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:

1. SMM development, digitalization, and sustainability.
2. SMM workforce training and credentialing.
3. 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...

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.

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
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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.

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 dburton@dmsca.us