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10/17/2023 0 Comments

How Scaleup Partners with Fortune 200 Enterprises to Scale Diverse-Owned Businesses

Driving Equity Through Supplier Diversity
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Scaleup is on a mission to close the $300 billion gap in committed spend to diverse-owned suppliers by enabling Fortune 200 enterprises to scale their most promising diverse suppliers. Founded by three innovators who incubated the company at Amazon, Scaleup is committed to creating a more equitable marketplace through innovative tools and strategic partnerships.
What’s New at Scaleup?
Since becoming an independent entity in January 2023, Scaleup has partnered with some of the world’s largest enterprises to drive meaningful change. A highlight of this work is the Scaleup Readiness Assessment™ (SRA), a proprietary tool designed to evaluate suppliers’ ability to scale in critical functional areas. Beyond just an assessment, the SRA serves as a supplier management tool to strengthen capabilities, decrease vetting time, and boost supplier confidence.

Exciting Updates:
  • Initial Cohorts Near Capacity: Enterprises working with Scaleup gain early access to the SRA, which streamlines supplier vetting and accelerates scalability.
  • Demo the SRA at NMSDC: Attendees at the 2023 NMSDC Annual Conference & Exchange can schedule a 15-minute demo to preview this groundbreaking tool.

Partnering with Fortune 200 Enterprises
The gap between current spend and planned spend on diverse suppliers is growing. To meet ambitious goals, enterprises must invest resources in scaling diverse suppliers. Scaleup collaborates with procurement and supplier diversity leaders to create more $100 million diverse suppliers, reduce supply chain risks, and drive equity through commerce.

Key enterprise partners include: Capital One, Cisco, CVS Health, JPMorgan Chase, A Fortune 100 technology company, and more industry leaders. Together, these organizations are building stronger, more sustainable supply chains while delivering on diversity commitments.

A Stellar Board of Directors
Scaleup’s mission is guided by an exceptional Board of Directors
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Janice Bryant Howroyd: A trailblazer in supplier diversity and the first Black woman to own a billion-dollar business, Janice brings unparalleled expertise in scaling businesses and developing global supplier diversity strategies.
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Jose Turkienicz: A leader in procurement and supply chain management, Jose’s experience includes roles at UPS, Aramark, and Campbell Soup Company. His insights will help Scaleup deliver strategic value to enterprise customers.
Join Us at the 2023 NMSDC Annual Conference
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Scaleup will be attending the 2023 NMSDC Annual Conference & Exchange in Baltimore, Maryland, from October 22–25. Meet with our team to learn more about how Scaleup can help your enterprise scale diverse suppliers and achieve your goals. Email Brandi Neloms, Head of Customer Experience, to schedule a demo at [email protected].
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