Including minority business enterprises in your roster of suppliers can generate meaningful business benefits, says Joset Wright-Lacy, president of the National Minority Supplier Development Council.

What do you look for in a supplier? Quality products and services, favorable pricing, reliability, flexibility … the list of possibilities is a lengthy one. Joset Wright-Lacy would like supply chain professionals to add something to that list that they often don’t consider: a supplier’s ownership.

Wright-Lacy, a Georgetown-educated lawyer who formerly was vice president of procurement and property services for a major telecom company, is president of the National Minority Supplier Development Council (NMSDC). The nonprofit organization’s mission is to advance business opportunities for certified minority business enterprises, or MBEs.

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