MBN USA

September 03, 2025

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BOLT bridges gaps in supplier readiness

By Tonya McMurray

 3 Key Takeaways

•  Oncor’s projected growth has created a need for greater supplier capacity across multiple categories.
•  Oncor is launching the Building Opportunities & Leading Transformation (BOLT) program to strengthen its supply chain.
•  Oncor’s and Blue Wave’s three-month cohort program is designed to help 25 to 30 high-potential suppliers access resources to thrive in large-scale procurement environments.

When Oncor Electric Delivery Co. LLC executives looked at its projected growth and long-term plans, they knew the company needed expanded supply chain capacity, but more importantly, suppliers who could meet evolving industry needs.

To help build a stronger, more resilient supply chain, Oncor is launching the Building Opportunities & Leading Transformation (BOLT) program. Designed to empower small and diverse businesses, the initiative connects them with the tools, training and expertise needed to compete successfully for contracts with major corporations and government entities.

Partnering with the Blue Wave Supplier Development Program, Oncor will host a three-month cohort program designed to equip 25 to 30 high-potential suppliers with the resources and strategic insight needed to thrive in large-scale procurement environments.

The Blue Wave Supplier Development Program, created by the Blue Wave International SDP Corp., aids small and mid-sized businesses in understanding international standards and business requirements used by major corporations and government entities during the supplier selection process.

Bridging gaps in supplier readiness

Oncor’s projected growth over the coming years created a clear need for greater supplier capacity across multiple categories, said Grace Hastings, the electric utility’s supplier diversity manager. While many small and diverse businesses are well-prepared to compete, others need additional support to meet evolving requirements.

“BOLT was created to bridge the gap,” she said. “The program ensures suppliers have the tools they need to grow while also helping Oncor build a more resilient supply chain that benefits our customers and the communities we serve.”

The program focuses on key areas such as business continuity planning, cybersecurity readiness, sustainability, and environmental, social and governance (ESG) strategies, quality control systems and overall growth preparedness. By strengthening these capabilities, BOLT aims to help suppliers prepare for new and emerging opportunities.

“By strengthening small and diverse suppliers, Oncor aims to help fuel innovation, expand opportunities and positively impact local economies in the communities we serve,” Hastings said.

To launch the BOLT initiative, Oncor hosted two major outreach events in July. Nearly 500 suppliers attended each event, engaging with Oncor’s business units, connecting with prime suppliers and exploring new avenues for collaboration. Feedback was overwhelmingly positive, with strong interest in both the BOLT program and the upcoming Blue Wave cohort, Hastings said.

The Oncor-sponsored Blue Wave cohort will be supported not only by Blue Wave but also by several of Oncor’s prime suppliers, who are contributing to the training and mentorship efforts. The cohort begins in September, and selected suppliers will undergo tailored assessments, receive expert guidance and learn how to compete for contracts with Oncor and other major corporations.

“BOLT represents more than a supplier diversity initiative,” Hastings said. “It’s a long-term investment in building stronger, more resilient business partners that can help us deliver safe and reliable energy to our customers. By equipping small and diverse suppliers with the tools to succeed, Oncor is helping build economic opportunities that extend beyond our company.”

To learn more about Oncor, visit oncor.com.