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Kenyatta Lewis Executive Director, Supplier Diversity.

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Presentation on theme: "Kenyatta Lewis Executive Director, Supplier Diversity."— Presentation transcript:

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2 Kenyatta Lewis Executive Director, Supplier Diversity

3  Headquarters: Las Vegas, NV (operate in NV, MI, MS & China)  62,000 Employees Worldwide  $1.4 Billion Annual Biddable Spend  42,000 Hotel Rooms in Las Vegas  3 Million Sq. Ft. of Convention Space  2 Arenas, 15 Theaters & Showrooms  400 Retail Stores  350 F&B Outlets

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5 ~Creating opportunities for all Now that’s Inspiring~  Corp. of the Decade – NvMSDC  Corp. of the Year – WBEC-West  40 Best Companies for Diversity – Black Enterprise  Top 10 Companies for Latinos –DiversityInc Magazine  Corp. of the Decade – NvMSDC  Corp. of the Year – WBEC-West  40 Best Companies for Diversity – Black Enterprise  Top 10 Companies for Latinos –DiversityInc Magazine

6 GLOBAL PROCUREMENT Supplier Diversity Corporate Purchasing Materials Management Strategic Sourcing Supplier Diversity is one of four disciplines within Global Procurement. The focus is to identify and engage certified diverse owned businesses in the procurement process.

7 Tier I Bid PolicyTier II Inclusion Purchases $1,000 to $2,500 require minimum of two qualified bids inclusive of a Certified Diverse Supplier. Purchases >$2,500 require minimum of three qualified bids inclusive of a Certified Diverse Supplier. …Please be advised that MGM Resorts will accord a higher value to your proposal in response to this bid, in the bid evaluation process, if your proposal demonstrates bona fide participation in your provision of goods and/or services by a certified diverse business. A copy of the respective certification must accompany the bid. Use of a diverse owned business simply as a “pass- through” entity which lacks any substantive involvement in the performance of the engagement is not acceptable to MGM Resorts.

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9 Supplier Diversity team engagement

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12 Darren Harmon Director, Supplier Diversity & Business Development General Mills 12

13 One of the world’s largest food companies One of the world’s largest food companies Products marketed in more than 100 countries on six continents Products marketed in more than 100 countries on six continents 39,000 employees 39,000 employees $17.8 billion in fiscal 2013 net sales* $17.8 billion in fiscal 2013 net sales* 13

14 14  Employment  Philanthropy  Revenue Growth  Supplier Diversity Spend Annually, GMI solicits feedback from our top 100 diverse suppliers in the following areas:

15 15 2013 Recognition MMSDC Corporation of the Year “Best of the Best” Supplier Diversity Programs Professional Woman’s Hispanic Network

16  Our communication tools are used to drive awareness, engagement and execution of supplier diversity initiatives Core Audience Buying Community Senior Leadership Diversity & Inclusion Dept. Public Relations Dept. GMI Customers GMI Consumers Local & National Advocacy Organizations Key Messaging Value Proposition -Impact aligns with corporate strategy Community Impact Performance C-Suite Commitment 16

17  Monthly Reporting  SD Websites (internal & external)  Intranet “Champions” Stories  Employee Orientations  Annual Corporate Social Responsibility (CSR) report  Field & Functional Champions External Website Key Characteristics: -Easy to find on website (3 clicks) -Relevant Information -Statement on commitment -Registration Portal -Technology Idea Submissions -Videos highlighting SD in action Communication Vehicles 17

18 E2 Partnerships Strategic Transactional Interactions Value Innovation, New Capabilities, Integrated Value Chain Optimize Total Delivered Cost, Shared Objectives Foundational, Consistency Collaboration, End to End Optimization

19  Scorecards  Periodic Reviews  Continuous Improvement  Supplier Summit  Mentoring Performance Mgmt. 19 Training

20 Lynn A. Boccio VP, Strategic Business & Diversity Relations

21 Overview  Founded in 1946  30,000 employees  175 Countries

22  Professional Woman’s Magazine  Women’s Business Enterprise National Council  Billion Dollar Roundtable (BDR) 2009 to Present  2012 Women’s Business Hall of Fame (MBN News USA)  2012 MBN USA Ambassador of Supplier Diversity (Lynn Boccio)  US Hispanic Chamber of Commerce  Top 50 Company in Supplier Diversity Current State: RGMA Level 4 to 5 – Advanced to World Class Process

23 Determine Key Metrics  Link to Revenue  Diverse Spend vs. Total Spend  Spend By Diverse Status (MBE, WBE, LGBT, SDB, DBE, etc.)  # of Suppliers  Growth of Top Suppliers  # Diverse Contract Awards  # RFPs where Diversity “What gets measured gets done.”

24 Consider Report Formats & Distribution at 3 Levels : Senior Management Supply Chain/ Strategic Sourcing Cross Functional Dashboard Spend by Category Spend by Company and/or Cost Center 1 2 3

25 Sample Report Leverage Drill Down by Category, by Supplier (Supplier Diversity/ Strategic Sourcing)

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27 Position SD to Support corporate strategy Compliment Strategic Sourcing Strategies Cultivate Primary Internal Drivers Document Supplier Added Value Focus on Supplier Development Corporate Strategy Organizational Structures Geographic Footprint Global Supply Chains Ongoing Change Once you get past the basics, remember:

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