For the typical small business owner, one order from a Fortune 500 company will likely require more capacity than the small business can deliver. To be successful as a corporate supplier, your company must have sound business practices and processes that enable it to perform and deliver contract obligations on time and within budget. However, a lack of access to capital, credit, surety bonding, and human resources limits the ability of small businesses to compete in the procurement marketplace.
Capacity building is a process for developing a firm’s core offerings and capabilities in order for the business to optimize operations, capitalize on market opportunities, maximize profit, and grow strategically.
THIS CLASS WILL EXPLORE:
- Various supplier diversity opportunities with major companies and corporations.
- General capacity requirements and expectations of suppliers, including: objectives, service delivery, record-keeping, financial solvency, business plans and milestones.
- How to position your company for procurement opportunities and growth.
- Opportunities for minority and woman-owned businesses.
- Certifications and marketing strategies.
- Mentoring programs.
- Strategic alliances, teaming, joint ventures, and sub-contracting.
- The critical alignment between Leadership, Strategy, Human Resources, Financial Resources, and Systems.
- How to get access to capital.
- Best practices for effective networking.
- How to maximize SBDC assistance to establish a strategic plan of action.
Price: $79 (lunch included)
Date: December 13, 2016
Location: Clayton State University College of Business; Room T-152
Format: Seminar and panel discussion with local supplier diversity officers and vendors
Contact: 678 466-5100 Email: firstname.lastname@example.org