DMSCA Launches the DMSCA Supplier Development Foundation
David J,Burton and Angela Alston-Jenkins
The mission of the DMSCA Supplier Development Foundation, Inc. is to assist Disadvantaged and Minority Small-Midsized Manufacturers (SMMs) (including Logistics Suppliers) in creating jobs for low and moderate residents of impacted low-income areas and areas of high unemployment. DMSCA emphasizes the development of Manufacturing and Logistics Suppliers located in Urban and rural areas with documented low employment levels. The Foundation has three program pillars:
- SMM development, digitalization, and sustainability.
- SMM workforce training and credentialing.
- HBCU supply chain management and engineering student internships with multinational enterprises (MNEs) and SMMs.
The Foundation is currently in the "quiet phase of development and fundraising," during which corporate members' contributions are being received before the public kickoff phase in the 1st QT of CY23. The Foundation appreciates early contributions by McCormick...more
LinkedIn Learning Taps Burton for New Manufacturing Supplier Development and Diversity Course
David J. Burton
LinkedIn Learning has tapped David Burton, President of the Diverse Supply Chain Alliance (DMSCA), to develop an online course on Manufacturing Supplier Development and Diversity. They will cover chapters addressing the business drivers of supplier diversity; building a diverse supply base; supplier segmentation and strategic sourcing; alignment of customer and supplier performance expectations; the five essential supplier development strategies; developing supplier strategic improvement plans; and much more. The course is scheduled to be released in March 2023.more
Supply Chain Sustainability
David J. Burton
Supply Chain Sustainability - Impact on Suppliers
For multinational enterprises (MNEs), ignoring supply chain activities' impact on the climate will no longer be an option as the proposed CY22 Securities and Exchange Commission in March of CY22 go into effect in early CY23. As summarized by PwC, the proposed advance rules will require "disclosure of
- "Prospective risks and material impacts on the business, strategy, and outlook caused by climate change, generally consistent with the Task Force on Climate-Related Financial Disclosures (TCFD) disclosures (e.g., asset risks at a zip code level)"
- "Scope 1 and 2 greenhouse gas (GHG) emissions"
- Scope 3 emissions if material or if the registrant has set a GHG emissions reduction target that includes Scope 3 emissions
- Additional qualitative and quantitative climate risk disclosures, including the financial impacts of severe weather events and other natural conditions and transition activities on line items of the financial statements ...
The DMSCA Supplier Development Foundation Participates in World Economic Forum New Champions Annual Meeting
David J. Burton
DMSCA Foundation Participates in World Economic Forum's New Champion Meeting
The DMSCA Supplier Development Foundation participated in World Economic Forum's New Champion's Community Meeting in Geneva, Switzerland, on December 1-2, 2022. the DMSCA Supplier Development Foundation (DMSCA Foundation. Among the key topics discussed were the Future Readiness of SMEs and Mid-Sized Enterprises, Meeting the Diversity Challenge - How New Champions Can Make Diversity and Inclusion A Priority, and. Building Strategic Alliances. Evident at the event was the major shift in how Environmental, Governance, and Sustainability (ESG) became the new regulatory driver for both multinational enterprises (MNEs) and small-midsize manufacturers' (SMMs) digitalization.more
World Economic Forum Recognizes DMSCA Supplier Development Foundation as New Champion
David J. Burton
The World Economic Forum (WEF) has recognized the DMSCA Supplier Development Foundation) as a New Champion. WEF New Champions compose the “community that brings together forward-thinking companies that champion new business models, emerging technologies and sustainable growth strategies in the Fourth Industrial Revolution (Industry 4.0).” The business model recognized is the DMSCA Corporate Mentoring Program (CMP) - Industry 4.0 Playbook for Small-Midsize Manufacturers (SMMs) Development, Digitalization, and Sustainability. Learn more about the DMSCA Ten Step Playbook at by requesting a meeting or more information at firstname.lastname@example.org
Reshoring Projects? Start Preparing to Invest in Supplier Development.
New rules for global trade and changing market dynamics may soon force many U.S.-based companies to start looking for new suppliers that are closer to home. But this is easier said than done.
Switching suppliers can have a big impact on your supply chain, so it’s important to manage these sourcing projects well. Assessing the supply chain maturity of each potential supplier is an important part of that process. But how can you objectively measure “supply chain maturity” and what do you do if the supplier that you really want (or need) to work with isn’t quite up to par?
The past 30 years have seen a remarkable change in the way manufacturing is done. The development and deployment of new technologies – from communications, to computing, to standardized and automated material handling – have made it cost effective for companies to buy, make, and deliver products all over the world. And the resulting development of supply chain management as a discipline has allowed us to leverage these complex networks in ways that maximize the value for our customers and our...more