LG-TEK
Master Subcontract & Supplier Diversity Corporate Plan
Fiscal Years 2021 - 2026
To ensure a continuous focus, officers and executives representing broad functional areas are responsible for ensuring a strong, competitive supply base.
Portfolio managers meet regularly to review supply base considerations and progress in implementing process improvements.
The Chief Executive Officer, President and senior managers meet quarterly to review supply chain strategies to ensure LG-TEK is taking full advantage of the capabilities, competitive pricing, new processes and products, and innovations offered by SB/SDB/WOSB/VOB/SDVOSB/HUB-Zone/HBCU/MIs.
The Supplier Diversity team in SM carries out continual assessments of supplier diversity business process applications and provides related updates and briefings on best practices. The team also serves as liaison to the SB/SDB/WOSB/VOB/ SDVOSB/HUB-Zone/HBCU/MI community.