supplier diversity
Partnering with Supplier Diversity
by Eric Zorn, Executive VP & President,Wal-Mart Realty
A
s we continue our journey of have been able to see first-hand the suc- new stores and remodel and facility
providing great service and cesses that growing our diverse suppliers maintenance programs. Some of those
establishing strong business have afforded us as accompany. relationships include Broadway Consoli-
partnerships, Wal-Mart Realty is com- The past several years have been dated, Crossland Construction and Pow-
mitted to making advancements in the especially fruitful. Wal-Mart’s Supplier ers and Sons. Our relationship with Pow-
realm of supplier diversity. Diversity program’s direct spend is pro- ers and Sons strengthened after the first
Partnering with Supplier Diversity is jected to be more than $6 billion this summit. Because of this, we sponsored a
important to the advancement of our year, a 25% increase over 2007. On top scholarship for Powers and Sons to go
future projects in Wal-Mart Realty. With of that, our 2nd Tier spend is projected to through the Tuck School of Business, a
that partnership comes the ability to cre- be around $2 billion. That is a great program at Dartmouth College that helps
ate new jobs and opportunities for accomplishment, and Wal-Mart Realty is businesses realize their full potential.
minority- and women-owned businesses, proud to be part of that. We understand that continuing to
as well as the ability to connect at the The Supplier Diversity team’s part- build great supplier partnerships will
local level to the communities where our nership with Wal-Mart Realty’s procure- help increase the effectiveness of our
projects are at the forefront. Strengthen- ment, maintenance and construction business. While increasing the business
ing those relationships with minority- business is a flourishing success. There we do with minority- and women-owned
and women-owned businesses is the is a strong commitment to increasing the businesses, we are helping to also
right way to create momentum for our company’s relationships with minority- increase the diversity talent pool in the
company. and women-owned contractors in our real estate and construction fields. We
As a member of the Supplier Diversi- building program. This commitment led are proud of the success we have had,
ty Internal Steering Committee, a com- to us hosting annual minority construc- but are also excited about the future
mittee filled with leadership across the tion summits. These summits include opportunities on our journey. square6
largest spending areas of our company, I suppliers interested in working on our Source:
Diveristybusiness.com
Ford Motor Company Maintains Auto Industry
Leadership in Supplier Diversity
F
ord Motor Company says that its spent $1.2 billion with tier two minority- “Moreover, we encourage our tier one
percentage of spending with and women-owned businesses in 2008. suppliers to follow Ford’s lead and con-
minority- and women-owned Spending by tier one suppliers at the tier tinue their efforts in using women and
businesses in the U.S. remained in line two level in 2007 was $2.1 billion. minority suppliers.”
with prior years, following through on “Ford has played a leadership role in As part of Ford’s commitment to a
the company’s commitment to maintain the auto industry in supporting minority- diverse supply base, the company
a diverse supply base. and women-owned businesses,” said launched a new initiative in October
Ford purchased $3.3 billion in goods Tony Brown, group vice president, 2008 to assist suppliers in developing
and services from its tier one Minority Global Purchasing. “Despite the indus- innovative products and technical
Business Enterprises (MBE) and try turmoil, we are not about to walk expertise. Under the program, called the
Women Business Enterprises (WBE) in away from our commitment to a diverse Joint Technology Framework (JTF),
2008. In 2007, Ford purchased a record supply base that reflects the customers Ford will provide designated suppliers
$4.2 billion in goods and services from who buy our vehicles. special access to intellectual property
tier one MBEs and WBEs in the U.S. “Although the total dollar amount we assets so they can develop products for
Both figures equal approximately 10 spent is down as a result of lower indus- future commercial use. Six minority and
percent of Ford’s spending with U.S. try volumes, our promise to support women owned business enterprises are
suppliers for the 2007 and 2008 periods. minority- and women-owned businesses initial participants. square6
In addition, Ford’s tier one suppliers remains as solid as ever,” Brown said. Source:
diversitybusiness.com
20
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