News
Hong Kong-based business-to-business media group Global Sources has announced a new partnership in India. Global Sources will partner with Infocom Network Limited, which operates a leading Indian online sourcing platform, TradeIndia.com. The two companies jointly will host the Global Sources Machinery & Industrial Supplies Fair at the Bombay Exhibition Centre in Mumbai.
The event will be held Nov. 23-25 and will target domestic Indian buyers and suppliers across a wide range of categories including engineering goods & equipment, machinery, pumping equipment, testing &… more
More than 150 delegates from 14 countries and territories gathered in India for UFI’s, the Global Association of the Exhibition Industry, 9th edition of the UFI Open Seminar in Asia. This is the first time the event has been held in India, which was held in Bangalore and hosted by the Bangalore International Exhibition Centre (BIEC).
UFI’s two-day seminar in Bangalore featured a line-up of speakers including industry veterans such as well-known industry consultant, Jochen Witt, R.E. Rogers’ Ravinder Sethi, UBM Asia’s Executive Vice President, Michael Duck and Adsale… more
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.