parcel Service and drew
43 attendees. Chevron Corporation and Pacific Gas and Electric Company hosted the second seminar, in
San Francisco in June, and it drew 40 attendees.
Participation in all NMSDC seminars allows attendees to earn continuing education hours that can be applied toward
Institute for Supply Management CPSM®
, CPSD™ and C.P.M. recertification and/or A.P.P. re-accreditation program
requirements.
Minority Business Program Manager’s Seminar
In June of 2013, NMSDC welcomed 32 minority business chief executive officers – representing 17 affiliate councils –
to its Advanced Management Education Program (AMEP) at Northwestern University’s Kellogg School of Management.
With the goal of providing significant opportunities for growth and business development for some of our best and
brightest Asian, Black, Hispanic and Native American business owners, the program offered a four-day, customized
executive management program for these CEOs—designed to explore and address the challenges faced by a
growth-oriented minority firm. Distinguished academics, corporate buyers, financial and other functional specialists and
business consultants comprised the program’s faculty.
Some 28 corporate sponsors provided scholarships for all 32 graduates. Among the attendees, the average sales of
manufacturing/distributing and service companies were $46 million and $12 million, respectively.
Advanced Management Education Program
In May 2013, NMSDC announced it was embarking on a new, synergistic partnership with the Business and
Economic Development Center of the University of Washington’s Foster School of Business to further the development
of minority-owned businesses across the U.S.
The Foster School of Business is the nation’s most comprehensive business school center devoted to the growth of
minority-owned firms and businesses in low- and moderate-income communities.
This new alliance--the Minority Business Executive Program--underscores the importance of the development of MBEs,
from idea to incorporation, and its aim is grow them more effectively and in greater numbers.
NMSDC/University of Washington Alliance
AT&T Inc. and Telamon Corporation
Alcatel-Lucent and SHI International Corporation
The Allstate Corporation and Sayers40, Inc.
Chrysler Group LLC and Ryan Industries, Inc.
Cisco Systems, Inc. and D.W. Morgan Company, Inc.
The Coca-Cola Company and Harris & Ford, LLC
Communications Test Design, Inc. and Summit
Container Corporation
Ford Motor Company and Choctaw-Kaul
Distribution Company
General Motors Company, LLC and
ChemicoMays, Inc.
JPMorgan Chase & Co. and
A&R Janitorial Services, Inc.
In 2013, NMSDC rechristened its annual salute to corporate/minority business partnerships as the Leadership Awards,
but for a final time in 2013 the event was known as the annual Dinner-Dance, held May 22 at the
New York Hilton and Towers.
Some 1,500 guests attended the black-tie event, including national CEOs, corporate executives and minority
business owners.
David Hernandez, chief executive officer of Liberty Power – one of the largest minority-owned utility companies in the
country – served as the Master of Ceremonies. Awards were presented to 20 corporate/minority business partnerships.
NMSDC corporate members selected NMSDC-certified minority suppliers who had been their partners continuously for
10 years, sharing a current contract valued at $5 million or more. The winning partnerships were success stories based
on mutual history, an evolving relationship and how the supplier added value to the corporation’s supply chain.
NMSDC presented each corporate/minority business success story pair in attendance with a medallion and shared its
stories and photos with the corporate guests.
EVENTS
The Kroger Company and TWT Distributing, Inc.
Marriott International, Inc. and Tronex International, Inc.
Merck & Co., Inc. and ASH Ingredients, Inc.
Northrop Grumman Corporation and APR Consulting, Inc.
Raytheon Company and Banneker Industries, Inc.
Shell Oil Company and Chickasaw Distributors, Inc.
Southern California Gas Company and Uchida Pipe
& Industrial Products
Sprint Nextel Corporation and Perfect Output of
Kansas City, LLC
United Technologies Corporation and
Arnold-Hanafin Corporation
Verizon Communications and Brightstar Corporation
Dinner-Dance
2013
Honorees
15
Highlights2013
16
NMSDC Conference and Business Opportunity Fair
NMSDC’s signature event—the 2013 Conference and Business Opportunity Fair—drew almost 6,000 corporate
executives, supplier diversity professionals, government agency representatives and minority business owners from
around the world to San Antonio’s Henry B. Gonzalez Convention Center October 27-31. “Connect for Growth:
Minority Businesses and Corporate America” was the theme for the four-day event that featured workshops and
plenary sessions lead by top procurement executives and leading MBEs, and culminated with a black-tie Awards
Banquet.
Heriberto Guerra, Jr. of Avanzar Interior Technologies and Stephen J. Felice of Dell were the MBE and corporate
conference co-chairs, respectively. The event had an economic impact of $31 million on the city of San Antonio.
NMSDC also introduced two new corporate awards at the Awards Banquet.
•	 The Corporate Excellence in Access to Capital Award – recognizing a corporation with an exceptional
corporate initiative and/or program providing access to capital solutions or unique financial arrangements
to minority suppliers – was presented to Bank of America Corporation for its Small Business Reserve Grant
Program.
•	 The Corporate Innovation Award – recognizing a new corporate method, initiative or process to acceler-
ate and positively impact minority supplier development in support of NMSDC’s vision, mission and core
capabilities – was presented to Chrysler for its High Focus Supplier Program, encouraging lower performing
suppliers to improve by creating a structured reporting process.
17
•	 Reginald K. Layton, Executive Director, Supplier Diversity and Business Development, Johnson Controls, Inc. (JCI) was
named Minority Supplier Development Leader of the Year.
•	 The awards for National Suppliers of the Year went to: AD PRO of Huntington Beach, CA (sales less than
$1 million); 21st Century Expo Group in Temple Hills, MD ($1 million - $10 million in sales); Way To Be
Designs of Hayward, CA ($10 million - $50 million in sales); and Guy Brown of Brentwood, TN
($50 million-plus in sales).
•	 Twelve awards were presented to Regional Suppliers of the Year:
NMSDC presented awards for individual leadership to:
4 Cube Care Company, Miami Lakes, FL
4 Custom Service Plastics, Inc., Lake Geneva, WI
4 Diamond Restoration, LLC, Nashville, TN
4 GDKN Corporation, Pembroke Pines, FL
4 Metal-Era, Waukesha, WI
4 New Age Communications, Louisville, KY
4 Osceola Consulting, Tiburon, CA
4 Pride Technologies, New York, NY
4 Rose International, Inc., Chesterfield, MO
4 Tempo Creative Consultants, Minnetonka, MI
4 World Wide Technology, Inc., Maryland Heights, MO
4 Zycron, Inc., Nashville, TN
The Regional Council of the Year Award was presented to the Houston Minority Supplier Development Council
for providing outstanding service to hundreds of corporations and minority businesses in the state of Houston.
HMSDC President Richard Huebner accepted the award.
A jubilant Tracy Stanhoff of AD PRO was named Class I Supplier of the Year.
Highlights2013
18
“Leveraging Private Equity Funds to Grow Your Business” was the topic of the Corporate Plus®
Forum 2013, held
October 27, 2013, in San Antonio during NMSDC’s annual Conference. Designed and facilitated by Ralph G.
Moore, President of Ralph G. Moore Associates, the Forum’s topic was chosen based on feedback from evaluations
of the 2012 Forum. Joining Mr. Moore in the presentation to 60 attendees were Craig Fowler, Bank of America;
Daphne Dufresne, RLJ Equity Partners, LLC; Qian N. Elmore, ICV Partners; Alan R. Jones, Blaylock Robert Van, LLC (a
Corporate Plus®
member); and Gerry Paez, Supplier Capital Partners, LLC.
The reception that followed recognized four new Corporate Plus®
members, each of whom was presented with a
pin and a banner.
Throughout the 2013 Conference, NMSDC Corporate Plus®
members were an impressive presence. Some 34
Corporate Plus®
members had booths in the Business Opportunity Fair, and – with 43% of Corporate Plus®
members
reporting – the spend with other MBEs totaled $326 million.
Among the Corporate Plus®
members who participated in panels in San Antonio were Bruce Geier, Technology
Integration Group); Timothy M. Harris (Harris and Ford, LLC); Stephen Hightower (Hightowers Petroleum Co.);
Carl Satterwhite (The RCF Group); Janice Bryant Howroyd (Act•1 Group); and – from the Telamon Corporation –
Albert Chen, Stanley Chen and Stephanie Chen Fuhrmann.
David Wheeler of Cintas led a discussion on
succession planning with the Chen family of
Telamon Corporation.
19
Janice Bryant Howroyd, founder of the
Act•1 Group shares her inspirational
journey to success.
Siblings Stephanie Chen Fuhrmann and Stanley Chen of
Telamon Corporation share at light moment at a luncheon.
Minority Supplier
Development:
Delivering ROI
Highlights2013
Stephen Hightower II and his fellow MBEs engage in a discussion at the 2013 Advanced
Management Education Program at the Kellogg School of Management.
MBES IN ACTION: KELLOGG SCHOOL OF MANAGEMENT
Oklahoma City Mayor Mick Cornett pres-
ents NMSDC President Joset Wright-Lacy
with a key to the city at an event hosted by
the former Oklahoma MSDC in July 2013.
3
THE KEYS TO OKLAHOMA CITY
CORPORATE PLUS®
Ying McGuire (left) of Technology Integration
Group, Joe Blackstone of Blackstone Consulting
and Darlene Fuller of Sodexo share a laugh at the
2013 Corporate Plus®
Reception in San Antonio.4
In Pictures2013
6
20
Denise Coley of Cisco Systems (center) accepts
the Global-Link Award from NMSDC President
Joset Wright-Lacy and Eric Vicioso, director of
the International Program, at the 2013 NMSDC
Conference. Also pictured are Gary Joseph of the
South African Supplier Diversity Council (left) and
Mayank Shah of Minority Supplier Development
United Kingdom (right).
3
NMSDC Vice Chairman Shelley Stewart, Jr. (far right) and his DuPont colleagues enjoy the reception
at the 2013 Minority Business Leadership Awards Dinner-Dance.
LEADERSHIP AWARDS
6
GLOBAL LINK
LEADERSHIP AWARDS
Benita Fortner (second from left) of Raytheon
Company and Cheryl W. Snead (second from right)
of Banneker Industries were honored for their
long-standing partnership.4
21
22
Our 2013 Supporters
Special Recognition
bravo
23
AT&T Corporation
American Express Company
BP America
Central and North Florida Minority Supplier Development Council
Chevron Corporation
D.W. Morgan Company
DTE Energy Company
Dallas/Fort Worth Minority Supplier Development Council
Exxon Mobil Corporation
Ford Motor Company
GlaxoSmithKline
The Home Depot
Honda of America Manufacturing
Indiana Minority Supplier Development Council
Johnson & Johnson
Louisiana Minority Supplier Development Council
Maryland/D.C. Minority Supplier Development Council
Merck & Co., Inc.
Michigan Minority Supplier Development Council
Pennsylvania-New Jersey-Delaware Minority Supplier Development Council
Pfizer, Inc.
The Procter & Gamble Company
South Central Ohio Minority Supplier Development Council
Southern California Minority Supplier Development Council
Telecommunications Industry Group
Toyota Motor Engineering and Manufacturing North America, Inc.
U.S. Bank
Wells Fargo & Company
Western Pennsylvania Minority Supplier Development Council
Scholarships for Advanced Management Education Program
The National Minority Supplier Development Council acknowledges
with appreciation the following generous support:
24
LEADERSHIP AWARDS
6
Special Recognition
Contributions for Centers of Excellence
The Interpublic Group of Companies
Jones Lang LaSalle
Chairman’s Legacy Grant
Harley-Davidson, Inc.
Hosts for Regional Minority Business Program Managers’ Seminars
Atlanta
United Parcel Service, Inc.
San Francisco
Chevron Corporation
Pacific Gas and Electric Company
Funding for International Program, Business Missions and/or Reception
AT&T Corporation
Chrysler Group LLC
Cisco Systems, Inc.
Cummins Inc.
D.W. Morgan Company
Dell Inc.
Exxon Mobil Corporation
Ford Motor Company
General Motors Corporation
GlaxoSmithKline
Hewlett-Packard Company
IBM Corporation
Johnson Controls, Inc.
Merck & Co., Inc.
Pfizer, Inc.
Raytheon Company
25
5
Our 2013 Supporters
AT&T Corporation
Accenture
Altria Client Services
BP America
Bank of America Corporation
Caesars Entertainment Corporation
Capital One
Chevron Corporation
Chrysler Group LLC
The Coca-Cola Company
ConocoPhillips
DTE Energy Company
Dell Inc.
Ford Motor Company
General Motors Corporation
GlaxoSmithKline
Scholarships for Minority Business Executive Program
Southern Florida Minority Supplier Development Council
Henkel of America
Honda of America Manufacturing
Hyatt Hotels & Resorts
Johnson & Johnson
Macy’s, Inc.
Mondelez International
Monsanto
Pacific Gas and Electric Company
Raytheon Company
Shell Oil Company
SodexoMAGIC
Target Corporation
United Parcel Service
Verizon Communications
Wal-Mart Stores, Inc.
Wells Fargo & Company
2013 Conference and Business Opportunity Fair Special Event Sponsors
Other Conference Underwriters
AT&T Corporation
Chrysler Group LLC
R.R. Donnelley & Sons
Gonzalez Office Products
IBM Corporation
Sprint Nextel Corporation
Toyota Motor Engineering and Manufacturing
North America, Inc.
Tyco International
Xerox Corporation
2013 Dinner-Dance Contributions
Amgen Inc.
Baldwin Richardson Foods Company
Blackstone Consulting
Market Probe
Recall Corporation
26
Our 12,000-plus certified minority business enterprises (MBEs)
are the lifeblood of the corporate supply chain—providing the
most innovative, cost-effective products, services and solutions
to corporations across a broad spectrum of industries.
More than 80 of our certified suppliers have distinguished themselves
for their proven ability to execute national contracts, earning our
Corporate Plus®
designation.
On the following pages, meet the four MBEs selected to join
Corporate Plus®
in 2013.
CORPORATE PLUS
®
MBE PROFILES
27
Since its founding in 1981, Faison Office Products, Inc. has become a major
force in its field, while also winning national recognition as an exemplary small-,
disadvantaged-, minority-, veteran-owned and operated business. From its Aurora,
Colorado, headquarters, Faison provides quality office supplies, office furniture,
computer supplies and peripherals, facility supplies and eco-friendly products as
well as specialty item solutions for business and government entities nationwide.
The company also offers technology support, computer repair and copier and
office machine sales and maintenance.
Jared D. Casey, Jr. is the president and CEO of Faison Office Products.The
company has 102 employees (21 minority) and continues to grow organically
and through acquisitions, with distribution centers in North Carolina and the North
Dakota/Montana region.
Faison’s regional affiliation is with the Mountain Plains Minority Supplier
Development Council. Citigroup is its Corporate Plus®
sponsor.
Vocalink Language Services creates a full multilingual managed solution for
its clients.
Through its worldwide network of skilled linguists and its proprietary global content
solutions, Vocalink helps companies centralize their international communications
by managing the corporate message across cultures and within international
markets. Founded by Amelia Rodriquez in 1995 as an interpretation company
serving the local Dayton, Ohio, market, Vocalink expanded its product line in
1998
to include translation services— resulting in an accelerated annual growth rate of
over 40 percent, which continues today.
Vocalink now has offices in Cincinnati, Cleveland and Louisville, while servicing
client accounts globally through offices in Cairo and Madrid, in addition to
offering technology-based solutions.
Amelia Rodriguez is the CEO of Vocalink Language Services, a company she
founded in 1995. The firm’s affiliate council is the Ohio Minority Supplier
Development Council.
Standard Register Company is its Corporate Plus®
sponsor.
Now in its 25th year of operation, Perfect Output LLC provides office document
management services and strategies. Its success is based on its ability to blend
the attributes of a smaller, more agile service organization with the technological,
product and distribution industry leadership that its partners represent.
John Walker is the owner and CEO of Perfect Output, a company he established
in 1997. For businesses throughout the U.S., Canada and Puerto Rico, Perfect
Output manages over 5,000 output devices including multifunctional devices,
printers and production equipment. Its services include maintenance, supplies,
fleet management/analysis and advanced technological solutions.
Twenty of the company’s 59 employees are minority. Perfect Output’s regional
affiliation is with the Mountain Plains Minority Supplier Development Council.
Sprint is its Corporate Plus®
sponsor.
Harris & Ford LLC is a major distributor of chemicals, ingredients and related
products and services for food, personal care, cosmetic, pharmaceutical, water
treatment and industrial customers. The company has earned industry-wide respect
for its vision, integrity and proficiency in the distribution business through a
commitment to exceeding customer expectations by employing enhanced
measurable value and result oriented solutions.
Harris & Ford was established in 1994 by Tim Harris, Joe Ford and Chris
LaMothe. Located in Indianapolis – an ideal hub for warehousing and shipping
nationwide – Harris & Ford can take advantage of the city’s rail, air and highway
systems to accommodate customized and industrial cargo handling.
The geographical proximity of suppliers and manufacturers, combined with the
balance of transportation systems, reduces inventory and transportation costs.
All but 10 of Harris & Ford’s 59 employees represent minorities. Harris & Ford’s
regional affiliation is with the Mid-States Minority Supplier Development Council.
The Procter & Gamble Company is its Corporate Plus®
sponsor.
28
Call out Here
Call out Here
Call out Here
Corporate Plus®
MBEs distinguish
themselves by their proven ability to
execute national contracts.
29
30
NATIONAL CORPORATE PLUS®
MEMBERS
Act•1 Group
AEL Span, LLC
ASI Corp.
Acro Service Corporation
Aldelano Packaging Corporation
All American Meats, Inc.
Alliance of Professionals & Consultants, Inc.
American Product Distributors, Inc.
Aquent, LLC
Artech Information Systems, LLC
Aspen Group, Inc.
Atlanta Peach Movers, Inc.
B & S Electric Supply Co., Inc.
Baldwin Richardson Foods Co.
The Bartech Group
Blackstone Consulting, Inc.
Blaylock Robert Van, LLC
CB Tech
CSA Central, Inc. & CSA Architects
& Engineers
ChemicoMays, LLC
Collabera, Inc.
Colonial Press International, Inc.
Devon Facility Management LLC
Eagle Promotions
Electro-Wire, Inc.
EWIE Co., Inc.
Faison Office Products, Inc.
Freight Solution Providers
Gali Service Industries, Inc.
Garcia Construction Group, Inc.
Gonzalez Saggio & Harlan LLP
Goodman Networks, Inc.
Ernie Green Industries, Inc.
Group O, Inc.
Harris & Ford, LLC
Heritage Vision Plans, Inc.
Hightowers Petroleum Company
Image Projections West, Inc.
Infinite Computer Solutions, Inc.
Integrated Systems Analysts, Inc.
JS Products, Inc.
Kem Krest Corporation
LaCosta Facility Support & Services, Inc.
Liberty Power Corp.
López Negrete Communications, Inc.
MPS Group, Inc.
MW Logistics, LLC
MarkMaster, Inc.
MasTec, Inc.
The Matlet Group, LLC
Mays Chemical Company, Inc.
D. W. Morgan Company, Inc.
NuTek Steel, LLC
PS Energy Group, Inc.
Pacific Rim Capital, Inc.
Perfect Output
Prystup Packaging Products
Quality Packaging Specialists International, LLC
Radio One, Inc.
The RCF Group
Rose International, Inc.
Rush Trucking Corporation
SBM Site Services, LLC
SDI International Corp.
SET Enterprises, Inc.
SHI International Corp, Inc.
Sayers40, Inc.
South Coast Paper, LLC
Summit Container Corporation
Superior Maintenance Co.
Synova, Inc.
Taylor Bros. Construction Co., Inc.
Technology Integration Group (TIG)
Telamon Corporation
Telcobuy.com
THOR Construction, Inc.
Total Technical Services, Inc.
Trillion Communications Corporation
Tronex International, Inc.
Urban Lending Solutions
VisionIT
Vocalink Language Services
The Williams Capital Group, L. P.
World Pac Paper, LLC
World Wide Technology, Inc.
Zones, Inc.
31
32
Unwavering
Commitment
To Diversity
Profiles
Corporate
33
Corporate America’s unwavering commitment to supplier
diversity fuels the continued success of NMSDC and our
certified suppliers.
Matchmaker events, mentor-protégé programs and
capacity-building initiatives designed to build and
strengthen the supply chain underscore the value
corporations place on strong, solid diverse suppliers.
On the following pages, we highlight three corporate
members—Bank of America, Chrysler Group LLC and
The Kroger Co.—and their“outside the box” supplier
diversity processes.
34
Bank of America, the second largest bank holding company in the U.S., has been in
the vanguard of corporate minority supplier development since the company instituted
its Supplier Diversity and Development Program almost a quarter of a century ago.
Leading The Charge
Tiffany Eubanks-Saunders, Senior Vice-President and Enterprise Services Executive, reports that, in 2013, Bank
of America spent $2.3 billion with minority suppliers, with $1.5 billion of that total going to NMSDC-certified
MBEs.
As the Supplier Diversity and Development Program approaches its 25th anniversary in 2015, Bank of
America has restructured its efforts over the last three years in three specific areas – 1) supplier development;
2) diverse and small business capacity building; and 3) supplier mentoring.
The formal Supplier Development Program will relaunch in 2015, with a focus on providing a year-long
development experience for select diverse suppliers. This experience is designed to provide intimate coaching
Business Education
Funding Sources
Scholarships
Supplier Diversity Champions
Tiffany Eubanks-Saunders leads supplier diversity activities at Bank of America.
35
and development opportunities and structured curriculum, with the goal of taking businesses to the next level.
“As a result of our restructuring, we’ve created initiatives that are long-term enhancements to the Program, and we
anticipate experiencing the positive outcome of these initiatives for years to come,” Eubanks-Saunders says. “The Bank
of America Supplier Diversity and Development Team have developed two critical workshops for Diverse Suppliers –
the ‘Small Business Institute’ and ‘Credit and Lending Options for Small Business.’
Bank of America maintains a scholarship fund that helps diverse and small businesses pursue continuing educational
experiences that enhance their business capabilities and overall competitiveness in the marketplace. The fund was
redesigned in 2011 to provide distinct scholarship levels that give participants great flexibility in obtaining business
education that fits their specific needs.
Eubanks-Saunders adds that Bank of America will award a significant number of these enhanced scholarships in the
next year. In the banking and financial services industry, Bank of America has forged vital and enduring relationships
with MBEs.
We are pleased to have a 30-plus-year relationship with MarkMaster, not only as its client, but as a mentor and a
financial partner,” Eubanks-Saunders says. “Today, MarkMaster provides Bank of America name badges, name plates
and rubber stamps; stanchions; Bank of America stock and custom banners; U.S., State and Bank of America
corporate flags; commemorative acrylic awards; and deal-closing lucites, as well as notary commissions and
other supplies.”
“We’ve partnered with MarkMaster on several initiatives, including e-commerce, environmental, international trade
and Six Sigma,” she adds. “These skills have been used to make MarkMaster more successful not only with Bank of
America, but to become the premier supplier in its field.
In the last three years, Bank of America has brought significant focus to identifying diverse suppliers for non-traditional
opportunities. To sharpen that focus, the company emphasized its search for MBEs; the development of MBEs (analysis
of their revenue concentration and financial viability); and coaching for MBEs in revenue diversification.
36
“In areas like global technology – where large, ‘majority-owned’ primes are the manufacturers of goods – Bank
of America has actively engaged with council presidents to advise of potential partners to assist in delivering
these services,” Eubanks-Saunders states.
“In the last year, we’ve awarded a direct contract to World Wide Technologies. For the call center commodity,
we have awarded a global contract to an MBE. While this RFP was extremely challenging, with global
specifications, there was strong support of our MBE candidate (at all levels of leadership) throughout
the process.”
Across its business units and departments, Bank of America continues to benefit from the positive impact minority
suppliers are having and look for new opportunities. In that regard, Eubanks-Saunders points to the promise of a
remarkable strategic alliance the company has brokered.
“Bank of America introduced and is currently providing support for a high-potential, strategic alliance between
Meridian Technologies Consulting (which has an impressive value-add with its commitment to mentorship and
sales training for MBEs) and Global Networkers,” she says. “This strategy reflects the opportunity to align the
synergies of a larger, longer-established firm with a smaller, more niche-focused firm.
The Supplier Diversity and Development team recognized that these two firms could learn a great deal from one
another, share their relationship resource pool for increased sales, leverage different geographic locations, and
continue to both support BAC in a new delivery model.
Last year, they worked with Bank of America executives to review its ‘first to market’ concept. They are currently
working to solidify the implementation of their joint company.”
37
$ 2.2 BILLION
Tier I Initiative: Minority Suppliers
Making automobiles has become a complex, high-tech business model, so Chrysler’s
enduring commitment to supplier diversity in every facet of its business affirms the
importance – and the value – of working with minority-owned suppliers. Kevin Bell is
Senior Manager, Diversity Development, for the Chrysler Group LLC. He points to the
fact that, in 2013, Chrysler – working with some 200 minority suppliers across its
business – spent $2.2 billion with minority suppliers in its Tier I initiative, an increase
of some $200 million over the previous year. “And that number keeps growing,” Bell
adds, noting the speed with which Chrysler recovered from the economic downturn that
hurt automobile manufacturing.
Driving To The Top
Kevin Bell helps Chrysler stay focused
on minority suppliers’ success.
High Focus
Program Supports
Greater Supplier
Diversity.
38
39
“In 2009, because of the economic decline, we spent about $1 billion with our
certified suppliers. So we were able to double that spend in just three years.”
“We are on a positive track on two fronts,” Bell continues. “One is our Tier 1
spending levels and spending percentages. At the same time, we increasingly make
progress on our Tier 2 spending numbers, working with our direct suppliers to make
sure they have strong and robust spending objectives and meet our objectives with
their supply base.”
Bell says that among many of Chrysler’s key direct suppliers – large, publicly-traded
Tier 1 corporations that supply engines, transmissions, axles and other essentials –
diversity can present challenges. To encourage Tier 1 suppliers to reflect Chrysler
Group’s corporate value to support greater supplier diversity, the company’s High
Focus Program, instituted in 2010, creates a structured process that brings new tools
to assist Tier 1 suppliers in developing their own sustainable supplier diversity strategies,
and fostering access to strong MBEs nationally and internationally.
“This year, we were presented NMSDC’s first Corporate Innovation Award as a result
of our High Focus Program,” Bell says. “When we launched the program, we reached
out to 160 large, multibillion-dollar corporations that collectively spent just over $150
million with diverse suppliers. Last year, three years into the program, those same 160
suppliers spent $1billion. So it had gone up tenfold. Next year, those suppliers are on
track to exceed those numbers.”
“I like to point out that, with the $2 billion we paid to minority suppliers last year, all
that business is won,” he emphasizes. “At times, there’s this belief that minority
businesses are awarded through non-competitive processes, that we lower our
standards.
We can be unequivocally clear that they won that business because what they
offered was better – better service, better price, better quality, better logistical
support.”
To illustrate, Bell cites ChemicoMays, under the leadership of Leon Richardson.
“ChemicoMays manages our paint-shop facilities – all the products and chemi-
cals, waste reduction activities that take place within our paint shop,” he says.
“It’s a huge operation. We introduced them three years ago, and we gave them
one plant, as a kind of trial. They have performed so well that currently they have
all of our paint-shop chemical management programs for all of our assembly
plants in North America.”
Minority suppliers run the gamut of Chrysler’s portfolio, Bell says. Flex-N-Gate
provides Chrysler with everything from steel-based products to interior
chemical-related products; SET Enterprises supplies steel to Chrysler; the
marketing/advertising company GlobalHue has worked with Chrysler for many
years; and Pacific Rim Capital provides the company with leasing options.
“In all aspects of our business, we have strong, diverse suppliers,” Bell says.
“Whether it’s the core product or core services, there are strong contributors in
almost every commodity space in which we participate.”
40
41
One of the world’s largest grocery retailers, The Kroger Co. intensified its commitment
to minority-supplier development throughout 2013, a year in which the company’s sales
totaled $98.4 billion. Kroger divided more than $1.3 billion in expenditures between its
first- and second-tier MBEs, exceeding its goal of maintaining a place at the Billion Dollar
Roundtable. Denise Thomas, Kroger’s Director of Corporate Supplier Diversity, also points
out that the supplier diversity program has become a prime consideration in the company’s
planning in a year that has seen major restructuring and improvements in process and
sourcing at Kroger.
“Our supplier diversity team has been able to get involved very early in these changes, to
have input about how we work, so the supplier diversity program has not been negatively
affected,” Thomas says. “We’ve been able to get the commitment from senior management
to make sure that happens.”
Thomas is particularly proud of her team’s work in the development of a new supplier
information management element in a new e-sourcing tool Kroger has developed.
“What I like about this new portal is that we have incorporated a lot of our questions in the
supplier management tool”, she says. “Eventually, it will erase the need to have a separate
supplier diversity registration tool. I want our diverse suppliers to be able to register right
there on that management tool, so everyone in the organization sees that information
immediately.”
Thomas also notes that – unlike other grocery retailers that outsource – Kroger manufactures
all of its own private-label products through some 38 separate manufacturing plants.
To ensure supplier diversity in this sprawling configuration, the company instituted the
Manufacturing Kroger Brands Supplier Diversity Business Interchange.
An Increased Commitment
to Supplier Diversity
Yields Big Results
Kroger Divided
More Than $1.3
Billion Among
MBE Suppliers.
42
1.3billion
$
43
As Relationships
Grow, They
Branch Out Into
Other Areas.
44
“We brought in about 40 suppliers – not a large number, but they were specific to
private-label manufacturing,” she adds. “We had the suppliers meet directly with the
buyers who source the products. The intro, the face-to-face, our follow-up with them
on next steps – it was very productive. A lot of business came out of it for those
suppliers, and it began with their being able just to sit down and meet.”
Because of the breadth of Kroger’s business, the company relies on a variety of
supliers in its core business. Among the MBEs that stood out in 2013 was Hightowers
Petroleum, which provides fuel for Kroger’s fuel stations in the
Cincinnati/Dayton area.
“We have been doing business with Hightowers for five years, and our spend with
them continues to grow,” Thomas says. “It is a little unique because we have always
bought fuel directly from a refinery – we have over 1,200 fuel centers – and
Hightowers isn’t actually a refinery. But they found a way to deliver the product, still
45
be competitive and bring us a unique value-added proposition.”
Thomas also points to the success of the sale of sushi in Kroger stores, a product
brought to the company by the Lwin Family Company, which owns Hissho Sushi.
“We didn’t even have sushi in our stores, and now it’s a multi-million dollar area of
our business,” Thomas adds.
She cites Kroger’s top Hispanic and Mexican food suppliers – Reese Foods,
Cacique, Marquez Brothers International – that have developed unique
opportunities with and for the company.
On the non-retail side at Kroger, the minority supplier development spend is across
the board, from the architects, general contractors and engineers who ensure the
ideal environment for Kroger, to ingredient and packaging suppliers. Thomas also
points to the work of an outside ad agency, Excel Edge, which began with Kroger
by assisting the in-house marketing team on multicultural issues and now includes
involvement with Kroger’s corporate branding.
“That relationship has really taken off, and it started in a specific area,” Thomas
notes. “As the relationship has grown, you see it branching out into other areas.”
46
NMSDC has remained one of the nation’s leading advocates for supplier diversity
for more than 40 years because of corporate members’ shared vision and
embrace of our mission.
Their leadership on the NMSDC Board of Directors, Affiliate Council boards,
Industry Groups and engagement in NMSDC programs continues to shape and
guide the organization.
Listed on the following pages are our:
4 NMSDC Board of Directors
4 National Corporate Members
4 Affiliate Councils
A Shared Vision
NMSDC Leadership
TREASURER
Mr. Dennis P. Miller*
Senior Vice President and Controller
J. C. Penney Company, Inc.
SECRETARY
Ms. I. Javette Hines*
Senior Vice President
Supplier Diversity and
Sustainability
Citigroup, Inc.
PRESIDENT
Ms. Joset Wright-Lacy*
CHAIRMAN
Mr. Keith E. Wandell
Chairman, President and
Chief Executive Officer
Harley-Davidson, Inc.
VICE CHAIRMAN
Mr. Shelley Stewart, Jr.
Vice President Sourcing
& Logistics and Chief
Procurement Officer
DuPont
2013 BOARD OF DIRECTORS
Mr. Sam Abdelmalek
Director, Global Supply
Management
United Technologies
Corporation
Mr. Farad Ali
Project Director, MBDA
Business Center
North Carolina Institute
of Minority Economic
Development
Mr. Mark Artigues
Senior Director, Supplier
Diversity and Corporate
Social Responsibility
Alcatel-Lucent
Mr. David W. Barfield
Chief Executive Officer
The Bartech Group
Mr. Ricardo Barrientos
Senior Director, Supplier Diversity
PepsiCo, Inc.
Ms. Jill B. Bossi
Vice President and
Chief Procurement Officer
The American Red Cross
Ms. Julia M. Brown
Senior Vice President
and Chief Procurement Officer
Mondelez International, Inc.
Ms. Brenda L. Burke
Director, Supplier Diversity
WellPoint, Inc.
Ms. Elaine Caprio
Vice President of Corporate
Procurement
Liberty Mutual Group
Mr. Albert Chen
Chairman and Chief
Executive Officer
Telamon Corporation
Ms. Joyce Christanio
Manager, Supplier Diversity
Sprint Nextel Corporation
Ms. Denise Coley
Director, Global Supplier Diversity
Business Development
Cisco Systems, Inc.
Mr. T. Thomas Davis
Vice President, External Supplier Diversity
Cartus Corporation
Ms. Nancy Deskins
Director, Supplier Diversity
and Corporate Agreements
Lockheed Martin Corporation
Ms. Sonya L. Dukes
Senior Vice President and
Director of Corporate Supplier Diversity
Wells Fargo & Company
Ms. Tiffany N. Eubanks-Saunders
Senior Vice President and Senior
Supply Chain Manager
Bank of America Corporation
47
Ms. Benita Fortner
Director, Supplier Diversity
Programs
Raytheon Company
Mr. Clint W. Grimes
Executive Director, Procurement
Services Office
Time Warner, Inc
Mr. Nick Gunn
Vice President
Global Procurement
Hewlett-Packard Company
Mr. Robert J. Halter, C.P.M.*
Executive Director, Purchasing
Services and Business Diversity
Indiana University
Ms. Heidi Hemmer
Vice President
Supply Chain Segment
Verizon Communications
Mr. Fernando J. Hernandez
Supplier Diversity Director
Microsoft Corporation
Mr. Mike Hoffman
Vice President
Global Procurement
Pfizer Inc.
Mr. Jim Holloway
General Manager
Supplier Relations
Toyota Motor
Engineering and Manufacturing
North America
Ms. Betsy Hosick
General Manager, Strategic
Capability
Chevron Corporation
Mr. Sigmund E. Huber
Senior Director
Supplier Relations
Chrysler Group LLC
Mr. Richard A. Hughes
Chief Purchasing Officer
The Procter & Gamble Company
Mr. Reginald E. Humphrey
Supplier Diversity Manager
General Motors Corporation
Ms. Tami R. Hunter
Supplier Diversity Lead
ConocoPhillips
Ms. Beverly A. Jennings
Head, Office of Supplier
Diversity and Inclusion
Johnson & Johnson
Ms. Debra A. Jennings-Johnson
Director, Supplier Diversity
BP America, Inc.
Mr. Sidney Johnson
Senior Vice President
Global Supply Management
Delphi Automotive, LLP
Mr. Gary Kallenbach
Vice President, Global Procurement
United Parcel Service, Inc.
Mr. Fred Keeton
Vice President, External Affairs
and Chief Diversity Officer
Caesars Entertainment Corporation
Ms. Joan N. Kerr
Director, Supplier Diversity
and Supplier Development
Pacific Gas and Electric Company
Mr. Salah Khalaf
Senior Manager
Supplier Diversity
Sam’s Club
Wal-Mart Stores, Inc.
Ms. Patrice N. Knight
Vice President Operations-
Global Procurement
International Business
Machines Corporation
Mr. William F. Kornegay*
Senior Vice President
Supply Management
Hilton Worldwide
Mr. Thomas E. Lake
Division Manager
North America Purchasing
Honda of America
Manufacturing, Inc.
Mr. Reginald K. Layton*
Vice President
Supply Chain Sustainability
and Business Development
Johnson Controls, Inc.
Mr. Fernando Martinez*
President and Chief
Executive Officer
Northwest Mountain
Minority Supplier
Development Council
Ms. Ruby McCleary
Director, Supplier Diversity
United Airlines, Inc.
Ms. Farryn Melton, C. P. M.*
Senior Vice President and
Chief Procurement Officer
Bristol-Myers Squibb Company
48
Ms. Rohena A. Miller
President and Chief
Executive Officer
Niche Marketing, Inc.
Ms. Denise Naguib
Vice President, Sustainability
and Supplier Diversity
Marriott International, Inc.
Mr. Robert W. Noel
Vice President, Procurement
Exxon Mobil Corporation
Ms. Natalie E. Norfus
Chief Diversity Officer
Associate General Counsel,
Human Resource and Compliance
Burger King Corporation
Mr. Pavan Pattada
Senior Vice President
Corporate Supply Chain
Eaton Corporation
Ms. Carla Preston
Director, Supplier Diversity
Development
Ford Motor Company
Ms. Gloria D. Pualani
Corporate Director
SEBP/Government
Northrop Grumman Corporation
Ms. Terri L. Quinton*
Chief Executive Officer
Alliance of Diversity Printers, LLC
Mr. Roderick Rickman
Chairman and Chief
Executive Officer
Rickman Enterprise Group, LLC
Mr. Quentin Roach
Senior Vice President and
Chief Procurement Officer
Merck & Co., Inc.
Dr. Sally Saba
Executive Director
National Supplier Diversity
Kaiser Foundation
Health Plan, Inc.
Mr. Guy Schweppe
Vice President
Software and CPU
Procurement and
Innovation Strategy
Dell Inc.
Mr. James J. Sheehy
Vice President, Procurement
MillerCoors, LLC
Mr. D. K. Singh
Senior Vice President
Enterprise Procurement
ConAgra Foods, Inc.
Mr. Mark Stolarczyk
Vice President of
Strategic Sourcing
MGM Resorts International
Ms. Barbara A. Taylor
Senior Manager, Corporate
Supplier Diversity Integration
The Boeing Company
Ms. Denise R. Thomas
Director, Supplier Diversity
The Kroger Company
Mr. Howard E. Thompson
Vice President, Purchasing
Macy’s, Inc.
Ms. Terrez M. Thompson
Vice President
Global Supplier Diversity
The Coca-Cola Company
Mr. Guy Wagner
Director of Purchasing
Administration,Cost
Management and Strategy
Nissan North America, Inc.
Mr. David R. Wheeler*
Senior Vice President
Global Supply Chain
Cintas Corporation
Ms. Janice B. Williams-Hopkins
Manager, Supplier Outreach
United States Postal Service
Mr. Chester R. Yancy
Manager, Small and
Underutilized Businesses
Arizona State University
*Executive Committee Member
49
50
AARP
Abbott Laboratories, Inc.
Abt Associates Inc.
Accenture LLP
Actavis, Inc.
Adecco USA, Inc.
Aetna, Inc.
Aflac U.S.
AGL Resources, Inc.
Ahold USA, Inc.
Aisin World Corporation
AK Steel Holding Corporation
Akebono Brake Corporation
Alcatel-Lucent
Alcoa, Inc.
Allstate
Alstom Power Inc.
Altec Industries, Inc.
Altria Client Services, Inc.
Amdocs Inc.
American Airlines, Inc.
American Cancer Society
American Express Company
American International Group, Inc.
American Red Cross
American Water Works
Company, Inc.
Amgen Inc.
AMTRAK (National Railroad
Passenger Corporation)
Our Core
Supporters
National Corporate Members
ANN Inc.
Anschutz Entertainment Group (AEG)
Aon Service Corporation
Apple, Inc.
Applied Communication Sciences
ARAMARK Corporation
ARCADIS U.S., Inc.
ArcelorMittal USA Inc.
Archer Daniels Midland Company
AREVA, Inc.
Arizona Public Service Company
ARRIS Group, Inc.
Ascension Health
AT&T Inc.
The Auto Club Group
Automatic Data Processing, Inc.
Automotive Rentals, Inc.
Avis Budget Group, Inc.
Baker Hughes
Ball Corporation
Bank of America Corporation
Barry Callebaut U.S.A. LLC
BASF Corporation
Battelle Memorial Institute
Bausch & Lomb Incorporated
Baxter International Inc.
Bayer Corporation
BB&T Corporation
BBDO New York
BBVA Compass
Behr America, Inc.
Belk, Inc.
Black & Veatch Corporation
BlackBerry Limited
Blue Cross and Blue Shield Association
BMC Software, Inc.
BMO Financial Group
BMW North America, LLC
BNSF Railway Company
BNY Mellon Corporation
Boehringer Ingelheim Pharmaceuticals
The Boeing Company
Bon Secours Health System, Inc.
Border States Electric
BorgWarner Inc.
Bostik, Inc.
Boston Scientific Corporation
BP America, Inc.
Brasfield & Gorrie, LLC
Bridgestone Americas Holding, Inc.
Bright Horizons Family Solutions, Inc.
Bristol-Myers Squibb Company
Brocade Communications Systems, Inc.
Brookfield Global Relocation Services, LLC
BT Americas
Burger King Corporation
Burlington Industries, LLC
C.H. Robinson Worldwide, Inc.
Caesars Entertainment Corporation
Campbell Soup Company
51
Capgemini USA
Capital One
Cardinal Health, Inc.
Cargill, Inc.
Cartus Corporation
Caterpillar Inc.
Catholic Health Initiatives
CBRE Group, Inc.
CBS Corporation
CDW Corporation
CenterPoint Energy, Inc.
CenturyLink
CHEP International, Inc.
Chevron Services Company
Chrysler Group LLC
Ciena Corporation
CIGNA
Cintas Corporation
Cisco Systems, Inc.
CITGO Petroleum Corporation
Citigroup Inc.
The Clorox Company
Closure Systems International Inc.
CNA Financial Corporation
The Coca-Cola Company
Colgate-Palmolive Company
Comcast Corporation
Comerica Bank
Communications Test Design, Inc.
Compass Group, North America Division
Computer Sciences Corporation
Computer Task Group, Inc.
ConAgra Foods, Inc.
ConocoPhillips
Continental AG
Core Label LLC
CoreLogic
Corizon Health, Inc.
Corning Cable Systems
Covidien Ltd.
Cox Communications, Inc.
Cracker Barrel Old Country Store, Inc.
Creative Artists Agency, LLC
Crown Cork & Seal USA, Inc.
CSX Transportation Inc.
Cummins Inc.
Cushman & Wakefield, Inc.
CVS Health
Darden Restaurants, Inc.
DDB US
Deere & Company
Del Monte Foods Company
Dell Inc.
Deloitte Services LP
Delphi Automotive, LLP
Delta Air Lines, Inc.
Denny’s Corporation
DENSO International America, Inc.
Diageo North America, Inc.
DIRECTV, Inc.
Dresser-Rand
DTE Energy Company
Duke Energy
The Dun & Bradstreet Corporation
DuPont
Eaton Corporation
Ecolab, Inc.
Education Corporation of America
Educational Testing Service
Eli Lilly and Company
EMC Corporation
EMCOR Government Services
Energy Future Holdings
Entergy Corporation
Enterprise Holdings
EQT Corporation
Ericsson Inc.
Ernst & Young LLP
Exelon Corporation
Exide Technologies, Inc.
Exxon Mobil Corporation
Fannie Mae
Farmers Insurance Group, Inc.
Faurecia North America
Federal Home Loan Bank of Chicago
Federal Reserve Bank of Richmond
Federal-Mogul Corporation
FedEx Corporation
Fifth Third Bancorp
Firmenich, Inc.
Fiserv, Inc.
Fluor Corporation
Ford Motor Company
Forest City Enterprises Inc.
GCA Services Group Inc.
GENCO ATC
Genentech, Inc.
General Dynamics NASSCO
General Electric Healthcare
General Mills, Inc.
General Motors Company, LLC
GfK, Growth from Knowledge
GlaxoSmithKline
Global Experience Specialists, Inc.
Goldman, Sachs & Company
Goodyear Tire & Rubber Company
Google, Inc.
GSD&M
Guidant Group
GXS, Inc.
Hagemeyer North America, Inc.
Hallmark Cards, Inc.
Harley-Davidson Motor Company
Havas North America, Inc.
Haworth, Inc.
Health Care Service Corporation
HealthTrust Purchasing Group
Hearst Corporation
Henkel of America, Inc.
Herman Miller, Inc.
The Hershey Company
The Hertz Corporation
The Hewlett-Packard Company
Hillshire Brands Company
Hilton Worldwide
The Home Depot, Inc.
Honda North America
Hospira, Inc.
Houston Independent School District
Humana, Inc.
Huntington National Bank
Hyatt Hotels Corporation
Hyundai Motor Manufacturing
Alabama, LLC
Iberdrola USA
Illinois Tool Works, Inc.
Indiana University
ING Americas
Ingersoll Rand Company
Intel Corporation
InterContinental Hotels Group
Americas
Interface Inc.
International Business Machines
Corporation
International Paper Company
The Interpublic Group of
Companies, Inc.
ITA Group, Inc.
J. C. Penney Company, Inc.
JM Family Enterprises, Inc.
Johnson & Johnson
Johnson Controls, Inc.
Jones Lang LaSalle, Inc.
JPMorgan Chase & Co.
K2 Logistics LLC
Kaiser Foundation Health Plan, Inc.
Kantar Group
Kellogg Company
52
Kelly Services, Inc.
KeyBank National Association
Kimberly-Clark Corporation
Kohl’s Department Stores
KPMG LLP
The Kroger Company
L Brands
Las Vegas Sands Corporation
Lear Corporation
Leggett & Platt Incorporated
Lenovo (United States) Inc.
Liberty Mutual Insurance
Linamar Corporation
Lockheed Martin Corporation
Lowe’s Companies, Inc.
Mack Trucks, Inc.
MacLean-Fogg Component Solutions
Macy’s, Inc.
Major League Baseball
ManpowerGroup
Marathon Petroleum Corporation, LP
Marriott International, Inc.
Mars Chocolate North America
Marsh & McLennan Companies, Inc.
Mashantucket Pequot Tribal Nation
McCain Foods USA, Inc.
McCormick & Company, Inc.
McGraw-Hill Education
McGraw-Hill Financial
MeadWestvaco Corporation
MedAssets Supply Chain Systems
Medtronic, Inc.
Memorial Sloan-Kettering Cancer Center
Mercedes-Benz U.S. International, Inc.
Merck & Co., Inc.
Meridian Medical Technologies, Inc.
Meritor, Inc.
Messer Construction Company
MetLife, Inc.
MGA Research Corporation
MGM Resorts International
Michelin North America, Inc.
Microsoft Corporation
MillerCoors LLC
Minacs Group USA Inc.
Mine Safety Appliances Company
Mitsubishi Hitachi Power Systems
Americas, Inc.
mktg, inc.
Mondelez International, Inc.
Monsanto Company
Morgan Stanley
Motion Industries, Inc.
Motorola Solutions, Inc.
National Grid USA
Nationwide Insurance
Navistar, Inc.
NCR Corporation
Nestlé USA, Inc.
New York Life Insurance Company
Newell Rubbermaid, Inc.
Newmark Grubb Knight Frank
The Nielsen Company
Nike, Inc.
NiSource Inc.
Nissan North America, Inc.
Nokia, Inc.
Nordstrom, Inc.
Northern Trust Company
Northrop Grumman Corporation
Novartis Pharmaceuticals Corporation
Novation
Novo Nordisk, Inc.
NRG Energy, Inc.
O.C. Tanner Company
Oakwood Home Services
Office Depot, Inc.
OfficeMax, Inc.
OhioHealth
Oracle Corporation
Pacific Gas and Electric Company
Penske Truck Leasing Co., L.P.
Pepco Holdings, Inc.
PepsiCo, Inc.
Pfizer Inc
Philip Services Corporation
Phillips 66
Pitney Bowes Inc.
The PNC Financial Services Group
PPG Industries, Inc.
Premier, Inc.
PricewaterhouseCoopers LLP
Principal Financial Group
The Procter & Gamble Company
Professional Golfers’ Association
of America
Proskauer Rose LLP
Prudential Financial
PVH Corporation
Quest Diagnostics Inc.
R.J. Reynolds Tobacco Company
R.R. Donnelley & Sons Company
Randstad USA
Raytheon Company
RBS Citizens
Recall Corporation
Reed Elsevier, Inc. (aka Lexis Nexis)
Regions Financial Corporation
Robert Bosch LLC
Robert Half International, Inc.
Rock-Tenn Company
Rockwell Automation
Ross Stores, Inc.
Ryder System, Inc.
Saatchi & Saatchi
Sallie Mae
Samsung Telecommunications
America LLC
Sanofi Company
SAS Institute Inc.
Savannah River Nuclear
Solutions LLC
Schneider Electric USA, Inc.
Scientific Games Corporation
Scripps Networks Interactive, Inc.
Sealed Air Corporation
Securitas Security Services USA, Inc.
Sedgwick Claims Management
Services, Inc.
SGS International, Inc.
SH Group, Inc.
Shell Oil Company
Skanska USA Building
Sodexo, Inc.
Sonoco Products Company
Southern California Edison Company
Southern California Gas Company
Southern Company
Southwest Airlines Company
Southwest Gas Corporation
Sprint Corporation
St. Jude Medical, Inc.
Staff Management
The Standard Register Company
Staples Inc.
Starbucks Coffee Company
Starwood Hotels & Resorts
Worldwide, Inc.
State Compensation Insurance Fund
State Farm Insurance
State Street Corporation
Steelcase Inc.
Sunbelt Rentals, Inc.
Sunovion Pharmaceuticals Inc.
SunTrust Banks, Inc.
SUPERVALU, Inc.
Symantec Corporation
53
Target CorporationTata America
International Corporation
TBWAChiatDay
TD Bank Group
TEKsystems, Inc.
Tenneco Inc.
Terex Corporation
Thermo Fisher Scientific Inc.
TIAA-CREF
Time Warner Inc.
Title Source, Inc.
The TJX Companies, Inc.
T-Mobile USA, Inc.
Towers Watson & Co.
Toyota Boshoku America, Inc.
Toyota Motor Engineering
and Manufacturing North America, Inc.
TransCanada Corporation
Turner Construction Company
Tyco International
Tyson Foods, Inc.
U.S. Bank
Union Pacific Railroad
United Airlines, Inc.
United Parcel Service, Inc.
United Rentals, Inc.
United States Cellular Corporation
United States Postal Service
United States Tennis Association
United Stationers, Inc.
United Technologies Corporation
UnitedHealth Group Inc.
University of Pittsburgh Medical Center
University of Virginia
Unum Group
URS Corporation
US Foods, Inc.
US Steel Corporation
USM, Inc.
UST-Global, Inc.
Valassis Communications, Inc.
Vanguard Health Systems, Inc.
Veolia Water North America
Verizon Communications, Inc.
Visa U.S.A.
Visteon Corporation
Volkswagen Group of America, Inc.
Volvo Trucks North America, Inc.
VWR International, LLC
W.W. Grainger, Inc.
WABCO Freight Products
Walgreen Co.
Wal-Mart Stores, Inc.
The Walt Disney Company,
Washington Gas Light Company
Waste Management, Inc.
WellPoint, Inc.
Wells Fargo & Company
Wieden + Kennedy, Inc.
Windstream Communications, Inc.
Wisconsin Energy Corporation/
We Energies
The World Bank Group
Wyndham Worldwide Corporation
Xcel Energy, Inc.
Xerox Corporation-
Yazaki North America, Inc.
Yum! Brands, Inc.
Steadfast
Forward
AFFILIATE COUNCILS
“Commitment is an act, not a word.”
- Jean-Paul Sartre
Certification and front-line service to our corporate
and MBE constituents begins with the affiliate councils.
Our recent restructuring from 36 to 24 affiliate councils
has created a stronger network that can more effectively
and efficiently meet the changing needs of our growing
base of corporate members and certified suppliers.
Here are the leaders who comprise the NMSDC network:
54
Capital Region Minority
Supplier Development Council
Serving the District of Columbia,
Maryland and Northern Virginia
Mr. Philip DeVliegher
Interim President/CEO
10750 Columbia Pike, Suite 200
Silver Spring, MD 20901
(301) 593-5860 Main
philip.devliegher@crmsdc.org
Carolinas-Virginia Minority
Supplier Development Council
Serving North Carolina, South Carolina and
Southern Virginia
Mr. Eric Watson, President/CEO
9115 Harris Corners Parkway, Suite 440
Charlotte, NC 28269
(704) 549-1000
ewatson@cvmsdc.org
Central & North Florida
Minority Supplier
Development Council
Serving Central & Northern Florida
Mr. Malik Ali, President/CEO
7453 Brokerage Drive
Orlando, FL 32809
(407) 404-6700
malik@fmsdc.org
Chicago Minority Supplier
Development Council
Serving Metro Chicago
Ms. Shelia Morgan, President/CEO
105 West Adams Street, Suite 2300
Chicago, IL 60603
(312) 755-8880
shill@chicagomsdc.org
Dallas/Fort Worth Minority Supplier
Development Council
Serving Dallas/Fort Worth
Ms. Margo Posey, President/CEO
8828 N. Stemmons Freeway
Suite 550
Dallas, TX 75247
(214) 630-0747
margo@dfwmsdc.com
Eastern Minority Supplier
Development Council
Serving Pennsylvania, Southern
New Jersey and Delaware
Ms. Valarie Cofield
CEO
The Bourse Building
111 S. Independence Mall East, Suite 630
Philadelphia, PA 19106
(215) 569-1005
vcofield@e-msdc.org
Georgia Minority Supplier
Development Council
Serving Georgia
Ms. Stacey Key, President/CEO
759 W. Peachtree Street NE, Suite 107
Atlanta, GA 30308
(404) 589-4929
stacey@gmsdc.org
Greater New England Minority
Supplier Development Council
Serving Connecticut, Maine,
Massachusetts, New Hampshire,
Rhode Island and Vermont
Mr. Fred McKinney, President/CEO
333 State Street
Bridgeport, CT 06004
(203) 288-9744
fmckinney@gnemsdc.org
Houston Minority Supplier
Development Council
Serving Metro Houston
Mr. Richard Huebner, President/CEO
Three Riverway, Suite 555
Houston, TX 77056
(713) 271-7805
richard.huebner@hmsdc.org
55
Michigan Minority Supplier
Development Council
Serving Michigan
Mr. Louis Green, President/CEO
100 River Place, Suite 300
Detroit, MI 48207
(313) 873-3201
lgreen@minoritysupplier.org
Mid-States Minority Supplier
Development Council
Serving Indiana (except NW IN),
Central Illinois and Eastern Missouri
Ms. Carolyn Mosby, President/CEO
2126 North Meridian Street
Indianapolis, IN 46202
(317) 921-2675
cmosby@midstatesmsdc.org
Mountain Plains Minority
Supplier Development Council
Serving Colorado, Kansas
Nebraska and Western Missouri
Mr. Stan Sena, President/CEO
6025 S. Quebec St, Suite 135
Centennial, CO 80111
(303) 623-3037
stan@mpmsdc.org
New York & New Jersey Minority Supplier
Development Council
Serving New York and Northern
New Jersey
Ms. Julia Presley
Interim VP of Operations
485 7th Avenue, Suite 1600
New York, NY 10018
(212) 502-5663
jpresley@nynjmsdc.org
North Central Minority
Supplier Development Council
Serving Minnesota, Wisconsin, Iowa
N. Dakota and S. Dakota
Mr. Duane Ramseur, President/CEO
111 3rd Avenue South, Suite 240
Minneapolis, MN 55401
(612) 465-8883
dramseur@northcentralmsdc.net
Northwest Mountain Minority
Supplier Development Council
Serving Washington, Alaska,
Oregon, Montana, Wyoming and Utah
Mr. Fernando Martinez, President/CEO
320 Andover Park East, Suite 205
Tukwila, WA 98188
(206) 575-7543
fmartinez@nwmtnmsdc.org
Ohio Minority Supplier
Development Council
Serving Ohio
Mr. Darryl Peal, President/CEO
100 East Broad Street, Suite 2460
Columbus, OH 43215
(614) 225-1565
Dpeal@ohiomsdc.org
Pacific Southwest Minority
Supplier Development Council
Serving Arizona & Metro San Diego
Mr. W. Scott Gregory, President/CEO
6340 East Thomas Road, #220
Scottsdale, AZ 85251
(602) 495-9950
scott.gregory@gcmsdc.org
Puerto Rico Minority Supplier
Development Council
Serving Puerto Rico & U.S. Virgin Islands
Ms. Jacqueline Marie Matos
President/CEO
1225 Ponce de León Avenue
Lobby 2, Suite F
San Juan, PR 00907-3921
(787) 627-7268
jacquelinematos@prmsdc.org
56
Southern California Minority
Supplier Development Council
Serving Metro Los Angeles and Southern Califor-
nia (except Metro San Diego)
Ms. Virginia Gomez,
President/CEO
800 West 6th Street, Suite 850
Los Angeles, CA 90017
(213) 689-6965
vgomez@scmsdc.org
Southern Florida Minority
Supplier Development Council
Serving Southern Florida
Ms. Beatrice Louissaint, President/CEO
9499 NE 2nd Avenue, Suite 201
Miami, FL 33138
(305) 762-6151
beatrice@sfmsdc.org
Southern Region Minority Supplier
Development Council
Serving Alabama, Arkansas, Louisiana
and Mississippi
Ms. Phala Mire, President/CEO
400 Poydras Street, #1960
New Orleans, LA 70130
(504) 293-0402
pkmire@srmsdc.org
Southwest Minority Supplier
Development Council
Serving New Mexico, Oklahoma and Southwest-
ern Texas
Ms. Karen Box, President/CEO
912 Bastrop Highway, Suite 101
Austin, TX 78741
(512) 386-8766
karen@smsdc.org
Tri-State Minority Supplier
Development Council
Serving Kentucky, Tennessee
and West Virginia
Ms. Cheri Henderson
President/CEO
220 Athens Way, Suite 105
Plaza 1 Building, Metro Center
Nashville, TN 37228
(615) 259-4699
chenderson@tmsdc.net
Western Regional Minority Supplier
Development Council
Serving Hawaii, Nevada and Northern California
Mr. Lawrence Wooten
President
460 Hegenberger Road, Suite 730
Oakland, CA 94621
(510) 686-2555
lwooten@wrmsdc.org
57
58
2014
On May 20, 2014, Bank of America Merrill Lynch and
the National Association of Investment Companies (NAIC)
joined NMSDC in hosting a Mergers & Acquisitions
(M&A) Summit – a valuable opportunity for participants
to examine what MBEs need to consider in acquiring
other companies, as well as strategic assets to grow their
business to the next level.
More than 70 guests attended the invitation-only event
for private equity dealmakers, corporate executives,
supplier diversity professionals, NMSDC-certified MBEs
and Corporate Plus®
members. Panel session topics
included “The Anatomy of a Deal” and “Roadmap for
Closing a Large-Scale Deal: Lessons Learned.”
A Glimpse
Jeffrey Wakai of PricewaterhouseCoopers shares his
insights at the CPO Summit as panelist Farryn Melton of
Bristol-Myers Squibb looks on.
Don Callahan of Citi and NMSDC Vice Chairman Shelley
Stewart, Jr. of DuPont discuss procurement issues at the
inaugural CPO Summit.
The following day, NMSDC presented a CPO (Chief
Procurement Officer) Summit, hosted by Citi– an invita-
tion-only event for CPOs of national corporate members
of NMSDC. More than 20 CPOs attended the summit.
A roundtable discussion explored “The Role of Minority
Business in Supply Chain Management: Why It
Matters,” and guests discussed how MBE utilization
Mergers & Acquisitions (M&A) Summit
creates a competitive advantage for supply chain, as
well as ways in which each company is prepared to
leverage the power of MBEs in an increasingly diverse
marketplace. Facilitating the summit was one of the
country’s leading experts on entrepreneurial finance
and management – Steven S. Rogers, Senior Lecturer
in Business Administration, Harvard Business School.
CPO Summit
59
NMSDC President Joset Wright-Lacy (center)
moderated a panel featuring Robert Greene (left) of
the National Association of Investment Companies and
Craig Fowler (right) of Bank of America Merrill Lynch at
the M&A Summit.
Craig Fowler (center) introduces Daphne Dufresne (left)
of RLJ Equity Partners talks to John Auth of Bank of
America Merrill Lynch.
John Webb of Quantum Reach and John Henderson of
AEL Span discuss the art of the deal at the M&A Summit.
Highlights2014
60
After a year in which transformative change began reshap-
ing its profile, NMSDC entered 2014 with a sharper
focus, renewed energy and a fresh identity for one of the
landmark events on our yearly calendar.
The NMSDC Leadership Awards, held in New York on
May 21, 2014, introduced a new direction to the annual
celebration of our work.
The black-tie event at the New York Hilton Midtown at-
tracted almost 1,200 guests, among them Asian, Black,
Hispanic and Native American business owners, corporate
executives, supplier diversity professionals, affiliate council
presidents and staff members. MSNBC’s Disrupt’s Karen
Finney was emcee for the evening, and the featured
speaker was Jay Williams, Senior Advisor to the Secretary
for Economic Development, U.S. Department
of Commerce.
New awards were devised for this year’s event, awards
that more thoroughly and effectively reflect leaders through-
out the NMSDC Network.
Three degrees of accomplishment were recognized in
Clarion, Trailblazer and Catalyst categories of our new
awards. Each award had two winners – one corporate,
the other an MBE.
In the Clarion category, the recipients were
Richard A. Hughes, Chief Purchasing Officer
The Procter & Gamble Company (corporate);
and William G. Mays, Chairman and CEO,
Mays Chemical Company (MBE). The Trailblazer winners
were Joan N. Kerr, Director, Supplier Diversity, Pacific Gas
& Electric Company (corporate); and Roderick Rickman,
Chairman and CEO, Rickman Enterprise Group (MBE).
In the Catalyst category, the awardees were Diane Lin,
Director, Global Procurement Starbucks Coffee Company
(Corporate); and Daniel Sung Park, President and CEO
Eclaro International (MBE).
The Robert M. Stuart Leadership Award – named for
NMSDC’s founding chairman – was presented to
Fernando Hernandez, Supplier Diversity Director Microsoft
Corporation. Microsoft made more than $1 million in
licenses available to NMSDC affiliates to facilitate
upgrades as part of our enterprise development.
The Vanguard Award, presented annually to an NMSDC
affiliate council president, was awarded to Carolyn Mos-
by, President and CEO of the Indiana-based Mid-States
Minority Supplier Development Council. In the restructuring
of our network throughout 2013, she was an instrumental
figure as a liaison between the affiliate councils and the
NMSDC national office.
The NMSDC Leadership Awards
Highlights2014
Trailblazer Awardee: Joan N. Kerr
Clarion Awardee: Richard A. Hughes
61
Clarion Awardee: William G. Mays
Robert M. Stuart Leadership Awardee:
Fernando Hernandez
Trailblazer Awardee: Roderick Rickman
Vanguard Awardee: Carolyn Mosby
Catalyst Awardee: Diane Lin
Catalyst Awardee: Daniel Sung Park
62
A Year of
Transformation
63
The Very Look of NMSDC Has Changed
The power of transformation – it is redefining and re-energizing the
mission of the National Minority Supplier Development Council as
we continue the implementation of an ambitious five-year strategic
plan that, in 2012, began reshaping our unique network.
The map of our affiliate councils has been reconstituted and redrawn, focusing our mission
through the work of 24 affiliates instead of the previous 36. This fundamental restructuring
is allowing us to standardize and expand our services and resources, and to empower the
individual affiliates by enhancing their impact regionally and making them more responsive
to each other nationally.
As a result, NMSDC’s network is becoming more unified, more flexible, more
effective than ever before. Redeploying our affiliates has resulted in nothing less than
a transformation of power, harnessed to drive our core capabilities.
Certify. Develop. Connect. Advocate.
Highlights2014
64
Rebranding
A New Structure Deserves a New Context
In September 2013, NMSDC launched a new effort to recharge and rejuvenate our brand, in a plan developed
with the input of national office staff, corporate members, affiliate council presidents and MBEs.
The goal was to align and craft our image to reflect the extraordinary changes that are reshaping the way we
do business. NMSDC’s mission itself is unchanged: to advance business opportunities for minority suppliers in the
global corporate supply chain. The look and feel of how we present our mission has been transformed, from our
affiliate map to the versatile, unifying new logo we have unveiled.
A national network is only as strong as its components, and – from the outset – the rebranding of NMSDC has
sought to emphasize the newly restructured affiliate councils both as individual entities and as constituents in a
unified effort.
A key objective in the rebranding of NMSDC has been to evolve a striking but infinitely variable image that links
the organization’s national and regional identities.
Image tells the story: NMSDC’s new logo has been designed to reflect a distinct identity, through changes of color,
for each of its affiliate regional councils. The look is simple and direct – a call to action that resonates throughout
our network, where the power of many is also the power of one.
Highlights2014
65
OUR 24 AFFILIATE COUNCILS
66
OUR 24 AFFILIATE COUNCILS
Highlights2014
67
Website
As our network is streamlined and transformed, NMSDC’s web presence is also changing. It is an essential component
in the organization’s identity and profile, and – as in the restructuring of the organization itself – the challenge has been
to be bold, daring and imaginative.
With that in mind, our Communications and Marketing Department worked closely with the Information Technology and
Services Department to redesign and reconfigure our website. It delivers a responsive enterprise network that supports
the work of each individual affiliate council as well as the mission and the mechanics of NMSDC as a whole.
PRISM
Nothing is more vital to the work of NMSDC than the delivery of thorough, up-to-date information about MBEs, and
the organization’s adoption of the PRISM system in 2013 has been a game-changing development.
More than the simple reporting tool that its predecessor MBISYS was, PRISM is a comprehensive data management
system.
It offers dynamic search capabilities for identifying and sourcing MBEs by location, industry, products and services, and
certification classifications. PRISM also manages supplier registration certifications, and Tier 1 and Tier 2 spend analysis
and reporting, and delivers real-time updates to the MBE database as it fully integrates with certification processing.
68
NATIONAL MINORITY
SUPPLIER DEVELOPMENT
COUNCIL, INC.
Financial Statements and Supplementary
Information For the Year Ended
December 31, 2013
(With Comparative Totals for 2012)
With Report of Independent Auditors
* These pages include the 2013 Financial
Statements only. The complete Financial
Statements with Notes is included in the
online version.
2013
In Review
Financials
69
FINANCIALS
REPORT OF INDEPENDENT AUDITORS ................................................................................. 1–2
FINANCIAL STATEMENTS
Statements of Financial Position as of December 31, 2013
(With Comparative Figures for 2012) ..................................................................................... 3
Statement of Activities for the Year Ended December 31, 2013
(With Summarized and Comparative Totals for 2012) ................................................................ 4
Statements of Cash Flows for the Year Ended December 31, 2013
(With Comparative Figures for 2012) ..................................................................................... 5
Notes to Financial Statements Decmber 31, 2013 .................................................................... 6
Supplementary Information .................................................................................................... 21
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci.
Duis euismod posuere dui eget placerat. Donec volutpat com-
modo mi, non suscipit sapien ornare eget. Aliquam erat volut-
pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.1
2
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci.
Duis euismod posuere dui eget placerat. Donec volutpat com-
modo mi, non suscipit sapien ornare eget. Aliquam erat volut-
pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.3
4
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci.
Duis euismod posuere dui eget placerat. Donec volutpat com-
modo mi, non suscipit sapien ornare eget. Aliquam erat volut-
pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.
SUPPLEMENTAL DISCLOSURE OF CASH FLOW
INFORMATION
CASH FLOWS FROM INVESTING ACTIVITIES
CASH FLOWS FROM OPERATING ACTIVITIES
5
75
6
76
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci.
Duis euismod posuere dui eget placerat. Donec volutpat com-
modo mi, non suscipit sapien ornare eget. Aliquam erat volut-
pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.
7
77
8
78
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci.
Duis euismod posuere dui eget placerat. Donec volutpat com-
modo mi, non suscipit sapien ornare eget. Aliquam erat volut-
pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.
9
79
10
80
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci.
Duis euismod posuere dui eget placerat. Donec volutpat com-
modo mi, non suscipit sapien ornare eget. Aliquam erat volut-
pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.
11
81
12
82
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci.
Duis euismod posuere dui eget placerat. Donec volutpat com-
modo mi, non suscipit sapien ornare eget. Aliquam erat volut-
pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.13
83
14
84
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci.
Duis euismod posuere dui eget placerat. Donec volutpat com-
modo mi, non suscipit sapien ornare eget. Aliquam erat volut-
pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.
15
85
16
86
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci.
Duis euismod posuere dui eget placerat. Donec volutpat com-
modo mi, non suscipit sapien ornare eget. Aliquam erat volut-
pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.
17
87
18
88
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci.
Duis euismod posuere dui eget placerat. Donec volutpat com-
modo mi, non suscipit sapien ornare eget. Aliquam erat volut-
pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.
19
89
90
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci. Duis euismod posuere dui eget placerat. Donec
volutpat commodo mi, non suscipit sapien ornare eget. Aliquam
erat volutpat.
Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur-
abitur rutrum ligula nec justo tempor accumsan. Integer nec
massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus
Duis a elit nec neque commodo lacinia et quis ligula. Integer
vitae est orci.
Duis euismod posuere dui eget placerat. Donec volutpat com-
modo mi, non suscipit sapien ornare eget. Aliquam erat volut-
pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.
21
91
22
92
1359 Broadway
Suite 1000
New York, NY 10018
“When you’re surrounded by people who share a passionate
commitment around a common purpose, anything is possible.”
- Howard Schultz, Chairman and CEO, Starbucks

More Related Content

PDF
2010 annual-report1
PDF
2018-2019 Annual Report to Members | Buffalo Niagara Partnership
PDF
Buffalo niagara-partnership-2018-19-annual-report-to-members-updated
PDF
Business Voice January 2010
PPT
What is leap print version- rlt
PDF
Banking Insight - CAB Magazine 2018 - 2019 - Embracing the future Now
PPT
Building a Power Board
PDF
SUS_PIP_05(Pages)
2010 annual-report1
2018-2019 Annual Report to Members | Buffalo Niagara Partnership
Buffalo niagara-partnership-2018-19-annual-report-to-members-updated
Business Voice January 2010
What is leap print version- rlt
Banking Insight - CAB Magazine 2018 - 2019 - Embracing the future Now
Building a Power Board
SUS_PIP_05(Pages)

What's hot (14)

PDF
Detroiter Mag Clip (Nov)
PDF
10 practical-guidelines-to-improve-board-communication final-us
PDF
Charities 2037 Report
PDF
Tech Seminar Handout 5 10
PDF
GLCC2015 optimized
DOCX
Marketing 521 Team Marketing Plan Final Draft_2012-11-27
PPTX
DOC
WCR Member Recruitment & Retention Kit
PDF
Book - BB Final
PDF
Round the table magazine . september - October 2014
PDF
Putting the Dosh Promise into Practice
PDF
Tecna new and renewing 2013 member handbook
PDF
2009 Annual Report 12 Page
PPTX
Engaging and Empowering A Diverse Workforce
Detroiter Mag Clip (Nov)
10 practical-guidelines-to-improve-board-communication final-us
Charities 2037 Report
Tech Seminar Handout 5 10
GLCC2015 optimized
Marketing 521 Team Marketing Plan Final Draft_2012-11-27
WCR Member Recruitment & Retention Kit
Book - BB Final
Round the table magazine . september - October 2014
Putting the Dosh Promise into Practice
Tecna new and renewing 2013 member handbook
2009 Annual Report 12 Page
Engaging and Empowering A Diverse Workforce
Ad

Similar to NMSDC-Annual-Report-2013_notes (20)

PDF
2014-NMSDC-Annual Report
PDF
NMSDC_Power of Transformation_October
PDF
GTSC Annual Report 2012-2013
PDF
I-Byte Financial Services April 2021
PDF
GTSC June 2013 - November 2014 Annual Report
PPT
About The LEDC 5min
PDF
CDP Annual Review 2014
PDF
Innovative Business Leaders Making a Difference, 2022
PDF
Innovative Business Leaders Making a Difference, 2022_compressed (1).pdf
PDF
Innovative Business Leaders Making a Difference, 2022
PDF
2016 Inner City Capital Connections (ICCC) Impact Report
PDF
CAB Annual Magazine - Banking Insight 2018 - 2019 - Embracing The Future Now
PPT
I F N005 Steve Wright91807
PDF
CU Bonus Program Results
PDF
Radius Indiana Report
PDF
Top 5 Ways to Get More Marketing Investment in Your Community
PDF
RWreport2016-draft8
PDF
RWreport2016-draft8
DOCX
RUNNING HEAD MISSION STATEMENT MISSION STATEMENT OF DREAM C.docx
PDF
2013 manpower group-corporate-sustainability-report
2014-NMSDC-Annual Report
NMSDC_Power of Transformation_October
GTSC Annual Report 2012-2013
I-Byte Financial Services April 2021
GTSC June 2013 - November 2014 Annual Report
About The LEDC 5min
CDP Annual Review 2014
Innovative Business Leaders Making a Difference, 2022
Innovative Business Leaders Making a Difference, 2022_compressed (1).pdf
Innovative Business Leaders Making a Difference, 2022
2016 Inner City Capital Connections (ICCC) Impact Report
CAB Annual Magazine - Banking Insight 2018 - 2019 - Embracing The Future Now
I F N005 Steve Wright91807
CU Bonus Program Results
Radius Indiana Report
Top 5 Ways to Get More Marketing Investment in Your Community
RWreport2016-draft8
RWreport2016-draft8
RUNNING HEAD MISSION STATEMENT MISSION STATEMENT OF DREAM C.docx
2013 manpower group-corporate-sustainability-report
Ad

NMSDC-Annual-Report-2013_notes

  • 3. 3 .. TOC Table of Contents Message from the President ............................................................................................. 4 Our Mission ................................................................................................................. 7 NMSDC by the Numbers ............................................................................................... 8 Highlights: 2013............................................................................................................12 2013 In Pictures ........................................................................................................... 20 Our 2013 Supporters .................................................................................................... 22 MBE Profiles ................................................................................................................ 26 Corporate Profiles ......................................................................................................... 32 NMSDC Leadership ...................................................................................................... 46 Affiliate Councils ......................................................................................................... 50 A Glimpse of 2014 ..................................................................................................... 54 Financials .................................................................................................................... 64
  • 4. 4 Message from the President Throughout 2013, powerful change began to reshape the National Minority Supplier Develop- ment Council (NMSDC® ) – the kind of change that will transform our ability to meet the existing and emerging needs of our nearly 13,000 Asian, Black, Hispanic and Native American suppliers and 1,750 corporate members to remain the leader in minority supplier development. This transformation is part of an ambitious five-year strategic plan we developed with our stakeholders from across the organization. As we enter our fourth decade, NMSDC’s mission is unchanged: to advance business opportunities for certified MBEs and connect them to corporate members. Our vision is to be the leader in advanc- ing minority suppliers to help corporations meet their global supply chain needs. Supporting both is our demonstrated excellence in four core capabilities: 4 Certify 4 Develop 4 Connect 4 Advocate The most striking evidence of change is in the restructuring and streamlining of our national network. Acting on the recommendations of a study by Accenture, our affiliate regional council presidents, their board chairpersons, corporate members and MBEs worked together to devise a new affiliate map with 24 council areas, instead of the 36 that existed before. The impacted affiliates worked together to determine the new consolidated entity, its leadership and staffing. The new network was unveiled in January 2014. To support the network and position it for maximum success, we developed a new funding model. It provides more balanced funding from the national office to the affiliates, and it will be supported by a 10 percent increase in national corporate member dues that became effective in January 2014. Another part of the strategic restructuring is an ongoing review of the effectiveness of NMSDC’s delivery of programs and services, as well as an assessment of any new programs and ser- vices that might benefit our stakeholders. At the same time, our Technology Modernization team has been at work improving support for a true enterprise network to support our strategi- cally restructured network. Our proprietary database of certified MBEs has been revamped and updated, and a database matching service for corporate members is now operational. This fee-based service compares a corporate member’s minority supplier database with NMSDC’s database, ensuring the authenticity of a supplier’s minority status. NMSDC’s stakeholders are already seeing the benefits of these changes. Throughout this process, our goal has been to implement and coordinate the changes throughout our organiza- tion, in every detail, while sharpening our focus on our unchanging mission: to advance business opportunities for minority suppliers in the global corporate supply chain. We at NMSDC look back on 2013 with great satisfaction in what was accomplished and are inspired by what this transformation promises – a new momentum for the work that turns vision into action, a new energy for our enduring mission. Five-Year Strategic Plan
  • 5. NMSDC’s stakeholders are already seeing the benefits of these changes. 5
  • 6. 6 You can’t solve a problem on the same level that it was created. You have to rise above it to the next level.- Albert Einstein Passion Inspires The Mission of NMSDC.
  • 7. 7 Our Mission The National Minority Supplier Development Council (NMSDC) is in its fourth decade as the nation’s most dynamic force in developing successful relationships between America’s top corporations and supply-chain partners from the Asian, Black, Hispanic and Native American communities. Chartered in 1972, NMSDC has established a network of corporate members, now numbering 1,750. Among them are America’s top companies – publicly, privately and internationally owned – as well as universities, hospitals and other institutions with supply-chain needs. NMSDC connects these corporate members with qualified minority-owned suppliers of all sizes – Minority Business Enterprises (MBEs) – that meet a high standard of excellence. NMSDC ensures that standard in four essential steps: From its headquarters in New York, NMSDC coordinates its work nationally through 24 regional councils, each of which certifies, develops, connects and advocates for the relationship between MBEs and corporate members in its region. Passion inspires the mission of NMSDC. Perspective builds a firm foundation, in fact and perception, for NMSDC’s goals. Progress drives those enduring goals, in an evolving and ever-expanding business universe. Certify Examine and investigate each MBE, verifying its viability, its practices and its capacity for growth. Develop Promote and strengthen a universal understanding of the value of minority supplier development. Advocate Connect Introduce and facilitate a mutually beneficial business relationship between MBEs and corporate members. Assist and enable MBEs in expanding their visions and their capabilities to meet the needs of corporate members.
  • 8. 8 NMSDC connects 1,750 corporations (including 472 national corporate members and 1,278 local corporate members) with more than 12,000 nationally-certified Asian, Black, Hispanic and Native American-owned businesses. MBE GENDER Currently, the number of NMSDC-certified MBEs is 12,026. Of that total, 73% (8,779) are male and 27% (3,247) are female. 1,750 Corporations Nationally-Certified MBEs 12,026 Making Connections { NMSDC Connects } THE FACTS: NMSDC BY THE NUMBERS MBE ETHNICITY: Thirty-seven percent (4,450) of certified MBEs are Black American; the next largest group represented is Hispanic, at 31% (3,728). A total of 14% and 13%, respectively, of certified MBEs are Asian Indian and Asian Pacific. Of the four primary ethnic groups represented, 5% (601) of the total number of certified MBEs is Native American. 27% Female 73% Male 14% 13% 37% 31% 5%
  • 9. 9 Top Ten Industries “Minority-owned firms are an engine of job creation, demonstrating the highest level of new job growth and company formation compared to non minority-owned firms” (U.S. Census Bureau, 2007 Survey of Business Owners). Of the 12,026 NMSDC-certified MBEs, 93% (11,198) represent the Top Ten Industry groups listed below. 4 4 1. Professional, Scientific and Technical Services 33% (3,913) 2. Manufacturing 13% (1,582) 3. Construction 13% (1,519) 4. Wholesale Trade 11% (1,280) 5. Administrative Services 11% (1,251) 6. Transportation and Warehousing 4% (505) 7. Information 3% (403) 8. Retail Trade 2% (280) 9. Real Estate, Rental and Leasing 2% (239) 10. Finance and Insurance 2% (226)
  • 10. 10 “Minority-owned businesses generate $1 trillion in eco- nomic output to the U.S. economy, creating nearly six million American jobs. Twenty-one percent of all firms in the United States are owned by minorities.” (U.S. Census Bureau, 2007 Survey of Business Owners) NMSDC MBE Total 12,026 Supplier Diversity and Economic Viability: 21% of all firms in the United States are owned by minorities.Value Proposition: Minority Business is critical to the economic growth of U.S. Minority-owned businesses generate $1 trillion in economic output to the U.S. economy, creating nearly six million American jobs. Today, minorities represent 35% of the total U.S. population and are expected to become the majority by 2043. M B E ANNUAL SALES Over 1B less than 1% (20) Annual sales greater than $1 billion Class 1 42% (5,089) Annual sales less than $1 million Class 2 40% (4,761) Annual sales between $1 million and $10 million Class 3 14% (1,666) Annual sales between $10 million and $50 million Class 4 4% (490) Annual sales greater than $50 million NMSDC- Certified MBEs
  • 11. Connecting MBEs to Growth and Capacity: Challenges and Opportunities •People •Process •Products Operational Competency Access to Capital Capacity Building Three Strategic Areas of Focus •Financing •Credit Terms •Contracting Terms •New Markets •New Partners •Mergers & Acquisitions •Global-Link 1. Advanced Management Education Program (AMEP) 2. Conference 3. Enterprise-wide Learning Events 4. Minority Business Executive Program (MBEP) 1. Mergers & Acquisitions Summit 2. Business Consortium Fund 3. Resource List 1. NMSDC Certification 2. Corporate Plus® 3. Centers of Excellence 4. Joint Venture Strategy 5. CPO Summit 6. Mergers & Acquisitions Summit 11
  • 13. 13 Top-performing Minority Business Enterprises (MBEs) Corporate Plus® is a special designation NMSDC reserves for the top-performing minority business enterprises (MBEs) it certifies. MBEs awarded this designation have demonstrated success in fulfilling – and building on – their national contracts. NMSDC national corporate members recommend those chosen for this honor. All recommendations are reviewed by the NMSDC Corporate Plus® Management Committee, which selects new members with the approval of NMSDC’s Executive Committee. The Corporate Plus® Management Committee welcomed a new chairman in 2014 – Jim Holloway, General Manager, Purchasing – Vehicle Parts & Materials for Toyota Motor Engineering and Manufacturing North America, Inc. Mr. Holloway’s term follows the outstanding leadership of the outgoing chairman, Steven G. Miller, Senior Vice President, Strategic Sourcing & Procurement and Facility Services Support for The Walt Disney Company. With Mr. Miller’s retirement from Disney, NMSDC and his fellow committee members joined in thanking him for his remarkable service and in wishing him the very best in his new endeavors. Joining the Committee in 2013 were David W. Barfield, President and CEO of The Bartech Group, Inc., and Cory Locke, Vice President, Global Categories at Hewlett-Packard Company, with Heidi Hemmer, Vice President, Supply Chain Segment, Verizon Communications, joining them in 2014. PROGRAMS Highlights2013
  • 14. 14 Each year, NMSDC hosts professional development seminars that provide supplier diversity leaders at member corporations with examples of best practices in minority supplier development. These seminars are held nationally and regionally to explore the full range of issues that impact minority supplier development. In 2013, 150 managers participated in the national seminar, which was held July 9-11 at the Hilton Chicago, with the theme “Minority Supplier Development: Delivering ROI.” The regional seminars seek to provide professionals in sourcing and supplier diversity with access to the most effective, up-to-date concepts in supplier diversity process management. For 2013, the regional seminar series – facilitated by RGMA, Inc. – had the theme “Minority Supplier Development: Collaborative Strategies.” The first seminar, in Atlanta in April 2013, was hosted by United Parcel Service and drew 43 attendees. Chevron Corporation and Pacific Gas and Electric Company hosted the second seminar, in San Francisco in June, and it drew 40 attendees. Participation in all NMSDC seminars allows attendees to earn continuing education hours that can be applied toward Institute for Supply Management CPSM® , CPSD™ and C.P.M. recertification and/or A.P.P. re-accreditation program requirements. Minority Business Program Manager’s Seminar In June of 2013, NMSDC welcomed 32 minority business chief executive officers – representing 17 affiliate councils – to its Advanced Management Education Program (AMEP) at Northwestern University’s Kellogg School of Management. With the goal of providing significant opportunities for growth and business development for some of our best and brightest Asian, Black, Hispanic and Native American business owners, the program offered a four-day, customized executive management program for these CEOs—designed to explore and address the challenges faced by a growth-oriented minority firm. Distinguished academics, corporate buyers, financial and other functional specialists and business consultants comprised the program’s faculty. Some 28 corporate sponsors provided scholarships for all 32 graduates. Among the attendees, the average sales of manufacturing/distributing and service companies were $46 million and $12 million, respectively. Advanced Management Education Program In May 2013, NMSDC announced it was embarking on a new, synergistic partnership with the Business and Economic Development Center of the University of Washington’s Foster School of Business to further the development of minority-owned businesses across the U.S. The Foster School of Business is the nation’s most comprehensive business school center devoted to the growth of minority-owned firms and businesses in low- and moderate-income communities. This new alliance--the Minority Business Executive Program--underscores the importance of the development of MBEs, from idea to incorporation, and its aim is grow them more effectively and in greater numbers. NMSDC/University of Washington Alliance
  • 15. AT&T Inc. and Telamon Corporation Alcatel-Lucent and SHI International Corporation The Allstate Corporation and Sayers40, Inc. Chrysler Group LLC and Ryan Industries, Inc. Cisco Systems, Inc. and D.W. Morgan Company, Inc. The Coca-Cola Company and Harris & Ford, LLC Communications Test Design, Inc. and Summit Container Corporation Ford Motor Company and Choctaw-Kaul Distribution Company General Motors Company, LLC and ChemicoMays, Inc. JPMorgan Chase & Co. and A&R Janitorial Services, Inc. In 2013, NMSDC rechristened its annual salute to corporate/minority business partnerships as the Leadership Awards, but for a final time in 2013 the event was known as the annual Dinner-Dance, held May 22 at the New York Hilton and Towers. Some 1,500 guests attended the black-tie event, including national CEOs, corporate executives and minority business owners. David Hernandez, chief executive officer of Liberty Power – one of the largest minority-owned utility companies in the country – served as the Master of Ceremonies. Awards were presented to 20 corporate/minority business partnerships. NMSDC corporate members selected NMSDC-certified minority suppliers who had been their partners continuously for 10 years, sharing a current contract valued at $5 million or more. The winning partnerships were success stories based on mutual history, an evolving relationship and how the supplier added value to the corporation’s supply chain. NMSDC presented each corporate/minority business success story pair in attendance with a medallion and shared its stories and photos with the corporate guests. EVENTS The Kroger Company and TWT Distributing, Inc. Marriott International, Inc. and Tronex International, Inc. Merck & Co., Inc. and ASH Ingredients, Inc. Northrop Grumman Corporation and APR Consulting, Inc. Raytheon Company and Banneker Industries, Inc. Shell Oil Company and Chickasaw Distributors, Inc. Southern California Gas Company and Uchida Pipe & Industrial Products Sprint Nextel Corporation and Perfect Output of Kansas City, LLC United Technologies Corporation and Arnold-Hanafin Corporation Verizon Communications and Brightstar Corporation Dinner-Dance 2013 Honorees 15 Highlights2013
  • 16. 16 NMSDC Conference and Business Opportunity Fair NMSDC’s signature event—the 2013 Conference and Business Opportunity Fair—drew almost 6,000 corporate executives, supplier diversity professionals, government agency representatives and minority business owners from around the world to San Antonio’s Henry B. Gonzalez Convention Center October 27-31. “Connect for Growth: Minority Businesses and Corporate America” was the theme for the four-day event that featured workshops and plenary sessions lead by top procurement executives and leading MBEs, and culminated with a black-tie Awards Banquet. Heriberto Guerra, Jr. of Avanzar Interior Technologies and Stephen J. Felice of Dell were the MBE and corporate conference co-chairs, respectively. The event had an economic impact of $31 million on the city of San Antonio. NMSDC also introduced two new corporate awards at the Awards Banquet. • The Corporate Excellence in Access to Capital Award – recognizing a corporation with an exceptional corporate initiative and/or program providing access to capital solutions or unique financial arrangements to minority suppliers – was presented to Bank of America Corporation for its Small Business Reserve Grant Program. • The Corporate Innovation Award – recognizing a new corporate method, initiative or process to acceler- ate and positively impact minority supplier development in support of NMSDC’s vision, mission and core capabilities – was presented to Chrysler for its High Focus Supplier Program, encouraging lower performing suppliers to improve by creating a structured reporting process.
  • 17. 17 • Reginald K. Layton, Executive Director, Supplier Diversity and Business Development, Johnson Controls, Inc. (JCI) was named Minority Supplier Development Leader of the Year. • The awards for National Suppliers of the Year went to: AD PRO of Huntington Beach, CA (sales less than $1 million); 21st Century Expo Group in Temple Hills, MD ($1 million - $10 million in sales); Way To Be Designs of Hayward, CA ($10 million - $50 million in sales); and Guy Brown of Brentwood, TN ($50 million-plus in sales). • Twelve awards were presented to Regional Suppliers of the Year: NMSDC presented awards for individual leadership to: 4 Cube Care Company, Miami Lakes, FL 4 Custom Service Plastics, Inc., Lake Geneva, WI 4 Diamond Restoration, LLC, Nashville, TN 4 GDKN Corporation, Pembroke Pines, FL 4 Metal-Era, Waukesha, WI 4 New Age Communications, Louisville, KY 4 Osceola Consulting, Tiburon, CA 4 Pride Technologies, New York, NY 4 Rose International, Inc., Chesterfield, MO 4 Tempo Creative Consultants, Minnetonka, MI 4 World Wide Technology, Inc., Maryland Heights, MO 4 Zycron, Inc., Nashville, TN The Regional Council of the Year Award was presented to the Houston Minority Supplier Development Council for providing outstanding service to hundreds of corporations and minority businesses in the state of Houston. HMSDC President Richard Huebner accepted the award. A jubilant Tracy Stanhoff of AD PRO was named Class I Supplier of the Year. Highlights2013
  • 18. 18 “Leveraging Private Equity Funds to Grow Your Business” was the topic of the Corporate Plus® Forum 2013, held October 27, 2013, in San Antonio during NMSDC’s annual Conference. Designed and facilitated by Ralph G. Moore, President of Ralph G. Moore Associates, the Forum’s topic was chosen based on feedback from evaluations of the 2012 Forum. Joining Mr. Moore in the presentation to 60 attendees were Craig Fowler, Bank of America; Daphne Dufresne, RLJ Equity Partners, LLC; Qian N. Elmore, ICV Partners; Alan R. Jones, Blaylock Robert Van, LLC (a Corporate Plus® member); and Gerry Paez, Supplier Capital Partners, LLC. The reception that followed recognized four new Corporate Plus® members, each of whom was presented with a pin and a banner. Throughout the 2013 Conference, NMSDC Corporate Plus® members were an impressive presence. Some 34 Corporate Plus® members had booths in the Business Opportunity Fair, and – with 43% of Corporate Plus® members reporting – the spend with other MBEs totaled $326 million. Among the Corporate Plus® members who participated in panels in San Antonio were Bruce Geier, Technology Integration Group); Timothy M. Harris (Harris and Ford, LLC); Stephen Hightower (Hightowers Petroleum Co.); Carl Satterwhite (The RCF Group); Janice Bryant Howroyd (Act•1 Group); and – from the Telamon Corporation – Albert Chen, Stanley Chen and Stephanie Chen Fuhrmann. David Wheeler of Cintas led a discussion on succession planning with the Chen family of Telamon Corporation.
  • 19. 19 Janice Bryant Howroyd, founder of the Act•1 Group shares her inspirational journey to success. Siblings Stephanie Chen Fuhrmann and Stanley Chen of Telamon Corporation share at light moment at a luncheon. Minority Supplier Development: Delivering ROI Highlights2013
  • 20. Stephen Hightower II and his fellow MBEs engage in a discussion at the 2013 Advanced Management Education Program at the Kellogg School of Management. MBES IN ACTION: KELLOGG SCHOOL OF MANAGEMENT Oklahoma City Mayor Mick Cornett pres- ents NMSDC President Joset Wright-Lacy with a key to the city at an event hosted by the former Oklahoma MSDC in July 2013. 3 THE KEYS TO OKLAHOMA CITY CORPORATE PLUS® Ying McGuire (left) of Technology Integration Group, Joe Blackstone of Blackstone Consulting and Darlene Fuller of Sodexo share a laugh at the 2013 Corporate Plus® Reception in San Antonio.4 In Pictures2013 6 20
  • 21. Denise Coley of Cisco Systems (center) accepts the Global-Link Award from NMSDC President Joset Wright-Lacy and Eric Vicioso, director of the International Program, at the 2013 NMSDC Conference. Also pictured are Gary Joseph of the South African Supplier Diversity Council (left) and Mayank Shah of Minority Supplier Development United Kingdom (right). 3 NMSDC Vice Chairman Shelley Stewart, Jr. (far right) and his DuPont colleagues enjoy the reception at the 2013 Minority Business Leadership Awards Dinner-Dance. LEADERSHIP AWARDS 6 GLOBAL LINK LEADERSHIP AWARDS Benita Fortner (second from left) of Raytheon Company and Cheryl W. Snead (second from right) of Banneker Industries were honored for their long-standing partnership.4 21
  • 22. 22 Our 2013 Supporters Special Recognition bravo
  • 23. 23 AT&T Corporation American Express Company BP America Central and North Florida Minority Supplier Development Council Chevron Corporation D.W. Morgan Company DTE Energy Company Dallas/Fort Worth Minority Supplier Development Council Exxon Mobil Corporation Ford Motor Company GlaxoSmithKline The Home Depot Honda of America Manufacturing Indiana Minority Supplier Development Council Johnson & Johnson Louisiana Minority Supplier Development Council Maryland/D.C. Minority Supplier Development Council Merck & Co., Inc. Michigan Minority Supplier Development Council Pennsylvania-New Jersey-Delaware Minority Supplier Development Council Pfizer, Inc. The Procter & Gamble Company South Central Ohio Minority Supplier Development Council Southern California Minority Supplier Development Council Telecommunications Industry Group Toyota Motor Engineering and Manufacturing North America, Inc. U.S. Bank Wells Fargo & Company Western Pennsylvania Minority Supplier Development Council Scholarships for Advanced Management Education Program The National Minority Supplier Development Council acknowledges with appreciation the following generous support:
  • 24. 24 LEADERSHIP AWARDS 6 Special Recognition Contributions for Centers of Excellence The Interpublic Group of Companies Jones Lang LaSalle Chairman’s Legacy Grant Harley-Davidson, Inc. Hosts for Regional Minority Business Program Managers’ Seminars Atlanta United Parcel Service, Inc. San Francisco Chevron Corporation Pacific Gas and Electric Company Funding for International Program, Business Missions and/or Reception AT&T Corporation Chrysler Group LLC Cisco Systems, Inc. Cummins Inc. D.W. Morgan Company Dell Inc. Exxon Mobil Corporation Ford Motor Company General Motors Corporation GlaxoSmithKline Hewlett-Packard Company IBM Corporation Johnson Controls, Inc. Merck & Co., Inc. Pfizer, Inc. Raytheon Company
  • 25. 25 5 Our 2013 Supporters AT&T Corporation Accenture Altria Client Services BP America Bank of America Corporation Caesars Entertainment Corporation Capital One Chevron Corporation Chrysler Group LLC The Coca-Cola Company ConocoPhillips DTE Energy Company Dell Inc. Ford Motor Company General Motors Corporation GlaxoSmithKline Scholarships for Minority Business Executive Program Southern Florida Minority Supplier Development Council Henkel of America Honda of America Manufacturing Hyatt Hotels & Resorts Johnson & Johnson Macy’s, Inc. Mondelez International Monsanto Pacific Gas and Electric Company Raytheon Company Shell Oil Company SodexoMAGIC Target Corporation United Parcel Service Verizon Communications Wal-Mart Stores, Inc. Wells Fargo & Company 2013 Conference and Business Opportunity Fair Special Event Sponsors Other Conference Underwriters AT&T Corporation Chrysler Group LLC R.R. Donnelley & Sons Gonzalez Office Products IBM Corporation Sprint Nextel Corporation Toyota Motor Engineering and Manufacturing North America, Inc. Tyco International Xerox Corporation 2013 Dinner-Dance Contributions Amgen Inc. Baldwin Richardson Foods Company Blackstone Consulting Market Probe Recall Corporation
  • 26. 26 Our 12,000-plus certified minority business enterprises (MBEs) are the lifeblood of the corporate supply chain—providing the most innovative, cost-effective products, services and solutions to corporations across a broad spectrum of industries. More than 80 of our certified suppliers have distinguished themselves for their proven ability to execute national contracts, earning our Corporate Plus® designation. On the following pages, meet the four MBEs selected to join Corporate Plus® in 2013. CORPORATE PLUS ® MBE PROFILES
  • 27. 27 Since its founding in 1981, Faison Office Products, Inc. has become a major force in its field, while also winning national recognition as an exemplary small-, disadvantaged-, minority-, veteran-owned and operated business. From its Aurora, Colorado, headquarters, Faison provides quality office supplies, office furniture, computer supplies and peripherals, facility supplies and eco-friendly products as well as specialty item solutions for business and government entities nationwide. The company also offers technology support, computer repair and copier and office machine sales and maintenance. Jared D. Casey, Jr. is the president and CEO of Faison Office Products.The company has 102 employees (21 minority) and continues to grow organically and through acquisitions, with distribution centers in North Carolina and the North Dakota/Montana region. Faison’s regional affiliation is with the Mountain Plains Minority Supplier Development Council. Citigroup is its Corporate Plus® sponsor. Vocalink Language Services creates a full multilingual managed solution for its clients. Through its worldwide network of skilled linguists and its proprietary global content solutions, Vocalink helps companies centralize their international communications by managing the corporate message across cultures and within international markets. Founded by Amelia Rodriquez in 1995 as an interpretation company serving the local Dayton, Ohio, market, Vocalink expanded its product line in 1998 to include translation services— resulting in an accelerated annual growth rate of over 40 percent, which continues today. Vocalink now has offices in Cincinnati, Cleveland and Louisville, while servicing client accounts globally through offices in Cairo and Madrid, in addition to offering technology-based solutions. Amelia Rodriguez is the CEO of Vocalink Language Services, a company she founded in 1995. The firm’s affiliate council is the Ohio Minority Supplier Development Council. Standard Register Company is its Corporate Plus® sponsor.
  • 28. Now in its 25th year of operation, Perfect Output LLC provides office document management services and strategies. Its success is based on its ability to blend the attributes of a smaller, more agile service organization with the technological, product and distribution industry leadership that its partners represent. John Walker is the owner and CEO of Perfect Output, a company he established in 1997. For businesses throughout the U.S., Canada and Puerto Rico, Perfect Output manages over 5,000 output devices including multifunctional devices, printers and production equipment. Its services include maintenance, supplies, fleet management/analysis and advanced technological solutions. Twenty of the company’s 59 employees are minority. Perfect Output’s regional affiliation is with the Mountain Plains Minority Supplier Development Council. Sprint is its Corporate Plus® sponsor. Harris & Ford LLC is a major distributor of chemicals, ingredients and related products and services for food, personal care, cosmetic, pharmaceutical, water treatment and industrial customers. The company has earned industry-wide respect for its vision, integrity and proficiency in the distribution business through a commitment to exceeding customer expectations by employing enhanced measurable value and result oriented solutions. Harris & Ford was established in 1994 by Tim Harris, Joe Ford and Chris LaMothe. Located in Indianapolis – an ideal hub for warehousing and shipping nationwide – Harris & Ford can take advantage of the city’s rail, air and highway systems to accommodate customized and industrial cargo handling. The geographical proximity of suppliers and manufacturers, combined with the balance of transportation systems, reduces inventory and transportation costs. All but 10 of Harris & Ford’s 59 employees represent minorities. Harris & Ford’s regional affiliation is with the Mid-States Minority Supplier Development Council. The Procter & Gamble Company is its Corporate Plus® sponsor. 28
  • 29. Call out Here Call out Here Call out Here Corporate Plus® MBEs distinguish themselves by their proven ability to execute national contracts. 29
  • 30. 30 NATIONAL CORPORATE PLUS® MEMBERS Act•1 Group AEL Span, LLC ASI Corp. Acro Service Corporation Aldelano Packaging Corporation All American Meats, Inc. Alliance of Professionals & Consultants, Inc. American Product Distributors, Inc. Aquent, LLC Artech Information Systems, LLC Aspen Group, Inc. Atlanta Peach Movers, Inc. B & S Electric Supply Co., Inc. Baldwin Richardson Foods Co. The Bartech Group Blackstone Consulting, Inc. Blaylock Robert Van, LLC CB Tech CSA Central, Inc. & CSA Architects & Engineers ChemicoMays, LLC Collabera, Inc. Colonial Press International, Inc. Devon Facility Management LLC Eagle Promotions Electro-Wire, Inc. EWIE Co., Inc. Faison Office Products, Inc. Freight Solution Providers Gali Service Industries, Inc. Garcia Construction Group, Inc. Gonzalez Saggio & Harlan LLP Goodman Networks, Inc. Ernie Green Industries, Inc. Group O, Inc. Harris & Ford, LLC Heritage Vision Plans, Inc. Hightowers Petroleum Company Image Projections West, Inc. Infinite Computer Solutions, Inc. Integrated Systems Analysts, Inc. JS Products, Inc. Kem Krest Corporation LaCosta Facility Support & Services, Inc. Liberty Power Corp. López Negrete Communications, Inc. MPS Group, Inc. MW Logistics, LLC MarkMaster, Inc. MasTec, Inc. The Matlet Group, LLC Mays Chemical Company, Inc. D. W. Morgan Company, Inc. NuTek Steel, LLC PS Energy Group, Inc. Pacific Rim Capital, Inc. Perfect Output Prystup Packaging Products Quality Packaging Specialists International, LLC Radio One, Inc. The RCF Group Rose International, Inc. Rush Trucking Corporation SBM Site Services, LLC SDI International Corp. SET Enterprises, Inc. SHI International Corp, Inc. Sayers40, Inc. South Coast Paper, LLC Summit Container Corporation Superior Maintenance Co. Synova, Inc. Taylor Bros. Construction Co., Inc. Technology Integration Group (TIG) Telamon Corporation Telcobuy.com THOR Construction, Inc. Total Technical Services, Inc. Trillion Communications Corporation Tronex International, Inc. Urban Lending Solutions VisionIT Vocalink Language Services The Williams Capital Group, L. P. World Pac Paper, LLC World Wide Technology, Inc. Zones, Inc.
  • 31. 31
  • 33. 33 Corporate America’s unwavering commitment to supplier diversity fuels the continued success of NMSDC and our certified suppliers. Matchmaker events, mentor-protégé programs and capacity-building initiatives designed to build and strengthen the supply chain underscore the value corporations place on strong, solid diverse suppliers. On the following pages, we highlight three corporate members—Bank of America, Chrysler Group LLC and The Kroger Co.—and their“outside the box” supplier diversity processes.
  • 34. 34 Bank of America, the second largest bank holding company in the U.S., has been in the vanguard of corporate minority supplier development since the company instituted its Supplier Diversity and Development Program almost a quarter of a century ago. Leading The Charge Tiffany Eubanks-Saunders, Senior Vice-President and Enterprise Services Executive, reports that, in 2013, Bank of America spent $2.3 billion with minority suppliers, with $1.5 billion of that total going to NMSDC-certified MBEs. As the Supplier Diversity and Development Program approaches its 25th anniversary in 2015, Bank of America has restructured its efforts over the last three years in three specific areas – 1) supplier development; 2) diverse and small business capacity building; and 3) supplier mentoring. The formal Supplier Development Program will relaunch in 2015, with a focus on providing a year-long development experience for select diverse suppliers. This experience is designed to provide intimate coaching Business Education Funding Sources Scholarships Supplier Diversity Champions Tiffany Eubanks-Saunders leads supplier diversity activities at Bank of America.
  • 35. 35 and development opportunities and structured curriculum, with the goal of taking businesses to the next level. “As a result of our restructuring, we’ve created initiatives that are long-term enhancements to the Program, and we anticipate experiencing the positive outcome of these initiatives for years to come,” Eubanks-Saunders says. “The Bank of America Supplier Diversity and Development Team have developed two critical workshops for Diverse Suppliers – the ‘Small Business Institute’ and ‘Credit and Lending Options for Small Business.’ Bank of America maintains a scholarship fund that helps diverse and small businesses pursue continuing educational experiences that enhance their business capabilities and overall competitiveness in the marketplace. The fund was redesigned in 2011 to provide distinct scholarship levels that give participants great flexibility in obtaining business education that fits their specific needs. Eubanks-Saunders adds that Bank of America will award a significant number of these enhanced scholarships in the next year. In the banking and financial services industry, Bank of America has forged vital and enduring relationships with MBEs. We are pleased to have a 30-plus-year relationship with MarkMaster, not only as its client, but as a mentor and a financial partner,” Eubanks-Saunders says. “Today, MarkMaster provides Bank of America name badges, name plates and rubber stamps; stanchions; Bank of America stock and custom banners; U.S., State and Bank of America corporate flags; commemorative acrylic awards; and deal-closing lucites, as well as notary commissions and other supplies.” “We’ve partnered with MarkMaster on several initiatives, including e-commerce, environmental, international trade and Six Sigma,” she adds. “These skills have been used to make MarkMaster more successful not only with Bank of America, but to become the premier supplier in its field. In the last three years, Bank of America has brought significant focus to identifying diverse suppliers for non-traditional opportunities. To sharpen that focus, the company emphasized its search for MBEs; the development of MBEs (analysis of their revenue concentration and financial viability); and coaching for MBEs in revenue diversification.
  • 36. 36 “In areas like global technology – where large, ‘majority-owned’ primes are the manufacturers of goods – Bank of America has actively engaged with council presidents to advise of potential partners to assist in delivering these services,” Eubanks-Saunders states. “In the last year, we’ve awarded a direct contract to World Wide Technologies. For the call center commodity, we have awarded a global contract to an MBE. While this RFP was extremely challenging, with global specifications, there was strong support of our MBE candidate (at all levels of leadership) throughout the process.” Across its business units and departments, Bank of America continues to benefit from the positive impact minority suppliers are having and look for new opportunities. In that regard, Eubanks-Saunders points to the promise of a remarkable strategic alliance the company has brokered. “Bank of America introduced and is currently providing support for a high-potential, strategic alliance between Meridian Technologies Consulting (which has an impressive value-add with its commitment to mentorship and sales training for MBEs) and Global Networkers,” she says. “This strategy reflects the opportunity to align the synergies of a larger, longer-established firm with a smaller, more niche-focused firm. The Supplier Diversity and Development team recognized that these two firms could learn a great deal from one another, share their relationship resource pool for increased sales, leverage different geographic locations, and continue to both support BAC in a new delivery model. Last year, they worked with Bank of America executives to review its ‘first to market’ concept. They are currently working to solidify the implementation of their joint company.”
  • 37. 37
  • 38. $ 2.2 BILLION Tier I Initiative: Minority Suppliers Making automobiles has become a complex, high-tech business model, so Chrysler’s enduring commitment to supplier diversity in every facet of its business affirms the importance – and the value – of working with minority-owned suppliers. Kevin Bell is Senior Manager, Diversity Development, for the Chrysler Group LLC. He points to the fact that, in 2013, Chrysler – working with some 200 minority suppliers across its business – spent $2.2 billion with minority suppliers in its Tier I initiative, an increase of some $200 million over the previous year. “And that number keeps growing,” Bell adds, noting the speed with which Chrysler recovered from the economic downturn that hurt automobile manufacturing. Driving To The Top Kevin Bell helps Chrysler stay focused on minority suppliers’ success. High Focus Program Supports Greater Supplier Diversity. 38
  • 39. 39 “In 2009, because of the economic decline, we spent about $1 billion with our certified suppliers. So we were able to double that spend in just three years.” “We are on a positive track on two fronts,” Bell continues. “One is our Tier 1 spending levels and spending percentages. At the same time, we increasingly make progress on our Tier 2 spending numbers, working with our direct suppliers to make sure they have strong and robust spending objectives and meet our objectives with their supply base.” Bell says that among many of Chrysler’s key direct suppliers – large, publicly-traded Tier 1 corporations that supply engines, transmissions, axles and other essentials – diversity can present challenges. To encourage Tier 1 suppliers to reflect Chrysler Group’s corporate value to support greater supplier diversity, the company’s High Focus Program, instituted in 2010, creates a structured process that brings new tools to assist Tier 1 suppliers in developing their own sustainable supplier diversity strategies, and fostering access to strong MBEs nationally and internationally. “This year, we were presented NMSDC’s first Corporate Innovation Award as a result of our High Focus Program,” Bell says. “When we launched the program, we reached out to 160 large, multibillion-dollar corporations that collectively spent just over $150 million with diverse suppliers. Last year, three years into the program, those same 160 suppliers spent $1billion. So it had gone up tenfold. Next year, those suppliers are on track to exceed those numbers.” “I like to point out that, with the $2 billion we paid to minority suppliers last year, all that business is won,” he emphasizes. “At times, there’s this belief that minority businesses are awarded through non-competitive processes, that we lower our standards.
  • 40. We can be unequivocally clear that they won that business because what they offered was better – better service, better price, better quality, better logistical support.” To illustrate, Bell cites ChemicoMays, under the leadership of Leon Richardson. “ChemicoMays manages our paint-shop facilities – all the products and chemi- cals, waste reduction activities that take place within our paint shop,” he says. “It’s a huge operation. We introduced them three years ago, and we gave them one plant, as a kind of trial. They have performed so well that currently they have all of our paint-shop chemical management programs for all of our assembly plants in North America.” Minority suppliers run the gamut of Chrysler’s portfolio, Bell says. Flex-N-Gate provides Chrysler with everything from steel-based products to interior chemical-related products; SET Enterprises supplies steel to Chrysler; the marketing/advertising company GlobalHue has worked with Chrysler for many years; and Pacific Rim Capital provides the company with leasing options. “In all aspects of our business, we have strong, diverse suppliers,” Bell says. “Whether it’s the core product or core services, there are strong contributors in almost every commodity space in which we participate.” 40
  • 41. 41
  • 42. One of the world’s largest grocery retailers, The Kroger Co. intensified its commitment to minority-supplier development throughout 2013, a year in which the company’s sales totaled $98.4 billion. Kroger divided more than $1.3 billion in expenditures between its first- and second-tier MBEs, exceeding its goal of maintaining a place at the Billion Dollar Roundtable. Denise Thomas, Kroger’s Director of Corporate Supplier Diversity, also points out that the supplier diversity program has become a prime consideration in the company’s planning in a year that has seen major restructuring and improvements in process and sourcing at Kroger. “Our supplier diversity team has been able to get involved very early in these changes, to have input about how we work, so the supplier diversity program has not been negatively affected,” Thomas says. “We’ve been able to get the commitment from senior management to make sure that happens.” Thomas is particularly proud of her team’s work in the development of a new supplier information management element in a new e-sourcing tool Kroger has developed. “What I like about this new portal is that we have incorporated a lot of our questions in the supplier management tool”, she says. “Eventually, it will erase the need to have a separate supplier diversity registration tool. I want our diverse suppliers to be able to register right there on that management tool, so everyone in the organization sees that information immediately.” Thomas also notes that – unlike other grocery retailers that outsource – Kroger manufactures all of its own private-label products through some 38 separate manufacturing plants. To ensure supplier diversity in this sprawling configuration, the company instituted the Manufacturing Kroger Brands Supplier Diversity Business Interchange. An Increased Commitment to Supplier Diversity Yields Big Results Kroger Divided More Than $1.3 Billion Among MBE Suppliers. 42
  • 44. As Relationships Grow, They Branch Out Into Other Areas. 44 “We brought in about 40 suppliers – not a large number, but they were specific to private-label manufacturing,” she adds. “We had the suppliers meet directly with the buyers who source the products. The intro, the face-to-face, our follow-up with them on next steps – it was very productive. A lot of business came out of it for those suppliers, and it began with their being able just to sit down and meet.” Because of the breadth of Kroger’s business, the company relies on a variety of supliers in its core business. Among the MBEs that stood out in 2013 was Hightowers Petroleum, which provides fuel for Kroger’s fuel stations in the Cincinnati/Dayton area. “We have been doing business with Hightowers for five years, and our spend with them continues to grow,” Thomas says. “It is a little unique because we have always bought fuel directly from a refinery – we have over 1,200 fuel centers – and Hightowers isn’t actually a refinery. But they found a way to deliver the product, still
  • 45. 45 be competitive and bring us a unique value-added proposition.” Thomas also points to the success of the sale of sushi in Kroger stores, a product brought to the company by the Lwin Family Company, which owns Hissho Sushi. “We didn’t even have sushi in our stores, and now it’s a multi-million dollar area of our business,” Thomas adds. She cites Kroger’s top Hispanic and Mexican food suppliers – Reese Foods, Cacique, Marquez Brothers International – that have developed unique opportunities with and for the company. On the non-retail side at Kroger, the minority supplier development spend is across the board, from the architects, general contractors and engineers who ensure the ideal environment for Kroger, to ingredient and packaging suppliers. Thomas also points to the work of an outside ad agency, Excel Edge, which began with Kroger by assisting the in-house marketing team on multicultural issues and now includes involvement with Kroger’s corporate branding. “That relationship has really taken off, and it started in a specific area,” Thomas notes. “As the relationship has grown, you see it branching out into other areas.”
  • 46. 46 NMSDC has remained one of the nation’s leading advocates for supplier diversity for more than 40 years because of corporate members’ shared vision and embrace of our mission. Their leadership on the NMSDC Board of Directors, Affiliate Council boards, Industry Groups and engagement in NMSDC programs continues to shape and guide the organization. Listed on the following pages are our: 4 NMSDC Board of Directors 4 National Corporate Members 4 Affiliate Councils A Shared Vision NMSDC Leadership
  • 47. TREASURER Mr. Dennis P. Miller* Senior Vice President and Controller J. C. Penney Company, Inc. SECRETARY Ms. I. Javette Hines* Senior Vice President Supplier Diversity and Sustainability Citigroup, Inc. PRESIDENT Ms. Joset Wright-Lacy* CHAIRMAN Mr. Keith E. Wandell Chairman, President and Chief Executive Officer Harley-Davidson, Inc. VICE CHAIRMAN Mr. Shelley Stewart, Jr. Vice President Sourcing & Logistics and Chief Procurement Officer DuPont 2013 BOARD OF DIRECTORS Mr. Sam Abdelmalek Director, Global Supply Management United Technologies Corporation Mr. Farad Ali Project Director, MBDA Business Center North Carolina Institute of Minority Economic Development Mr. Mark Artigues Senior Director, Supplier Diversity and Corporate Social Responsibility Alcatel-Lucent Mr. David W. Barfield Chief Executive Officer The Bartech Group Mr. Ricardo Barrientos Senior Director, Supplier Diversity PepsiCo, Inc. Ms. Jill B. Bossi Vice President and Chief Procurement Officer The American Red Cross Ms. Julia M. Brown Senior Vice President and Chief Procurement Officer Mondelez International, Inc. Ms. Brenda L. Burke Director, Supplier Diversity WellPoint, Inc. Ms. Elaine Caprio Vice President of Corporate Procurement Liberty Mutual Group Mr. Albert Chen Chairman and Chief Executive Officer Telamon Corporation Ms. Joyce Christanio Manager, Supplier Diversity Sprint Nextel Corporation Ms. Denise Coley Director, Global Supplier Diversity Business Development Cisco Systems, Inc. Mr. T. Thomas Davis Vice President, External Supplier Diversity Cartus Corporation Ms. Nancy Deskins Director, Supplier Diversity and Corporate Agreements Lockheed Martin Corporation Ms. Sonya L. Dukes Senior Vice President and Director of Corporate Supplier Diversity Wells Fargo & Company Ms. Tiffany N. Eubanks-Saunders Senior Vice President and Senior Supply Chain Manager Bank of America Corporation 47
  • 48. Ms. Benita Fortner Director, Supplier Diversity Programs Raytheon Company Mr. Clint W. Grimes Executive Director, Procurement Services Office Time Warner, Inc Mr. Nick Gunn Vice President Global Procurement Hewlett-Packard Company Mr. Robert J. Halter, C.P.M.* Executive Director, Purchasing Services and Business Diversity Indiana University Ms. Heidi Hemmer Vice President Supply Chain Segment Verizon Communications Mr. Fernando J. Hernandez Supplier Diversity Director Microsoft Corporation Mr. Mike Hoffman Vice President Global Procurement Pfizer Inc. Mr. Jim Holloway General Manager Supplier Relations Toyota Motor Engineering and Manufacturing North America Ms. Betsy Hosick General Manager, Strategic Capability Chevron Corporation Mr. Sigmund E. Huber Senior Director Supplier Relations Chrysler Group LLC Mr. Richard A. Hughes Chief Purchasing Officer The Procter & Gamble Company Mr. Reginald E. Humphrey Supplier Diversity Manager General Motors Corporation Ms. Tami R. Hunter Supplier Diversity Lead ConocoPhillips Ms. Beverly A. Jennings Head, Office of Supplier Diversity and Inclusion Johnson & Johnson Ms. Debra A. Jennings-Johnson Director, Supplier Diversity BP America, Inc. Mr. Sidney Johnson Senior Vice President Global Supply Management Delphi Automotive, LLP Mr. Gary Kallenbach Vice President, Global Procurement United Parcel Service, Inc. Mr. Fred Keeton Vice President, External Affairs and Chief Diversity Officer Caesars Entertainment Corporation Ms. Joan N. Kerr Director, Supplier Diversity and Supplier Development Pacific Gas and Electric Company Mr. Salah Khalaf Senior Manager Supplier Diversity Sam’s Club Wal-Mart Stores, Inc. Ms. Patrice N. Knight Vice President Operations- Global Procurement International Business Machines Corporation Mr. William F. Kornegay* Senior Vice President Supply Management Hilton Worldwide Mr. Thomas E. Lake Division Manager North America Purchasing Honda of America Manufacturing, Inc. Mr. Reginald K. Layton* Vice President Supply Chain Sustainability and Business Development Johnson Controls, Inc. Mr. Fernando Martinez* President and Chief Executive Officer Northwest Mountain Minority Supplier Development Council Ms. Ruby McCleary Director, Supplier Diversity United Airlines, Inc. Ms. Farryn Melton, C. P. M.* Senior Vice President and Chief Procurement Officer Bristol-Myers Squibb Company 48
  • 49. Ms. Rohena A. Miller President and Chief Executive Officer Niche Marketing, Inc. Ms. Denise Naguib Vice President, Sustainability and Supplier Diversity Marriott International, Inc. Mr. Robert W. Noel Vice President, Procurement Exxon Mobil Corporation Ms. Natalie E. Norfus Chief Diversity Officer Associate General Counsel, Human Resource and Compliance Burger King Corporation Mr. Pavan Pattada Senior Vice President Corporate Supply Chain Eaton Corporation Ms. Carla Preston Director, Supplier Diversity Development Ford Motor Company Ms. Gloria D. Pualani Corporate Director SEBP/Government Northrop Grumman Corporation Ms. Terri L. Quinton* Chief Executive Officer Alliance of Diversity Printers, LLC Mr. Roderick Rickman Chairman and Chief Executive Officer Rickman Enterprise Group, LLC Mr. Quentin Roach Senior Vice President and Chief Procurement Officer Merck & Co., Inc. Dr. Sally Saba Executive Director National Supplier Diversity Kaiser Foundation Health Plan, Inc. Mr. Guy Schweppe Vice President Software and CPU Procurement and Innovation Strategy Dell Inc. Mr. James J. Sheehy Vice President, Procurement MillerCoors, LLC Mr. D. K. Singh Senior Vice President Enterprise Procurement ConAgra Foods, Inc. Mr. Mark Stolarczyk Vice President of Strategic Sourcing MGM Resorts International Ms. Barbara A. Taylor Senior Manager, Corporate Supplier Diversity Integration The Boeing Company Ms. Denise R. Thomas Director, Supplier Diversity The Kroger Company Mr. Howard E. Thompson Vice President, Purchasing Macy’s, Inc. Ms. Terrez M. Thompson Vice President Global Supplier Diversity The Coca-Cola Company Mr. Guy Wagner Director of Purchasing Administration,Cost Management and Strategy Nissan North America, Inc. Mr. David R. Wheeler* Senior Vice President Global Supply Chain Cintas Corporation Ms. Janice B. Williams-Hopkins Manager, Supplier Outreach United States Postal Service Mr. Chester R. Yancy Manager, Small and Underutilized Businesses Arizona State University *Executive Committee Member 49
  • 50. 50 AARP Abbott Laboratories, Inc. Abt Associates Inc. Accenture LLP Actavis, Inc. Adecco USA, Inc. Aetna, Inc. Aflac U.S. AGL Resources, Inc. Ahold USA, Inc. Aisin World Corporation AK Steel Holding Corporation Akebono Brake Corporation Alcatel-Lucent Alcoa, Inc. Allstate Alstom Power Inc. Altec Industries, Inc. Altria Client Services, Inc. Amdocs Inc. American Airlines, Inc. American Cancer Society American Express Company American International Group, Inc. American Red Cross American Water Works Company, Inc. Amgen Inc. AMTRAK (National Railroad Passenger Corporation) Our Core Supporters National Corporate Members ANN Inc. Anschutz Entertainment Group (AEG) Aon Service Corporation Apple, Inc. Applied Communication Sciences ARAMARK Corporation ARCADIS U.S., Inc. ArcelorMittal USA Inc. Archer Daniels Midland Company AREVA, Inc. Arizona Public Service Company ARRIS Group, Inc. Ascension Health AT&T Inc. The Auto Club Group Automatic Data Processing, Inc. Automotive Rentals, Inc. Avis Budget Group, Inc. Baker Hughes Ball Corporation Bank of America Corporation Barry Callebaut U.S.A. LLC BASF Corporation Battelle Memorial Institute Bausch & Lomb Incorporated Baxter International Inc. Bayer Corporation BB&T Corporation BBDO New York BBVA Compass Behr America, Inc. Belk, Inc. Black & Veatch Corporation BlackBerry Limited Blue Cross and Blue Shield Association BMC Software, Inc. BMO Financial Group BMW North America, LLC BNSF Railway Company BNY Mellon Corporation Boehringer Ingelheim Pharmaceuticals The Boeing Company Bon Secours Health System, Inc. Border States Electric BorgWarner Inc. Bostik, Inc. Boston Scientific Corporation BP America, Inc. Brasfield & Gorrie, LLC Bridgestone Americas Holding, Inc. Bright Horizons Family Solutions, Inc. Bristol-Myers Squibb Company Brocade Communications Systems, Inc. Brookfield Global Relocation Services, LLC BT Americas Burger King Corporation Burlington Industries, LLC C.H. Robinson Worldwide, Inc. Caesars Entertainment Corporation Campbell Soup Company
  • 51. 51 Capgemini USA Capital One Cardinal Health, Inc. Cargill, Inc. Cartus Corporation Caterpillar Inc. Catholic Health Initiatives CBRE Group, Inc. CBS Corporation CDW Corporation CenterPoint Energy, Inc. CenturyLink CHEP International, Inc. Chevron Services Company Chrysler Group LLC Ciena Corporation CIGNA Cintas Corporation Cisco Systems, Inc. CITGO Petroleum Corporation Citigroup Inc. The Clorox Company Closure Systems International Inc. CNA Financial Corporation The Coca-Cola Company Colgate-Palmolive Company Comcast Corporation Comerica Bank Communications Test Design, Inc. Compass Group, North America Division Computer Sciences Corporation Computer Task Group, Inc. ConAgra Foods, Inc. ConocoPhillips Continental AG Core Label LLC CoreLogic Corizon Health, Inc. Corning Cable Systems Covidien Ltd. Cox Communications, Inc. Cracker Barrel Old Country Store, Inc. Creative Artists Agency, LLC Crown Cork & Seal USA, Inc. CSX Transportation Inc. Cummins Inc. Cushman & Wakefield, Inc. CVS Health Darden Restaurants, Inc. DDB US Deere & Company Del Monte Foods Company Dell Inc. Deloitte Services LP Delphi Automotive, LLP Delta Air Lines, Inc. Denny’s Corporation DENSO International America, Inc. Diageo North America, Inc. DIRECTV, Inc. Dresser-Rand DTE Energy Company Duke Energy The Dun & Bradstreet Corporation DuPont Eaton Corporation Ecolab, Inc. Education Corporation of America Educational Testing Service Eli Lilly and Company EMC Corporation EMCOR Government Services Energy Future Holdings Entergy Corporation Enterprise Holdings EQT Corporation Ericsson Inc. Ernst & Young LLP Exelon Corporation Exide Technologies, Inc. Exxon Mobil Corporation Fannie Mae Farmers Insurance Group, Inc. Faurecia North America Federal Home Loan Bank of Chicago Federal Reserve Bank of Richmond Federal-Mogul Corporation FedEx Corporation Fifth Third Bancorp Firmenich, Inc. Fiserv, Inc. Fluor Corporation Ford Motor Company Forest City Enterprises Inc. GCA Services Group Inc. GENCO ATC Genentech, Inc. General Dynamics NASSCO General Electric Healthcare General Mills, Inc. General Motors Company, LLC GfK, Growth from Knowledge GlaxoSmithKline Global Experience Specialists, Inc. Goldman, Sachs & Company Goodyear Tire & Rubber Company Google, Inc. GSD&M Guidant Group GXS, Inc. Hagemeyer North America, Inc. Hallmark Cards, Inc. Harley-Davidson Motor Company Havas North America, Inc. Haworth, Inc. Health Care Service Corporation HealthTrust Purchasing Group Hearst Corporation Henkel of America, Inc. Herman Miller, Inc. The Hershey Company The Hertz Corporation The Hewlett-Packard Company Hillshire Brands Company Hilton Worldwide The Home Depot, Inc. Honda North America Hospira, Inc. Houston Independent School District Humana, Inc. Huntington National Bank Hyatt Hotels Corporation Hyundai Motor Manufacturing Alabama, LLC Iberdrola USA Illinois Tool Works, Inc. Indiana University ING Americas Ingersoll Rand Company Intel Corporation InterContinental Hotels Group Americas Interface Inc. International Business Machines Corporation International Paper Company The Interpublic Group of Companies, Inc. ITA Group, Inc. J. C. Penney Company, Inc. JM Family Enterprises, Inc. Johnson & Johnson Johnson Controls, Inc. Jones Lang LaSalle, Inc. JPMorgan Chase & Co. K2 Logistics LLC Kaiser Foundation Health Plan, Inc. Kantar Group Kellogg Company
  • 52. 52 Kelly Services, Inc. KeyBank National Association Kimberly-Clark Corporation Kohl’s Department Stores KPMG LLP The Kroger Company L Brands Las Vegas Sands Corporation Lear Corporation Leggett & Platt Incorporated Lenovo (United States) Inc. Liberty Mutual Insurance Linamar Corporation Lockheed Martin Corporation Lowe’s Companies, Inc. Mack Trucks, Inc. MacLean-Fogg Component Solutions Macy’s, Inc. Major League Baseball ManpowerGroup Marathon Petroleum Corporation, LP Marriott International, Inc. Mars Chocolate North America Marsh & McLennan Companies, Inc. Mashantucket Pequot Tribal Nation McCain Foods USA, Inc. McCormick & Company, Inc. McGraw-Hill Education McGraw-Hill Financial MeadWestvaco Corporation MedAssets Supply Chain Systems Medtronic, Inc. Memorial Sloan-Kettering Cancer Center Mercedes-Benz U.S. International, Inc. Merck & Co., Inc. Meridian Medical Technologies, Inc. Meritor, Inc. Messer Construction Company MetLife, Inc. MGA Research Corporation MGM Resorts International Michelin North America, Inc. Microsoft Corporation MillerCoors LLC Minacs Group USA Inc. Mine Safety Appliances Company Mitsubishi Hitachi Power Systems Americas, Inc. mktg, inc. Mondelez International, Inc. Monsanto Company Morgan Stanley Motion Industries, Inc. Motorola Solutions, Inc. National Grid USA Nationwide Insurance Navistar, Inc. NCR Corporation Nestlé USA, Inc. New York Life Insurance Company Newell Rubbermaid, Inc. Newmark Grubb Knight Frank The Nielsen Company Nike, Inc. NiSource Inc. Nissan North America, Inc. Nokia, Inc. Nordstrom, Inc. Northern Trust Company Northrop Grumman Corporation Novartis Pharmaceuticals Corporation Novation Novo Nordisk, Inc. NRG Energy, Inc. O.C. Tanner Company Oakwood Home Services Office Depot, Inc. OfficeMax, Inc. OhioHealth Oracle Corporation Pacific Gas and Electric Company Penske Truck Leasing Co., L.P. Pepco Holdings, Inc. PepsiCo, Inc. Pfizer Inc Philip Services Corporation Phillips 66 Pitney Bowes Inc. The PNC Financial Services Group PPG Industries, Inc. Premier, Inc. PricewaterhouseCoopers LLP Principal Financial Group The Procter & Gamble Company Professional Golfers’ Association of America Proskauer Rose LLP Prudential Financial PVH Corporation Quest Diagnostics Inc. R.J. Reynolds Tobacco Company R.R. Donnelley & Sons Company Randstad USA Raytheon Company RBS Citizens Recall Corporation Reed Elsevier, Inc. (aka Lexis Nexis) Regions Financial Corporation Robert Bosch LLC Robert Half International, Inc. Rock-Tenn Company Rockwell Automation Ross Stores, Inc. Ryder System, Inc. Saatchi & Saatchi Sallie Mae Samsung Telecommunications America LLC Sanofi Company SAS Institute Inc. Savannah River Nuclear Solutions LLC Schneider Electric USA, Inc. Scientific Games Corporation Scripps Networks Interactive, Inc. Sealed Air Corporation Securitas Security Services USA, Inc. Sedgwick Claims Management Services, Inc. SGS International, Inc. SH Group, Inc. Shell Oil Company Skanska USA Building Sodexo, Inc. Sonoco Products Company Southern California Edison Company Southern California Gas Company Southern Company Southwest Airlines Company Southwest Gas Corporation Sprint Corporation St. Jude Medical, Inc. Staff Management The Standard Register Company Staples Inc. Starbucks Coffee Company Starwood Hotels & Resorts Worldwide, Inc. State Compensation Insurance Fund State Farm Insurance State Street Corporation Steelcase Inc. Sunbelt Rentals, Inc. Sunovion Pharmaceuticals Inc. SunTrust Banks, Inc. SUPERVALU, Inc. Symantec Corporation
  • 53. 53 Target CorporationTata America International Corporation TBWAChiatDay TD Bank Group TEKsystems, Inc. Tenneco Inc. Terex Corporation Thermo Fisher Scientific Inc. TIAA-CREF Time Warner Inc. Title Source, Inc. The TJX Companies, Inc. T-Mobile USA, Inc. Towers Watson & Co. Toyota Boshoku America, Inc. Toyota Motor Engineering and Manufacturing North America, Inc. TransCanada Corporation Turner Construction Company Tyco International Tyson Foods, Inc. U.S. Bank Union Pacific Railroad United Airlines, Inc. United Parcel Service, Inc. United Rentals, Inc. United States Cellular Corporation United States Postal Service United States Tennis Association United Stationers, Inc. United Technologies Corporation UnitedHealth Group Inc. University of Pittsburgh Medical Center University of Virginia Unum Group URS Corporation US Foods, Inc. US Steel Corporation USM, Inc. UST-Global, Inc. Valassis Communications, Inc. Vanguard Health Systems, Inc. Veolia Water North America Verizon Communications, Inc. Visa U.S.A. Visteon Corporation Volkswagen Group of America, Inc. Volvo Trucks North America, Inc. VWR International, LLC W.W. Grainger, Inc. WABCO Freight Products Walgreen Co. Wal-Mart Stores, Inc. The Walt Disney Company, Washington Gas Light Company Waste Management, Inc. WellPoint, Inc. Wells Fargo & Company Wieden + Kennedy, Inc. Windstream Communications, Inc. Wisconsin Energy Corporation/ We Energies The World Bank Group Wyndham Worldwide Corporation Xcel Energy, Inc. Xerox Corporation- Yazaki North America, Inc. Yum! Brands, Inc.
  • 54. Steadfast Forward AFFILIATE COUNCILS “Commitment is an act, not a word.” - Jean-Paul Sartre Certification and front-line service to our corporate and MBE constituents begins with the affiliate councils. Our recent restructuring from 36 to 24 affiliate councils has created a stronger network that can more effectively and efficiently meet the changing needs of our growing base of corporate members and certified suppliers. Here are the leaders who comprise the NMSDC network: 54
  • 55. Capital Region Minority Supplier Development Council Serving the District of Columbia, Maryland and Northern Virginia Mr. Philip DeVliegher Interim President/CEO 10750 Columbia Pike, Suite 200 Silver Spring, MD 20901 (301) 593-5860 Main philip.devliegher@crmsdc.org Carolinas-Virginia Minority Supplier Development Council Serving North Carolina, South Carolina and Southern Virginia Mr. Eric Watson, President/CEO 9115 Harris Corners Parkway, Suite 440 Charlotte, NC 28269 (704) 549-1000 ewatson@cvmsdc.org Central & North Florida Minority Supplier Development Council Serving Central & Northern Florida Mr. Malik Ali, President/CEO 7453 Brokerage Drive Orlando, FL 32809 (407) 404-6700 malik@fmsdc.org Chicago Minority Supplier Development Council Serving Metro Chicago Ms. Shelia Morgan, President/CEO 105 West Adams Street, Suite 2300 Chicago, IL 60603 (312) 755-8880 shill@chicagomsdc.org Dallas/Fort Worth Minority Supplier Development Council Serving Dallas/Fort Worth Ms. Margo Posey, President/CEO 8828 N. Stemmons Freeway Suite 550 Dallas, TX 75247 (214) 630-0747 margo@dfwmsdc.com Eastern Minority Supplier Development Council Serving Pennsylvania, Southern New Jersey and Delaware Ms. Valarie Cofield CEO The Bourse Building 111 S. Independence Mall East, Suite 630 Philadelphia, PA 19106 (215) 569-1005 vcofield@e-msdc.org Georgia Minority Supplier Development Council Serving Georgia Ms. Stacey Key, President/CEO 759 W. Peachtree Street NE, Suite 107 Atlanta, GA 30308 (404) 589-4929 stacey@gmsdc.org Greater New England Minority Supplier Development Council Serving Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont Mr. Fred McKinney, President/CEO 333 State Street Bridgeport, CT 06004 (203) 288-9744 fmckinney@gnemsdc.org Houston Minority Supplier Development Council Serving Metro Houston Mr. Richard Huebner, President/CEO Three Riverway, Suite 555 Houston, TX 77056 (713) 271-7805 richard.huebner@hmsdc.org 55
  • 56. Michigan Minority Supplier Development Council Serving Michigan Mr. Louis Green, President/CEO 100 River Place, Suite 300 Detroit, MI 48207 (313) 873-3201 lgreen@minoritysupplier.org Mid-States Minority Supplier Development Council Serving Indiana (except NW IN), Central Illinois and Eastern Missouri Ms. Carolyn Mosby, President/CEO 2126 North Meridian Street Indianapolis, IN 46202 (317) 921-2675 cmosby@midstatesmsdc.org Mountain Plains Minority Supplier Development Council Serving Colorado, Kansas Nebraska and Western Missouri Mr. Stan Sena, President/CEO 6025 S. Quebec St, Suite 135 Centennial, CO 80111 (303) 623-3037 stan@mpmsdc.org New York & New Jersey Minority Supplier Development Council Serving New York and Northern New Jersey Ms. Julia Presley Interim VP of Operations 485 7th Avenue, Suite 1600 New York, NY 10018 (212) 502-5663 jpresley@nynjmsdc.org North Central Minority Supplier Development Council Serving Minnesota, Wisconsin, Iowa N. Dakota and S. Dakota Mr. Duane Ramseur, President/CEO 111 3rd Avenue South, Suite 240 Minneapolis, MN 55401 (612) 465-8883 dramseur@northcentralmsdc.net Northwest Mountain Minority Supplier Development Council Serving Washington, Alaska, Oregon, Montana, Wyoming and Utah Mr. Fernando Martinez, President/CEO 320 Andover Park East, Suite 205 Tukwila, WA 98188 (206) 575-7543 fmartinez@nwmtnmsdc.org Ohio Minority Supplier Development Council Serving Ohio Mr. Darryl Peal, President/CEO 100 East Broad Street, Suite 2460 Columbus, OH 43215 (614) 225-1565 Dpeal@ohiomsdc.org Pacific Southwest Minority Supplier Development Council Serving Arizona & Metro San Diego Mr. W. Scott Gregory, President/CEO 6340 East Thomas Road, #220 Scottsdale, AZ 85251 (602) 495-9950 scott.gregory@gcmsdc.org Puerto Rico Minority Supplier Development Council Serving Puerto Rico & U.S. Virgin Islands Ms. Jacqueline Marie Matos President/CEO 1225 Ponce de León Avenue Lobby 2, Suite F San Juan, PR 00907-3921 (787) 627-7268 jacquelinematos@prmsdc.org 56
  • 57. Southern California Minority Supplier Development Council Serving Metro Los Angeles and Southern Califor- nia (except Metro San Diego) Ms. Virginia Gomez, President/CEO 800 West 6th Street, Suite 850 Los Angeles, CA 90017 (213) 689-6965 vgomez@scmsdc.org Southern Florida Minority Supplier Development Council Serving Southern Florida Ms. Beatrice Louissaint, President/CEO 9499 NE 2nd Avenue, Suite 201 Miami, FL 33138 (305) 762-6151 beatrice@sfmsdc.org Southern Region Minority Supplier Development Council Serving Alabama, Arkansas, Louisiana and Mississippi Ms. Phala Mire, President/CEO 400 Poydras Street, #1960 New Orleans, LA 70130 (504) 293-0402 pkmire@srmsdc.org Southwest Minority Supplier Development Council Serving New Mexico, Oklahoma and Southwest- ern Texas Ms. Karen Box, President/CEO 912 Bastrop Highway, Suite 101 Austin, TX 78741 (512) 386-8766 karen@smsdc.org Tri-State Minority Supplier Development Council Serving Kentucky, Tennessee and West Virginia Ms. Cheri Henderson President/CEO 220 Athens Way, Suite 105 Plaza 1 Building, Metro Center Nashville, TN 37228 (615) 259-4699 chenderson@tmsdc.net Western Regional Minority Supplier Development Council Serving Hawaii, Nevada and Northern California Mr. Lawrence Wooten President 460 Hegenberger Road, Suite 730 Oakland, CA 94621 (510) 686-2555 lwooten@wrmsdc.org 57
  • 58. 58 2014 On May 20, 2014, Bank of America Merrill Lynch and the National Association of Investment Companies (NAIC) joined NMSDC in hosting a Mergers & Acquisitions (M&A) Summit – a valuable opportunity for participants to examine what MBEs need to consider in acquiring other companies, as well as strategic assets to grow their business to the next level. More than 70 guests attended the invitation-only event for private equity dealmakers, corporate executives, supplier diversity professionals, NMSDC-certified MBEs and Corporate Plus® members. Panel session topics included “The Anatomy of a Deal” and “Roadmap for Closing a Large-Scale Deal: Lessons Learned.” A Glimpse Jeffrey Wakai of PricewaterhouseCoopers shares his insights at the CPO Summit as panelist Farryn Melton of Bristol-Myers Squibb looks on. Don Callahan of Citi and NMSDC Vice Chairman Shelley Stewart, Jr. of DuPont discuss procurement issues at the inaugural CPO Summit. The following day, NMSDC presented a CPO (Chief Procurement Officer) Summit, hosted by Citi– an invita- tion-only event for CPOs of national corporate members of NMSDC. More than 20 CPOs attended the summit. A roundtable discussion explored “The Role of Minority Business in Supply Chain Management: Why It Matters,” and guests discussed how MBE utilization Mergers & Acquisitions (M&A) Summit creates a competitive advantage for supply chain, as well as ways in which each company is prepared to leverage the power of MBEs in an increasingly diverse marketplace. Facilitating the summit was one of the country’s leading experts on entrepreneurial finance and management – Steven S. Rogers, Senior Lecturer in Business Administration, Harvard Business School. CPO Summit
  • 59. 59 NMSDC President Joset Wright-Lacy (center) moderated a panel featuring Robert Greene (left) of the National Association of Investment Companies and Craig Fowler (right) of Bank of America Merrill Lynch at the M&A Summit. Craig Fowler (center) introduces Daphne Dufresne (left) of RLJ Equity Partners talks to John Auth of Bank of America Merrill Lynch. John Webb of Quantum Reach and John Henderson of AEL Span discuss the art of the deal at the M&A Summit. Highlights2014
  • 60. 60 After a year in which transformative change began reshap- ing its profile, NMSDC entered 2014 with a sharper focus, renewed energy and a fresh identity for one of the landmark events on our yearly calendar. The NMSDC Leadership Awards, held in New York on May 21, 2014, introduced a new direction to the annual celebration of our work. The black-tie event at the New York Hilton Midtown at- tracted almost 1,200 guests, among them Asian, Black, Hispanic and Native American business owners, corporate executives, supplier diversity professionals, affiliate council presidents and staff members. MSNBC’s Disrupt’s Karen Finney was emcee for the evening, and the featured speaker was Jay Williams, Senior Advisor to the Secretary for Economic Development, U.S. Department of Commerce. New awards were devised for this year’s event, awards that more thoroughly and effectively reflect leaders through- out the NMSDC Network. Three degrees of accomplishment were recognized in Clarion, Trailblazer and Catalyst categories of our new awards. Each award had two winners – one corporate, the other an MBE. In the Clarion category, the recipients were Richard A. Hughes, Chief Purchasing Officer The Procter & Gamble Company (corporate); and William G. Mays, Chairman and CEO, Mays Chemical Company (MBE). The Trailblazer winners were Joan N. Kerr, Director, Supplier Diversity, Pacific Gas & Electric Company (corporate); and Roderick Rickman, Chairman and CEO, Rickman Enterprise Group (MBE). In the Catalyst category, the awardees were Diane Lin, Director, Global Procurement Starbucks Coffee Company (Corporate); and Daniel Sung Park, President and CEO Eclaro International (MBE). The Robert M. Stuart Leadership Award – named for NMSDC’s founding chairman – was presented to Fernando Hernandez, Supplier Diversity Director Microsoft Corporation. Microsoft made more than $1 million in licenses available to NMSDC affiliates to facilitate upgrades as part of our enterprise development. The Vanguard Award, presented annually to an NMSDC affiliate council president, was awarded to Carolyn Mos- by, President and CEO of the Indiana-based Mid-States Minority Supplier Development Council. In the restructuring of our network throughout 2013, she was an instrumental figure as a liaison between the affiliate councils and the NMSDC national office. The NMSDC Leadership Awards Highlights2014 Trailblazer Awardee: Joan N. Kerr Clarion Awardee: Richard A. Hughes
  • 61. 61 Clarion Awardee: William G. Mays Robert M. Stuart Leadership Awardee: Fernando Hernandez Trailblazer Awardee: Roderick Rickman Vanguard Awardee: Carolyn Mosby Catalyst Awardee: Diane Lin Catalyst Awardee: Daniel Sung Park
  • 63. 63 The Very Look of NMSDC Has Changed The power of transformation – it is redefining and re-energizing the mission of the National Minority Supplier Development Council as we continue the implementation of an ambitious five-year strategic plan that, in 2012, began reshaping our unique network. The map of our affiliate councils has been reconstituted and redrawn, focusing our mission through the work of 24 affiliates instead of the previous 36. This fundamental restructuring is allowing us to standardize and expand our services and resources, and to empower the individual affiliates by enhancing their impact regionally and making them more responsive to each other nationally. As a result, NMSDC’s network is becoming more unified, more flexible, more effective than ever before. Redeploying our affiliates has resulted in nothing less than a transformation of power, harnessed to drive our core capabilities. Certify. Develop. Connect. Advocate. Highlights2014
  • 64. 64 Rebranding A New Structure Deserves a New Context In September 2013, NMSDC launched a new effort to recharge and rejuvenate our brand, in a plan developed with the input of national office staff, corporate members, affiliate council presidents and MBEs. The goal was to align and craft our image to reflect the extraordinary changes that are reshaping the way we do business. NMSDC’s mission itself is unchanged: to advance business opportunities for minority suppliers in the global corporate supply chain. The look and feel of how we present our mission has been transformed, from our affiliate map to the versatile, unifying new logo we have unveiled. A national network is only as strong as its components, and – from the outset – the rebranding of NMSDC has sought to emphasize the newly restructured affiliate councils both as individual entities and as constituents in a unified effort. A key objective in the rebranding of NMSDC has been to evolve a striking but infinitely variable image that links the organization’s national and regional identities. Image tells the story: NMSDC’s new logo has been designed to reflect a distinct identity, through changes of color, for each of its affiliate regional councils. The look is simple and direct – a call to action that resonates throughout our network, where the power of many is also the power of one. Highlights2014
  • 66. 66 OUR 24 AFFILIATE COUNCILS Highlights2014
  • 67. 67 Website As our network is streamlined and transformed, NMSDC’s web presence is also changing. It is an essential component in the organization’s identity and profile, and – as in the restructuring of the organization itself – the challenge has been to be bold, daring and imaginative. With that in mind, our Communications and Marketing Department worked closely with the Information Technology and Services Department to redesign and reconfigure our website. It delivers a responsive enterprise network that supports the work of each individual affiliate council as well as the mission and the mechanics of NMSDC as a whole. PRISM Nothing is more vital to the work of NMSDC than the delivery of thorough, up-to-date information about MBEs, and the organization’s adoption of the PRISM system in 2013 has been a game-changing development. More than the simple reporting tool that its predecessor MBISYS was, PRISM is a comprehensive data management system. It offers dynamic search capabilities for identifying and sourcing MBEs by location, industry, products and services, and certification classifications. PRISM also manages supplier registration certifications, and Tier 1 and Tier 2 spend analysis and reporting, and delivers real-time updates to the MBE database as it fully integrates with certification processing.
  • 68. 68 NATIONAL MINORITY SUPPLIER DEVELOPMENT COUNCIL, INC. Financial Statements and Supplementary Information For the Year Ended December 31, 2013 (With Comparative Totals for 2012) With Report of Independent Auditors * These pages include the 2013 Financial Statements only. The complete Financial Statements with Notes is included in the online version. 2013 In Review Financials
  • 69. 69 FINANCIALS REPORT OF INDEPENDENT AUDITORS ................................................................................. 1–2 FINANCIAL STATEMENTS Statements of Financial Position as of December 31, 2013 (With Comparative Figures for 2012) ..................................................................................... 3 Statement of Activities for the Year Ended December 31, 2013 (With Summarized and Comparative Totals for 2012) ................................................................ 4 Statements of Cash Flows for the Year Ended December 31, 2013 (With Comparative Figures for 2012) ..................................................................................... 5 Notes to Financial Statements Decmber 31, 2013 .................................................................... 6 Supplementary Information .................................................................................................... 21
  • 70. Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat com- modo mi, non suscipit sapien ornare eget. Aliquam erat volut- pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.1
  • 71. 2
  • 72. Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat com- modo mi, non suscipit sapien ornare eget. Aliquam erat volut- pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.3
  • 73. 4
  • 74. Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat com- modo mi, non suscipit sapien ornare eget. Aliquam erat volut- pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION CASH FLOWS FROM INVESTING ACTIVITIES CASH FLOWS FROM OPERATING ACTIVITIES 5
  • 75. 75 6
  • 76. 76 Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat com- modo mi, non suscipit sapien ornare eget. Aliquam erat volut- pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. 7
  • 77. 77 8
  • 78. 78 Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat com- modo mi, non suscipit sapien ornare eget. Aliquam erat volut- pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. 9
  • 79. 79 10
  • 80. 80 Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat com- modo mi, non suscipit sapien ornare eget. Aliquam erat volut- pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. 11
  • 81. 81 12
  • 82. 82 Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat com- modo mi, non suscipit sapien ornare eget. Aliquam erat volut- pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis.13
  • 83. 83 14
  • 84. 84 Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat com- modo mi, non suscipit sapien ornare eget. Aliquam erat volut- pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. 15
  • 85. 85 16
  • 86. 86 Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat com- modo mi, non suscipit sapien ornare eget. Aliquam erat volut- pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. 17
  • 87. 87 18
  • 88. 88 Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat com- modo mi, non suscipit sapien ornare eget. Aliquam erat volut- pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. 19
  • 89. 89
  • 90. 90 Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat commodo mi, non suscipit sapien ornare eget. Aliquam erat volutpat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. Cur- abitur rutrum ligula nec justo tempor accumsan. Integer nec massa lacus, pretium sodales arcu. Quisque sed elit vitae tellus Duis a elit nec neque commodo lacinia et quis ligula. Integer vitae est orci. Duis euismod posuere dui eget placerat. Donec volutpat com- modo mi, non suscipit sapien ornare eget. Aliquam erat volut- pat. Nullam sed mauris vel tellus euismod ornare ac eu turpis. 21
  • 91. 91 22
  • 92. 92 1359 Broadway Suite 1000 New York, NY 10018 “When you’re surrounded by people who share a passionate commitment around a common purpose, anything is possible.” - Howard Schultz, Chairman and CEO, Starbucks