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Walmart VP pitches principles to biz-seeking entrepreneurs

MBDABusinessoftheYear 600Service, price and commitment to the community are bankable principles the way Kevin S. Jones sees them and he shared that viewpoint while in Memphis last week.

Vice President of Inbound Transportation for Walmart Corporation, Jones was the keynote speaker last Friday (Nov. 16) at the Holiday Inn-University of Memphis as the Mid-South Minority Business Council (MMBC) Continuum and the Minority Business Development Agency (MBDA) Business Center wrapped up MEDWeek 2013.

Walmart, said Jones, was founded on the principles of service, price and commitment and still operates on them today. Small business owners who become part of the corporation's system of suppliers mirror Walmart's embrace of those principles, he said.

KevinJonesSpeaker 600In 2013, Walmart has spent over $11.6 billion in Tennessee. With nearly 9,000 locations in existence since 1962, Walmart plans to open an additional 500 stores worldwide by 2016.

Jones voiced the corporation's commitment to increasing sourcing for minority, women and veteran-owned businesses. He said Walmart guarantees employment for veterans.

MEDWeek is an annual recognition of the power of minority-owned businesses to fuel the economy. A week of classes and seminars included bid training and leveraging cost and pricing strategies. All unfolded under the umbrella theme of "Traversing the Life Cycle of Minority Owned Businesses."

MEDweekPricingSeminarDSC 600The luncheon capped the week and featured the annual presentation of the Robert R. Church Sr. Achievement Awards. The 2013 winners are:

• Apex of the Year Award –The City of Memphis.

• Scalable M/WBE Business of the Year –Strategists Technology, Inc.

• M/WBE Quality Assurance Award – Kerr Brothers, Inc.

• MBDA Business of the Year – ServiceMaster Facilities Maintenance, Inc.

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