Latin America's AFIDA, U.S.-based SISO Form Collaborative Partnership
July 29, 2013
Looking to tap into each other’s resources, the Society of Independent Show Organizers (SISO) and AFIDA, the International Association of Exhibition Industry in Latin America announced a new alliance at the recent 44th Congress of AFIDA held in Bolivia.
SISO has 160 members worldwide with most based in the U.S., while AFIDA has 72 supplier and exhibition organizer members in Latin America. Because most of those members do not overlap, offering memberships to each organization broadens each other’s reach.
“This agreement will offer our members an unprecedented opportunity to grow their respective brands in and around Latin America, as they see the opportunity of moving their brands into emerging markets and with the knowledge and assistance of our international partners that will make their expansions efficient and cost effective,” said David Audrain, chairman of SISO.
He added, “At the same time. SISO will act as the eyes and ears of the U.S. market as AFIDA organizer members seek opportunities outside of their primary markets. It’s a win-win for both of our associations’ members.”
Working together will allow SISO and AFIDA association members to expand outside of their geographic areas for more opportunities.
Each organization also will share their ideas, research and data, which will further assist members.
“This agreement will encourage a new synergy as both associations, recognizing the unique benefits of the International exhibition industry for enhancing world trade, cooperate in promoting the industry, maximizing networking opportunities and heightening the general public’s awareness of the value of the exhibition industry,” said Andrés López Valderrama, AFIDA’s president.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
Add new comment