BE Industrial/Services 100. (Small Firm Wins Big).* Minority-owned firms practice diversity too. Just ask NetCom Solutions (No. 42 on the 2002 BE INDUSTRIAL/SERVICE 100 list with $76 million in sales). The technology firm announced its new minority supplier diversity Supplier Diversity is a business program that encourages the use of previously underutilized minority owned vendors as suppliers. It is not directly correlated with supply chain diversification, although utilizing more vendors may enhance supply chain diversification. program, which it will dedicate ded·i·cate tr.v. ded·i·cat·ed, ded·i·cat·ing, ded·i·cates 1. To set apart for a deity or for religious purposes; consecrate. 2. 3% of its revenues to minority subcontractors. "It just makes sense, ethically and business-wise," says NetCom Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Emmit J. McHenry. "An increasing number of states are joining the national trend in requiring that specific dollar amounts or percentages of contract funds go to MWBE MWBE Minority and Women-owned Business Enterprise MWBE Maximum Welch-Bound-Equality (Minority and Women's Business Enterprises) companies.... We are in a position to facilitate this." |
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