Promotion of corporate purchasing from minority and women-owned business suppliers by major corporations.

Education , Educational Services

Promoting and sharing best practices in supply chain diversity through conferences. Billion dollar roundtable (bdr) sponsors an annual summit conference to examine issues in supplier diversity. Representatives of large corporations who would like to increase the diversity of their supplier base are invited. Bdr representatives also participate in conferences sponsored by other organizations with similar goals. In addition to the program service expenses reported, a car rental company provided donated transportation services valued at 20,000 for summit participants. recognizing corporations who achieve required levels of spending with minority and women suppliers and encouraging increased levels. Billion dollar roundtable currently has 28 members composed of large corporations who have met the requirement of spending at least one billion dollars with minority and women suppliers. Participation levels are verified by independent testing. commissioning an economic impact study to quantify the positive effects on communities of spending with minority owned suppliers. The study completed by the university of washington concluded that each dollar spent yields a two dollar economic impact in communities in the form of increased jobs and consumer spending. writing policy papers and reports to highlight current trends and best practices for achieving supply chain diversity.