SUPPLIER DIVERSITY
Chrysler Group LLC Demonstrates its Historic Commitment to Supplier Diversity and Minority Supplier Development
supplier diversity and minority supplier de- velopment, holding its 12th annual Match- maker event on September 15th at the com- pany’s headquarters
C in Auburn Hills,
Michigan. Matchmaker is focused on pro- viding minority-owned,
women-owned
and veteran-owned businesses access to Chrysler Group’s Tier 1 suppliers and the company’s procurement organization. Since Chrysler first launched the Match- maker event in 1999, it has become a pre- mier networking event in the automotive supplier diversity community. This year’s event grew to more than 2,000 participants, including 270 minority-owned, women- owned, veteran-owned and majority- owned Chrysler Group suppliers. “Chrysler remains as committed as ever
to creating a diverse and sustainable supply base that directly reflects our customer base,” said Sig Huber, Senior Manager– Director-Supplier Relations,
Chrysler
Group LLC. “Matchmaker creates busi- ness connections that ultimately lead to positive economic outcomes for our sup- plier partners, our Company, our customers and our communities.” Chrysler Group’s diversity goals re-
quire that 10 percent of a Tier 1 supplier’s procurement buy be sourced to certified minority suppliers. The sourcing goal for Chrysler Group’s women-owned business program is 3 percent. As for the Chrysler Group, the Company announced early this year that it spent $1.6 billion with approxi- mately 200 minority suppliers in 2010, rep- resenting 13.4 percent of its total annual purchasing. Women-owned businesses, which are tracked separately, accounted for $231 million of the Company’s spending. Overall, the Company purchased $31 bil- lion in direct and indirect parts, materials and services in 2010. Since 1983, the Com-
22 HISPANIC NETWORK MAGAZINE
hrysler Group LLC continued to dem- onstrate
its historic commitment to
merger and acquisition strategies and the use of various computer programs de- signed to assist Tier 1 and minority suppli- ers to do business with one another. Earlier in the week, the company also hosted the Business Consortium Fund Seminar for MBE corporate suppliers; it also maintains
supplierdiversity.chrysler.com, a Web site that serves as a resource to minority suppli- ers seeking information regarding Chrysler Group’s Diversity Supplier Development program.
pany has purchased more than $45 billion from minority-owned suppliers. “Chrysler Group has developed pro- grams like Matchmaker to build and strengthen our minority supply base,” said Kevin L. Bell, Senior Manager–Diversity Supplier Development, Chrysler Group LLC. “Chrysler will continue to create op- portunities for minority-owned, women- owned and veteran-owned businesses be- cause diversity is in the DNA of our Company. Our goal is a well developed, diverse supply chain that is inclusive to all.”
In addition to its robust business-to- business feature, Matchmaker offers mi- nority-owned suppliers unique opportuni- ties to participate in a wide range of development seminars designed to give these suppliers knowledge that can help strengthen their businesses. The seminars, led by the Business Consortium Fund, Small Business Administration, Minority Business Development Agency, Michigan Economic Development Corporation and others, covered such topics as access to capital and minority business services,
Celebrating 19 Years of Diversity
Chrysler Group also continues to sup- port several organizations that assist Tier 1 suppliers with achieving their minority- owned and women-owned sourcing goals. These organizations include the National Minority Supplier Development Council, the Canadian Aboriginal and Minority Supplier Council and the Women’s Busi- ness Enterprise National Council. In addi- tion, Chrysler supports veteran-business ownership through membership with the National Veteran-Owned Business Associ- ation.
About Chrysler Group’s Leadership Commitment to Diversity and Inclusion Chrysler Group historically has been a leader in promoting diversity throughout its enterprise. The company was named one of the 100 Best Companies for Work- ing Mothers by Working Mother magazine 12 times, and has been recognized five times by the Human Rights Campaign Foundation as one of the country’s leading corporations supporting diversity and in- clusion. In 2009 and 2010, Chrysler was named to Hispanic-Business magazine’s prestigious Diversity Elite 60, for imple- menting strategies to reach more Hispanic customers and to pursue more business with minority- and Hispanic-owned sup- pliers.
Source: Chrysler Group LLC & PR NewsWire
www.hnmagazine.com
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