In October, National ACE attended the National Minority Supplier Development Council (NMSDC) Conference and Business Opportunity Exchange. The event, held in Austin, Texas, attracted more than 6,000 corporate CEOs, procurement executives, and supplier diversity professionals from the top multinational companies, as well as leading Asian, Black, Hispanic, and Native American business owners and international organizations. More than 700 exhibit booths provided the opportunity for corporations and minority business enterprises to showcase their products, services, and solutions. Chief procurement officers and minority business executives also engaged in panel discussions, sessions, and workshops to share best practices, current trends and issues, and practices to increase the value that minority suppliers deliver to its corporate customers.
The Distinguished Supplier Diversity Award was presented to The Coca-Cola Company. ACE Board Member, Terrez Marriott Thompson, accepted the award on the company’s behalf. The company is a total beverage company, offering over 500 brands in more than 200 countries and territories. Coca-Cola encourages their suppliers to adopt diversity programs and goes above and beyond to increase overall corporate supplier diversity. The company is committed to ensuring that minority-owned businesses have access to opportunities throughout all tiers of the supply chain. The company’s goal is to spend $1 billion per year with diverse suppliers. In 2016, Coca-Cola spent $650 million with diverse suppliers, and $675 million in 2017. The Coca-Cola Company also was the 2018 NMSDC Corporation of the Year in Innovation for diversifying one third of their bottler system. Congratulations to Terrez and the Coca-Cola Company!
The Minority Export Firm of the Year was presented to McWong Environmental Technology (MET) founded by President and CEO Margaret Wong. MET is a full-service environmental engineering company that manages more than a dozen active projects to address the toughest wastewater treatment challenges.
The Minority Health Products and Services Firm of the Year was presented to Anpac Bio. The company was co-founded in 2010 by scientists Dr. Chris Yu and Dr. Herbert Yu and is the only liquid biopsy services company fully-commercialized and earning revenue worldwide.
Also in attendance were Henry Childs II, National Director of the Minority Business Development Agency; Grace Lee, President of the Michigan Chamber of Commerce; Michael Chen, President of Asian Inc; and George Mui of MBDA.