In a rapidly evolving business landscape, the key to unlocking success for small and medium-sized manufacturers lies in effective supply chain management. At Diverse Manufacturing Supply Chain Alliance (DMSCA), we understand the significance of supply chain management in fostering sustainable growth. In this blog post, we will highlight the importance of supply chain management and its impact on small and medium-sized manufacturers.more
In the age of heightened environmental awareness, it is crucial for manufacturers and suppliers to prioritize sustainability in their supply chains. In this blog post, the experts at Diverse Manufacturing Supply Chain Alliance (DMSCA) will explore effective strategies for small and medium-sized businesses to minimize their environmental impact and achieve supplier sustainability.more
Digitization has become a game-changer for manufacturers and suppliers in today's fast-paced world. As a manufacturer's supplier development organization, Diverse Manufacturing Supply Chain Alliance (DMSCA) understands the critical role of supply chain digitization in optimizing operations. This blog post will explore the importance of digitizing your supply chain and its benefits to small and medium-sized businesses.more
In the age of Industry 4.0, manufacturers are increasingly relying on strategic relationships with suppliers to gain a competitive edge. As a manufacturer's supplier development organization, the Diverse Manufacturing Supply Chain Alliance (DMSCA) understands the critical importance of supplier development for small and medium-sized manufacturing businesses. In this blog post, we will highlight the significance of supplier development and its impact on the success of manufacturing businesses.more
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 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 - 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
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
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
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. We’re breaking down what you need to know in today’s post from DMSCA.
Switching Suppliers — What You Should Know
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 — has made it cost effective for companies to buy, make, and deliver...more