Get in the Game Los Angeles

Building a Procurement-Ready Supplier Pipeline for the Offshore Wind Industry

As New York City's offshore wind sector expanded, Next Street worked with NYCEDC and a coalition of industry experts including TMI Waterfront Services to design a supplier readiness and ecosystem development program focused on preparing M/W/DBE firms to compete in the emerging offshore wind sector.

Next Street helped design and operationalize a scalable supplier readiness program that prepared businesses to become more competitive and procurement-ready within the offshore wind ecosystem.

Our Approach

• Assessed supplier readiness and capability gaps

• Delivered industry-aligned training and technical assistance

• Connected businesses to industry partners and networks

• Supported prequalification and procurement readiness

Results

• 29 M/W/DBE firms graduated across two cohorts

• 12 NYCEDC contracts secured by participating firms

• 10% average revenue growth reported by participants

• 85% of firms expressed optimism about offshore wind opportunities

Next Street Solutions

• Supply Chain Ecosystem Assessment & Strategy: Gain a data-driven view of your supplier ecosystem to identify readiness gaps, reduce risk, and strengthen sourcing strategies that improve supply chain performance. Learn more.

• Supplier Readiness Tool: A data-driven tool to evaluate supplier readiness, identify gaps, and prioritize the suppliers most likely to perform. See how the tool works.

• Supplier Resource Platform: A centralized platform that helps organizations engage suppliers, improve visibility across their supplier network, and enable more informed sourcing decisions. Learn more.

The Impact
Built a stronger pipeline of procurement-ready suppliers while expanding participation in New York City's growing offshore wind ecosystem.