Ford Exceeds Sourcing Goals for Minority-Owned Suppliers for Fourth Consecutive Year; Provides Opportunity for Global Supply ...
21 Maggio 2014 - 6:30AM
Business Wire
- Ford’s Supplier Diversity Development
(SDD) program exceeds sourcing goals for the fourth consecutive
year. The automaker annually aims to source at least 10 percent of
U.S. purchases from minority, women and veteran-owned
businesses
- In 2013, Ford purchased $6.5 billion in
goods and services from minority-owned suppliers, $1.8 billion in
goods and services from women-owned businesses and $600 million in
goods and services from veteran-owned companies
- Ford encourages its diverse suppliers
to expand business operations globally, increase their capacity and
enhance competitiveness in the global marketplace
Ford’s Supplier Diversity Development (SDD) program aims to
source at least 10 percent of its $50 billion U.S. purchasing
budget with diverse production and nonproduction suppliers
annually. And for the fourth consecutive year, the automaker
exceeded that goal by purchasing $6.5 billion in goods and services
from minority-owned suppliers, $1.8 billion in goods and services
from women-owned businesses and $600 million in goods and services
from veteran-owned companies.
“Ford has been a longstanding supporter of diversity in many
forms, and this includes our supplier base,” said Hau Thai-Tang,
group vice president, Global Purchasing. “These suppliers are an
integral part of our overall growth and sustainability. They bring
a fresh perspective that continues to lead to cutting-edge
innovations and accelerate the development of new vehicles –
vehicles that our customers want and deserve.”
Ford’s SDD program currently works with 400-plus diverse
suppliers; more than 25 of these companies have been doing business
with Ford for more than 20 years. The program also partners with
various community organizations, trade associations and business
leaders to ensure that it continues to represent the interests of
diverse businesses.
Demonstrating its commitment to a diversified supply chain
network, Ford encourages its Tier-1 suppliers to also support
diverse businesses. In 2013, Ford’s Tier-1 suppliers purchased more
than $2.57 billion in goods and services from minority, women and
veteran-owned companies, an increase of 19 percent from 2012.
“For over 35 years, Ford has been committed to growing and
strengthening its relationships with diverse suppliers,” said Carla
Preston, Supplier Diversity Development director. “Through our
Supplier Diversity Development program, we are contributing to the
greater good, leading to new opportunities for economic expansion
and job growth across Michigan, our nation and globally.”
Global expansion
Considering today’s economic landscape, globalization is a
reality for suppliers, and an essential component for growth and
competitiveness. These businesses have the opportunity to supply
Ford outside the U.S. based on commodity requirements, capacity and
footprint.
The global expansion of Ford’s supply base is key as the company
prepares to launch the most vehicles globally in a single year in
more than a century – 23 globally and 16 in North America.
“Our suppliers are encouraged to expand their operations
globally to the extent that there is a viable and sustainable
business model that supports it,” said Thai-Tang. “2014 is a key
year for growth as we enter into one of our most aggressive product
launch year’s ever. As we grow, our suppliers have the opportunity
to grow with us.”
Through mentorship from Ford, a cadre of its diverse suppliers
has entered the global landscape, including:
- EWIE Co. Inc., an Asian Indian-owned
company based in Ann Arbor, Mich., which provides tool management
to Ford’s manufacturing plants in the United States, Canada,
Mexico, India, Romania, Germany, the United Kingdom and
Australia.
- Piston Automotive, an African American
company based in Redford, Mich, which supplies the high voltage
battery pack for the Focus Electric. Piston ships the battery pack
to Ford’s Michigan Assembly Plant and the Saarlouis Assembly Plant
in Germany.
- Flex-N-Gate Corporation (FNG), an Asian
Indian-owned company based in Urbana, IL., which provides bumper
and fascia systems, stampings and exterior trim components to
support the Ford F-150 and Fusion. FNG’s global footprint includes
the United States, Canada, Mexico, Europe and South America.
Supplier Diversity Development program
Ford established its Supplier Diversity Development (SDD)
program in 1978 to empower diverse communities, including women,
minorities and veterans. The goal of the program 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. The program has invested more than $70
billion with women, minority and veteran suppliers since its
inception.
The SDD 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
- 2011, 2012, 2013 Women’s Business
Enterprise National Council America’s Top Corporation
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in
Dearborn, Mich., manufactures or distributes automobiles across six
continents. With about 183,000 employees and 65 plants worldwide,
the company’s automotive brands include Ford and Lincoln. The
company provides financial services through Ford Motor Credit
Company. For more information regarding Ford and its products
worldwide, please visit http://corporate.ford.com.
For news releases, related materials and
high-resolution photos and video, visit www.media.ford.com.
Ford Motor CompanyKimberly
Harry313.310.7615kharry1@ford.comorKristina
Adamski313.588.0849kadamsk1@ford.com
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