Buy Newark.
Strengthening the local economy through strategic procurement.
Recognizing the economic power of our Members’ need for goods and services, the Buy Newark initiative promotes the development of a local supply chain by encouraging Members to spend and contract with Newark businesses. Buy Newark connects Newark suppliers from a wide array of industries to contracts that are enabling their business to grow.
Buy Newark strategies include:
Identifying specific procurement opportunities to increase our Members spending with local, minority-owned Newark-based businesses that can meet their needs.
Leveraging strategies and partnerships to strengthen the existing and pipeline of businesses with the capacity to meet procurement demand.
Developing ambassadors for inclusive procurement policies, procedures, and practices that share their knowledge with the broader public and private sectors.
Buy Newark has developed a program strategy to connect Newark’s diverse supply and demand needs.
Recent Buy Newark activities include:
Engaging diverse, local suppliers to match with public and private sector purchasing needs.
Providing consulting support to Members on how to meet their individual and shared procurement goals and activities with local resources.
Collecting data and providing custom benchmark analysis to identify opportunities for growing spending with local minority and women-owned businesses.
Developing dynamic tools, like a supplier database of Newark-headquartered suppliers, to connect Members to Newark entrepreneurs.