NMSDC and WEConnect International Partner to Connect MWBEs with Global Corporate Buyers

Aug 26, 2024•11 months ago

Contract Type

partnership

New YorkSupply Chain ManagementGovernment

Description

The National Minority Supplier Development Council (NMSDC) and WEConnect International signed a strategic partnership at the WEConnect Asia Pacific Regional Conference on Aug. 26 to increase connections between MWBEs and international corporate buyers. The partnership aims to address the racial wealth gap globally and expand NMSDC’s efforts to link historically underserved populations with corporate purchasing entities.

Company Information

Company

National Minority Supplier Development Council (NMSDC)

Location

New York, United States

About

The National Minority Supplier Development Council (NMSDC) is the longest-operating business growth engine for excluded communities of color, which includes Asian-Indian, Asian-Pacific, Black, Hispanic, and Native American. Their impact goes far beyond the supply chain, aiming for upward mobility for the emerging majority of Americans.

Agreement Insights

Based on industry data

Strategic partnership established

Partnership agreements typically involve technology integration and joint go-to-market strategies

Contract momentum indicator

Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

NMSDC and WEConnect International Partner to Connect MWBEs with Global Corporate Buyers

Description

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Agreement Insights

Company Information