Memorandum of Understanding with AmCham

Memorandum of Understanding

Preamble

The American Chamber of Commerce in Australia (AmCham) is an advocate of Supply Nation’s goal of forging new links – and strengthens existing links – between large mainstream businesses and Indigenous enterprises and entrepreneurs, to bring mutual benefits and drive greater Indigenous economic engagement.

AmCham members represent multinational, national, state and local businesses who are committed to supporting Australia’s Indigenous entrepreneurs impact the supply channel locally and internationally. Our members believe Indigenous social and economic inclusion is critical to both national and economic prosperity.

Supply Nation’s mission is to connect Australian corporate and government organisations with Certified Indigenous Suppliers who are already achieving success or have the potential to develop into vibrant, vital businesses. Its aim is to ensure that Certified Indigenous Suppliers have the opportunity to be integrated into the supply chains of Australian companies and government agencies.

Intent

This agreement will support both AmCham and Supply Nation, allowing us to develop and embed the right capabilities within our member businesses and Supply Nation’s Certified Suppliers to ensure supplier diversity becomes a standard practice in Australian business.

Parties

This is a Memorandum of Understanding (MOU) between:
American Chamber of Commerce in Australia and Supply Nation

Implementation and relationship

• AmCham CEO and Supply Nation CEO will meet annually to review outcomes and plan the year ahead.
• There will be quarterly scheduled meetings between the AmCham Leadership and Supply Nation Leadership.
• The parties will arrange joint networking and knowledge-sharing events.
• AmCham to use and/or profile Supply Nation Certified Supplier/s at AmCham events where possible.

Projects

AmCham will instigate an Indigenous engagement member survey to track member procurement activities and identify growth areas for Indigenous business development.

Timeline

The MOU will commence 1st July 2014 and be reviewed annually at the meeting of the CEOs.