Where in the world does Cisco operate?
San Francisco, California, U.S.A, Cisco has several
branches all around the world, such as in Beirut, Dubai and Kuwait (Wikipedia, n.d.).
Suppliers:-
Previously
in the United States, small and diverse businesses have been underutilized as
suppliers by large corporations. A policy of promoting supplier diversity by
large businesses creates a greater opportunity for all businesses to
participate in subcontracting opportunities (Wikipedia,
n.d.).
Cisco support different type
of businesses such as:- small business, veteran-owned small business,
service-disabled veteran-owned small business, HUB Zone small business, small
disadvantaged business, women-owned small business, minority-owned business,
and women-owned business concerns and business enterprises (Cisco, n.d.).
One of the best competitive
advantages that Cisco has is diversity of suppliers that makes Cisco
collaborate with partners and other entities in a very efficient way. In
addition, it also gives Cisco an edge when trying to satisfy customers and
meeting their expectations. Because Cisco operates in the united sates, by law
it has to have diverse procurement form different suppliers, thus this will
also ensure that Cisco deals with as many suppliers as possible (Wikipedia, n.d.).
Expanding
Suppliers
Established 14 years ago the Cisco Supplier
Diversity Business Development (SDBD) Program, was created to expand Cisco's
network of diverse suppliers. The SDBD team focuses on identifying potential
suppliers and facilitates relationships between them and Cisco representatives
who can potentially use their products and services (Wikipedia, n.d.).
In partnership with the U.S. Small Business
Administration and the City of San Jose, in the year 2000, Cisco established
the San Jose Entrepreneur Center. The center's mission is to provide
entrepreneurs with a full range of support services in one location to help
them succeed in today's competitive environment. The services include financial
services, technical assistance, training, technology, and advice on procurement
and international trade (Cisco System, n.d.).
The SDBD team conducts supplier diversity
training throughout Cisco's business units on an ongoing basis. Externally,
Cisco holds quarterly "How to Do Business with Cisco" seminars, which
are conducted at Small Business Administration (SBA) centers in San Jose,
Oakland, and San Francisco, California. (Cisco System, n.d.).
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