These studies drive its Best Practice Intelligence Center™ which includes the firm’s benchmarking metrics, best practices repository and best practice configuration guides and process flows, which enable The Hackett Group’s clients and partners to achieve world-class performance. We believe that our supplier partnerships are instrumental in advancing healthcare—and our world—for the better. “Don’t be everything to everybody—take whatever you do really well and stick with it, figure out what makes you different and then figure out who buys those services.”. Awarded Women's Business Enterprise National (WBEN) Council’s Top Corporations of the Year for Women’s Business Enterprises. Johnson & Johnson has made us a better company by supporting our business aspirations and serving as an exemplary example of citizenship, diversity and inclusion. We invite you to learn more about our commitment to fostering a diverse supplier base and welcome all potential suppliers who can fulfill our requirements on a competitive basis to see if they qualify to be part of our Supplier Diversity program: We’re proud to be recognized by important organizations for the many ways we have embraced diversity as a part of the culture of our Family of Companies. The companies that offer these programs “have made a commitment to ensure that their supply chain reflects their community, customer base and employee base,” says Michelle Sourie Robinson, president and CEO of the Michigan Minority Supplier Development Council, one of 23 affiliates of the National Minority Supplier Development Council. The site you’re being redirected to is a branded pharmaceutical website. “I try to figure out where prospects hang out so I can get to know them and start interacting on their terms.”. What’s Not Working with Corporate Diversity Programs. We believe that when our supplier base reflects the diversity of the consumers and patients who use our products and services, we achieve our mission of helping people live longer, happier, healthier lives. Our procurement expertise extends to strategic sourcing and supply chain optimization, while our technology services include support for IT strategy development as well as specific platform deployments such as Oracle or SAP implementation. All rights reserved, Insights and Inspiration to Help Grow Your Business, Check for Pre-qualified Credit Card Offers, Credit Intel – Financial Education Center, Michigan Minority Supplier Development Council, National Minority Supplier Development Council. Garth builds relationships and networks both with the supplier diversity program administrators and the companies that she may want to team up with. Our cash flow analysis services have helped clients to free up billions of dollars in improved cash flow. Additionally, many large corporations have a dedicated resource, such as a small business liaison officer (SBLO) or diversity liaison officer on staff to execute on supplier diversity. EEO Is the Law | EEO Is the Law GINA Supplement | Do Not Sell My Personal Information. Quiz: How Much Do You Really Know About COVID-19? They use supplier diversity as a reputation-builder to help increase market share and retain talent, and rely on social media to develop customer and brand awareness. © 2020 American Express Company. “Networking is what’s helped me be successful,” she says. Garth says that her company’s MBE certification often creates a differentiator and sometimes even becomes the tiebreaker for the winning bid. You are now leaving jnj.com.
Garth says supplier diversity has helped her company grow from a one-person business to employing 35 people and billing $3.5 million in annual revenues. Pharmaceutical Companies of Johnson & Johnson, Advancing New Healthcare Solutions Through Collaboration, Reimagining the Way Healthcare Is Delivered, Learn About the Company's Rich Heritage at Our Digital Museum. All users of our online services subject to Privacy Statement and agree to be bound by Terms of Service. “We proactively stay in touch with them and keep them abreast of our capabilities,” Craig-Hart says. Learn more about the unique ways the investment will improve the health of people and the earth. The Hackett Group Research Also Shows That Virtually All Diversity Suppliers Meet or Exceed Expectations, IBM, American Red Cross, and WEConnect All Spotlight the Value of Supplier Diversity Programs. “After that, it’s about getting to know them and building the relationship and highlighting how we can solve nagging problems,” she says. In fact, up to 10 percent of sales come with supplier diversity requirements, suggesting that the lack of such a program can even result in lost revenue.”, According to Michael Robinson Program Director – Global Supplier Diversity, IBM, “At IBM, we’ve been leading the way in corporate supplier diversity efforts for nearly 50 years. “Supplier diversity is evolving from a check-the-box corporate social responsibility requirement to a strategic enabler providing access to innovative products and increased market share in new and developing communities,” said The Hackett Group Research Director Laura Gibbons. They are making strategic investments in the communities they serve not only in the U.S., but around the world. We count on our supplier network, and ask the same thing of our women- and minority-owned suppliers as we do of our majority suppliers… that they help us provide value to the customer, strengthen our brand, understand our markets, and identify what’s coming next in the world of technology. The company had doubled its revenues for two consecutive years — and Craig-Hart attributes much of that success to selling to large companies who she’s connected with through diversity programs. Please see our Privacy Policy. “Last year we also did workshops in 15 states across the country, in partnership with the National Minority Supplier Development Council, to help suppliers understand the extent of our supplier diversity efforts, and how best to do business with us. Craig-Hart speaks from experience. But opting out of some of these cookies may have an effect on your browsing experience. These companies develop supplier partnerships, mentor local suppliers, collaborate with suppliers on product innovation, and share their experiences with other companies. Some of these programs also offer matchmaking, business development, training and coaching to promote economic impact to the local communities. And we support suppliers as diverse as the world in which we live and work.”.
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