Texas Instruments Inc.
How old is your supplier
For decades, Texas
Instruments (TI) has recognized that engaging minority- and women-owned
business entities and other disadvantaged business enterprises in our supply
chain provides TI with unique, innovative and cost-effective products and
services. Our small/disadvantaged business program started in the 1960s with
our systems group and expanded to all domestic businesses in 1989.
Tell us, in 200 words or less, a bit about your supplier diversity program and why it is successful.
For decades, TI has
actively pursued business opportunities with minority- and women-owned business
enterprises (M/WBEs) and other disadvantaged business enterprises in the U.S.
to drive economic equity and provide the company with unique, innovative, cost-effective
products and services. Our objective is to use an inclusive sourcing model that
seeks out and enables certified disadvantaged business enterprises to qualify
and successfully compete for our business.
Our supplier diversity
initiative – focusing on M/WBEs – formally launched in the late 1980s. Since
then, TI joined the Dallas Fort Worth Minority Supplier Development Council and
became a founding member of the North Texas Women’s Business Council, known
today as the Women’s Business Council – Southwest (WBCS). By remaining actively
involved with these councils, TI helps support North Texas women and minority
businesses with their education, certification and business development
initiatives. Additionally, TI mentors local diverse businesses to help them
sharpen skills, such as bidding on contracts, company sales pitch, client
diversification and building supplier partnerships.
Our Supplier Diversity
Program Office is dedicated to promoting U.S. certified M/WBEs and other
disadvantaged business enterprises, to support the development of an inclusive
supply chain and help make our communities where we do business stronger.
What are some best
practices that will make supplier diversity programs better?
Supply diversity programs
should continually promote the value of a diverse supply chain and the
competitive advantage working with minority- and women-owned business
enterprises and other disadvantaged business enterprises can offer a company
At TI, we actively involve
business leaders in our supplier development initiative. This initiative helps
promising diverse suppliers operate more efficiently, grow their businesses and
contribute meaningfully to the regional economy. Through this initiative,
current diverse suppliers are matched with a procurement mentor and a business
unit mentor, who works with the suppliers for one year. Together, they develop
plans to remove potential growth barriers. Each quarter, participants in the
initiative meet to learn more about TI’s business results, strategic direction
and procurement needs.
To learn about Texas
Instruments, visit ti.com/about-ti/suppliers/supplier-diversity.html.