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Our commitment to diversity –
in choosing suppliers and every other area of our business gives
us many advantages as we strive to succeed in a highly competitive
industry. |
Richard McGinn
Retired Chief Executive Officer
Lucent Technologies |
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| Lucent Technologies |
Lucent Technologies designs and delivers networks for the world’s largest
communications service providers. Backed by Bell Labs research
and development, Lucent relies on its strengths in mobility,
optical, data and voice networking technologies, as well as
software and services to develop next-generation networks.
The company has saved more than $83.5 million in procurement
costs through relationships with minority-, women-, and disabled
veteran-owned business enterprises and has found that such
contractors can provide solutions to industry problems as
well as savings to the company. One of Lucent’s suppliers,
the Hispanic-owned Summit Container Corp., developed an innovative
method for protecting circuit packs from electronic discharge
damage during shipment. Summit works with Goodwill Industries
of Oklahoma City where workers store, assemble, and deliver
the containers to a nearby Lucent facility. Lucent also collaborates
with intermediaries like the National Minority Supplier Development
Council
and the Women’s Business Enterprise National Council,
which helps Fortune 500 firms identify and certify diversity
contractors and provides information and conferences on best
industry practices. The National Congress for Community Economic
Development
has connected Lucent with minority- and women-owned companies
that buy equipment and components and sell them as finished
products to regional telephone companies and other customers.
Over the last five years, Lucent has bought almost $6 billion
in goods and services from companies owned by minorities,
women, and disabled veterans. It has also benefited from technology
sales to such firms in excess of $1 billion.
For more information, contact Heather L. Herndon, National Director, Lucent Supply Chain Diversity at hherndon@lucent.com or at (972) 858-4795.
find an expert who can help your company with purchasing and procurement |
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