November’s Message From The President

A MESSAGE FROM THE COUNCIL PRESIDENT

Terrence Clark
Welcome to our November 2015 newsletter. In this month, the New York & New Jersey Minority Supplier Development Council celebrates the achievements of Native American Business owners. We hope that you have been enjoying the information that we have provided this year; and have participated in our seminars and events to date. It is our intent to continue to increase opportunities for corporate members and certified minority businesses. That being said, on October 8th, the NYNJMSDC and Citi presented our 5th annual Sustainability Symposium, which provided information on supply chain sustainability, sourcing, and development. We thank all who attended this impactful conference. We would like your feedback
on this event. Please click here to complete the survey. We extend a special thank you to Citi for their sponsorship of this conference.
For those who attended the NMSDC Annual Conference in San Diego, I hope that the information gleaned at the event will enhance your business opportunities and interests going forward. I thank our corporate members and MBES that attended.
Please visit our website at http://nynjmsdc.org/ for further information on our programs and calendar of events.
On November 4th, we will be holding our Annual Corporate Members Meeting and Reception where we will provide our membership with information on the Council’s 2015 activities, along with presentations regarding the economic impact that MBEs have on the US Economy and information on the NYC Comptroller’s efforts to increase minority business participation in NYC contract opportunities. Our 42nd annual Partnership Awards Gala will celebrate the achievements of our corporate members and MBEs in 2015. The event will be held on Friday, November 13th at Cipriani Wall Street in lower Manhattan. It facilitates a great opportunity to make new business contacts and reconnect with existing ones. Please visit www.NYNJCouncilGala.com for further information and tickets. We look forward to seeing you there.

Terrence Clark, President and CEO

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Corporate Member Spotlight

Guggenheim

Kate Kleyman
Supplier Diversity Manager
Office of Diversity and Inclusion, Guggenheim Partners

Guggenheim Partners is a global investment and advisory firm with over $240 billion in assets under management. Guggenheim’s three primary businesses are investment management, investment banking and insurance services. The firm has approximately 2,500 professionals based in more than 25 offices around the world.
Guggenheim Partners has been a member of the New York & New Jersey Minority Supplier Development Council (Council) for almost a year, with Kate Kleyman taking the lead in developing and managing the Firm’s Supplier Diversity process (also referred to as Guggenheim’s Inclusive Vendor Process) since the launch of the initiative in 2014.

Although Kleyman was not involved in Supplier Diversity prior to this role, she served as a member of Guggenheim’s Strategic Sourcing and Expense Management team and worked closely with the Firm’s Office of Diversity and Inclusion on several initiatives, including serving as a member of the Firm’s Veterans Initiative Advisory Committee and Women’s Innovation and Inclusion Network.

The Office of Diversity and Inclusion (ODI) has established supplier diversity as a key component of the Firm’s overall diversity and inclusion strategy, and through a collaborative partnership, Kleyman worked closely with Charles Spearman, Senior Managing Director and Head of the Office of Diversity & Inclusion, to develop a strategic and operational framework for Guggenheim’s first Supplier Diversity program.

In 2015, Kleyman joined the Office of Diversity and Inclusion team to enhance and manage the Firm’s Inclusive Vendor Process. She works closely with the Strategic Sourcing team to ensure that diverse vendors are included in the supply chain and that the Firm’s sourcing and procurement process and supplier diversity process are fully aligned and integrated.

“The Office of Diversity and Inclusion partners with the Strategic Sourcing team to ensure that diverse vendors are provided information on sourcing opportunities throughout our Firm,” says Kleyman. “We’ve developed a process whereby diverse vendors are considered for RFPs as well as opportunities that do not go through an RFP process. We proactively meet and speak with diverse vendors and corporate colleagues through our strategic networks, such as our membership in the NYNJ Minority Development Council, across various areas and categories. The relationship between the Office of Diversity and Inclusion, the Strategic Sourcing team and the Council has enhanced our ability to provide our internal clients with a greater number of vendor options.” Guggenheim purchases goods and services in areas such as: IT, Marketing and Maintenance.

“Since the launch of our Supplier Diversity program, we have made significant progress in providing suppliers an understanding of Guggenheim Partners and how to do business with Guggenheim. Some of key outreach efforts include hosting, attending and sponsoring supplier diversity programs and events. This includes events with the Council and its members. We also developed and launched an internal supplier diversity marketing strategy in order to ensure that our internal stakeholders understand the value of doing business with diverse suppliers. Collectively, these efforts have increased the number of diverse suppliers that have participated in bids with Guggenheim.”

Guggenheim Partners is currently building an external supplier registration link which will provide suppliers with the ability to register with Guggenheim Partners. In the meantime, suppliers can contact Kate directly at Kate.Kleyman@GuggenheimPartners.com

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