- In 2013, Ford spent $1.8 billion with tier-one, women-owned suppliers, up from $1.2 billion in 2012 – a 50 percent gain
- Higher spending comes as Ford celebrates 36 years of working with Women’s Business Enterprise; sourcing goals date back to 1978
- Ford honored as an America’s Top Corporation by Women’s Business Enterprise National Council for third consecutive year
DEARBORN, Mich., March 12, 2014 - In
celebration of National Women’s History Month, Ford Motor Company today
announced it increased its sourcing with Women’s Business Enterprise
companies 50 percent last year, purchasing $1.8 billion in goods and
services from tier-one, women-owned suppliers, up from $1.2 billion in
2012.
“For 36 years, Ford has been committed to working
with a supply base that is both diverse and innovative,” said Birgit
Behrendt, vice president, Ford global programs and purchasing
operations. “Our women-owned suppliers bring an evolving perspective to
the needs and wants of our customer base, which inevitably contributes
to Ford’s continuous growth.”
Ford established its Supplier Diversity Development
program in 1978 to empower diverse communities, including women,
minorities and veterans. The goal is to help create wealth by fostering
diversity across Ford’s supply chain – prompting consideration of Ford
products among those who do business with the company.
Ford works with more than 150 women-owned suppliers,
having done business with seven of these companies for more than 25
years. Ford also is celebrating 50 years of business with Roseville,
Mich.-based Atlas Tool. Elizabeth Schmidt is owner and CEO of Atlas,
which provides high-quality stamping dies to the stamping industry.
During the Women’s Business Enterprise National
Council’s annual conference later this month, Atlas Tool, as nominated
by Ford, will receive the council’s 2013 Women’s Business Enterprise
Stars award.
Additionally, Ford will be recognized for a third
consecutive year as one of America’s Top Corporations for 2013. The
award honors the company’s best-in-class practices to proactively
integrate women-owned businesses into its supply chain at all levels.
Ford was the first automaker to earn this honor in 2011.
“I salute Ford for its dedication to and investment
in women-owned businesses,” said Pamela Prince-Eason, president and CEO
of Women’s Business Enterprise National Council. “Women business owners
have become a driving force in today’s economic landscape, and with
support from companies like Ford, their access to capital and other
leadership opportunities will continue to increase.”
Ford’s Supplier Diversity Development program has
invested more than $70 billion with women, minority and veteran
suppliers since 1978. Ford’s goal is to source more than 10 percent of
its annual $100 billion in global purchasing budget with diverse
production and nonproduction suppliers.
The Supplier Diversity Development program has been
recognized by numerous national organizations for its supplier diversity
efforts including:
- 1988, 1998, 2001, 2012 National Minority Supplier Development Council Corporation of the Year
- 2010 DiversityInc magazine Top 10 Best Companies for Supplier Diversity
- 2010, 2011, 2012 and 2013 Michigan Minority Supplier Development Council Corporation of the Year
- 2010 and 2013 Asian Pacific Chamber of Commerce Corporation of the Year
- 2011, 2012, 2013 United States Hispanic Chamber of Commerce Million Dollar Club
1 comment:
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Women owned businesses
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