Corporate Member Benefits
ChicagoMSDC has a national reputation for its activities to develop partnerships between minority firms and major buying organizations. Corporate Members benefit by expanding their link to the rapidly growing minority marketplace and by gaining greater access to qualified suppliers to source, which increases competition, reducing cost and improving quality. This fosters a transactional relationship with key demographics which can lead to a stronger local economy.
Benefits of becoming a Corporate Member include:
The ChicagoMSDC is a vehicle that can assist corporations in developing, marketing and enhancing their minority business development program in a productive and efficient manner. Corporate Members are invited to leverage resources provided by the Council to facilitate and improve corporate supplier diversity commitments. These resources include:
At the same time, Corporate members benefit in many ways. Minority suppliers are the country’s fastest growing business sector. According to the Bureau of the Census, by the year 2020, the minority population will represent 34.4% of the total U.S. population.
As the minority population continues to grow, those corporations that are comfortable with cultural diversity and change, and are responsive to their customers will be the ones that thrive. Supplier diversity brings knowledge and experience that aids in understanding the world and competing effectively. As the chief executives of many of the country’s biggest companies see it, a diverse supplier base is no longer an option – it’s a business necessity.
We understand company’s goals to achieve supplier diversity while maintaining the level of quality you require of your vendors. That is why we offer many programs for the certified MBEs, to assist in the development of professional relationships with corporate members.