DEARBORN, Mich. – Ford Motor Co. purchased $5.4 billion in goods and services from its minority and women's business enterprises in 2006, according to a statement released by the company. The program was established in 2003.
Ford purchased $3.6 billion in goods and services from Tier One minority business enterprises (MBE) in 2006 and Ford's Tier One suppliers reported over $1.8 billion in spending with minority and women's business enterprises. Ford's women's business enterprise (WBE) program sourced over $855 million with Tier One women-owned suppliers.
Ford maintains supplier diversity reporting requirements for Tier One companies and encourages the use of the M-Tier Diversity Reporting System as a tool for managing the utilization of minority and women owned suppliers.
"Growing our business with minority and women suppliers is part of our strategy to be good corporate citizens in the communities where we do business," said Armando Ojeda, director, Supplier Diversity Development, Global Purchasing. "Ford Motor Company understands the importance of having its supply base reflect its customer base."
