It has been shown that companies who focus heavily on supplier diversity generate a greater return on procurement investments than their counterparts. The difference is typically attributed to MBEs’ ability to deliver equal value at a lower operating cost than their competitors. Minority business owners face unique challenges that require them to adapt to their industries and markets. As a result, MBEs also tend to be at the forefront of innovation and creativity in their respective fields. This situation presents corporations with an ongoing opportunity to make cost-effective business decisions that have the added benefit of positively impacting minority communities.
OMSDC helps corporations identify suppliers. These suppliers, when given the opportunity to compete for business, have a positive impact on helping corporations reduce costs and better meet their needs. These firms are not seeking set aside quotas or special preferences. They only want to compete for business.