Purpose:

To leverage diverse manufacturing and logistics suppliers’ (suppliers) capabilities, improving them and expanding capacity to create competitive advantage, and foster job creation and economic development in impacted urban communities 

Target Audiences for Job Retention, Creation, and Skills Upgrades:

  • Individuals who are unemployed or underemployed with demonstrated financial need
  • Individuals who require workforce training and skills upgrading

Small and Midsize Supplier Participation Criteria

  • Suppliers must be engaged in the DMSCA Corporate Mentoring Program (CMP) 
  • Suppliers must further demonstrate how they
    • Improve manufacturing and production capacity 
    • Foster job creation and workforce training opportunity 
    • Contribute to the overall community economic development impact

Type Foundation Projects:

  • Workforce training and skills upgrading 
  • Operational digitization and advance manufacturing training
  • Operational digitization resources and equipment funding
  • Collaborative programs with Historically Black Colleges and Universities (HBCUs) and other Minority Institutions (MIs)
  • Urban Manufacturing projects
  • Supplier capacity expansion

Supplier Capacity Expansion – The Foundation has created a fund called the “Urban Manufacturing Economic Development Fund (MEDF) for the specific purpose of partnering with private and public financial organizations to support supplier capacity expansion and competitive advantage through:

  • Mergers and Acquisitions
  • Minimization of non-minority enterprises
  • Collaboration between suppliers 
  • Debt and Equity capital matching

Fundraising Goal: (does not include supplier capacity expansion)

  • $3M -$5M by December 31, 2021

Types of Contributions:

  • Corporate Member Foundations
  • Non-Corporate Member Foundations 
  • Government Grants and Contracts
  • Private Foundation Grants
  • Annual Fund Campaigns
  • Individual Contributions

Current Projects:

Large Multinational Corporations (LMC) are in the midst of Industry 4.0 driven supply chain transformation. So that diverse manufacturing and logistics suppliers are not marginalized, the Foundation is the thought leader in supplier digitization and competitiveness in fastly maturing data driven Digital Supply Networks (DSNs), the components of which are:

  • Digital Development – Optimizing product life cycle management with advance digital tactics
  • Synchronized Planning – Providing significant efficiencies through data synchronization 
  • Intelligent Supply – Reducing cost through advance technologies, model, and capabilities
  • Smart Factory – Unlocking new efficiencies by a more connected, agile, and proactive factory
  • Dynamic Fulfillment – Boosting customer service through new levels of speed and agility
  • Connected Customer – Creating seamless engagement from inspiration to service

For additional information and/or presentation on the Diverse Manufacturing and Logistics Supplier Digitization Acceleration Project:

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