Ford Wins Supplier Diversity Corporation of the Year Award for the Third Consecutive Year

| October 3, 2012 at 1:02 pm
Categories: Breaking, News  |  Print Post   |   Email Post
Ford Wins Supplier Diversity Corporation of the Year Award for the Third Consecutive Year

Ford Motor Company has been named Corporation of the Year by the Michigan Minority Supplier Development Council (MMSDC). Ford is the first automaker to receive the award for three consecutive years, which underscores the company’s commitment to developing and growing a diverse supply base that provides Ford customers with high-quality, fuel-efficient vehicles everywhere in the world. Ford’s collaboration with diversity suppliers has remained steadfast over the past year.

In 2011, Ford purchased $5.08 billion in goods and services from its tier-one minority-owned businesses (MBEs), a 34 percent increase from $3.8 billion in 2010. Ford purchased $1.06 billion from its tier-one women-owned businesses (WBEs), an increase of 22 percent from $866 million in 2010. The increases reflect higher vehicle production and incremental new business of $661 million for existing diverse suppliers. Additionally, Ford’s tier-one suppliers increased their Women and Minority Business Enterprise (WMBE) spend by 29 percent over 2010 or $1.66 billion in total. MMSDC also honored Ford Senior Buyer for Construction & Site Management Purchasing Rod Zonca with Corporate Buyer of the Year for consistently including WMBEs in the bid process, showing WMBE spend growth and advancing supplier diversity and minority economic development.

Ford has aggressively worked to develop and support certified WMBEs to increase capacity and growth, introduce new technology and enhance competiveness within Ford’s supplier network and in the marketplace,” said Tony Brown, group vice president, Global Purchasing, Ford Motor Company. “Incredible innovation comes from our WMBE suppliers as well as increased employment across Michigan. The success of these suppliers equals success for Ford, its customers, and for the state of Michigan as a whole.” Ford is also a nominee for the National Minority Supplier Development Council’s (NMSDC) 2012 Corporation of the Year. The winners will be announced Oct. 31, 2012.

    Rss Feed            Comments Feed

Tags: , , ,

If you liked this article, please subscribe to our       RSS feed, or subscribe to our       email updates.
You could also help by promoting this article using the links below. Your kind heart is what gets us through.

No Comments Yet

                    >> You could be the first to comment!!! <<

Leave a Comment

  (not published)



Web Analytics