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NMSDC Network Standard for Minority Certification


NMSDC Network Standard for Minority Certification

Providing a direct link between corporate America and minority-owned businesses is the primary objective of the National Minority Supplier Development Council, one of the country's leading business membership organizations. It was chartered in 1972 to provide increased procurement and business opportunities for minority businesses of all sizes. 

The NMSDC Network includes a National Office in New York and 39 regional councils across the country. There are 3,500 corporate members throughout the network, including most of America's largest publicly-owned, privately-owned and foreign-owned companies, as well as universities, hospitals and other buying institutions. The regional councils certify and match more than 15,000 minority owned businesses (Asian, Black, Hispanic and Native American) with member corporations which want to purchase goods and services. 

Why Is MBISYS® Important to Minority-Owned Firms? 

MBISYS® increases the firms' sales and marketing capabilities on a national basis, at no cost.

MBISYS® users include America's top publicly-owned, privately-owned and foreign-owned firms, and other buying organizations with billions of dollars in purchasing power.

National member companies that are interested in doing business with minority-owned firms can identify a company on MBISYS® and call directly.

 National members are receptive to working with minority firms certified by the NMSDC network, and many require NMSDC certification of prospective minority suppliers.

MBISYS® provides corporations with an essential core of information on each company, which focuses their search while eliminating inquiries from people interested in products or services the MBE does not provide.

By the time a corporate representative calls the MBE, they are already familiar with who the key personnel are, what products or services are provided, geographic capabilities, and also may be familiar with performance from business references provided in the profile.

The probability of getting business from these companies is far higher than from average sales calls.

Why is MBISYS® Important to Corporate Members? 

Your purchasing organization will benefit from increased efficiency and flexibility. In a matter of minutes, your computer can sift through thousands of records to find the most qualified minority suppliers to fit your needs.

MBISYS® supplements internal supplier listings and expands the company's sourcing capabilities.

Through an on-going certification and re-certification process, the information in the database is constantly updated. The system provides the most reliable and current information on minority suppliers.

A comprehensive indexing system gives access to records by the SIC or NAICS code, keyword search, minority classification, regional council, and annual sales.

You can choose to generate reports in a variety of standardized formats, or develop your own customized reports.

MBISYS® is a service included in the national corporate membership at no additional cost.

Orientation, training, and on-site demonstrations are provided upon request.

For those national member companies which cannot access the system directly, custom searches and hard copy reports are provided upon request.

 

We hope you found this article helpful.

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