Chrysler Group Named One of Nation's Top Corporations for Supplier Diversity
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Company cited for outstanding supplier diversity Over $31 billion spent with minority suppliers
Las Vegas - April 2, 2006 - Chrysler Group was honored last Thursday by DiversityBusiness.com as a Top 50 Corporation for Multicultural Business Opportunities of 2006 at the Sixth Annual DiversityBusiness.com Multicultural Awards Ceremony and Conference in Las Vegas.
The award, also called the Div50, is a recognition of the Top 50 Diversity Corporations in the United States. The award is based upon such factors as the volume, consistency and quality of business opportunities a company grants to women and minority-owned suppliers. Div50 is produced annually by DiversityBusiness.com, the nation's leading multicultural business-to-business online portal for diversity businesses and large organizational buyers, and the largest member organization of diversity businesses in the United States.
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"The Company appreciates recognition by the business enterprises in this growing economic sector," said Peter Rosenfeld, Executive Vice President — Procurement and Supply, Chrysler Group. "DaimlerChrysler is proud to hold a leadership position in the multicultural business community."
In the last seven years, the company has more than doubled dollars spent with minority suppliers, from $1.7 billion in 1998 to $3.8 billion in 2005. This significant increase demonstrates Chrysler Group's long-term commitment to the economic development and growth of its minority suppliers, in addition to distinguishing Chrysler Group as an industry leader in supplier development.
Since 1983, Chrysler Group has purchased more than $31 billion from minority-owned companies and has developed a number of programs to build its minority supplier base. Those include a new supplier diversity Web site (http://supplierdiversity.daimlerchrysler.com), Chrysler Group's Matchmaker program and the Minority Enterprise Initiative (MEI).
Chrysler Group's supplier diversity initiatives have been formally recognized by numerous organizations and have received 57 honors since 1998.
HONORS
· 2006 Top 50 Corporations for Supplier Diversity –
Hispanic Trend Magazine
· 2006 Top 50 Corporations for Supplier Diversity
– DiversityBusiness.com
· 2005 Corporate Advocate of the Year (J.
Joseph) – National Minority Supplier Development Council
· 2005
Hispanic Advocate Award (J. Joseph) – Michigan Hispanic Chamber of
Commerce
· 2005 Corporate Supplier Diversity Advocate (J. Joseph) –
Tuck School of Business Dartmouth College
· 2005 Corporation of the Year
– Michigan Minority Business Development Council
· 2005 Corporate
Advocate of the Year (M. Hails) – Michigan Minority Business
Development Council
· 2005 Buyer of the Year (T. Wright) – Michigan
Minority Business Development Council
· 2005 30 Best Companies for
Diversity (Supplier & Employee Base) – Black Enterprise Magazine
· 2005 Ohio Governor’s Minority Business Development Recognition Award
· 2005 Corporate 100 – Hispanic Magazine
· 2005 Top 50 Corporations
for Supplier Diversity – Hispanic Trends Magazine
· 2004
President’s Recognition Award (T. Sidlik) – National Minority
Supplier Development Council
· 2004 Corporate Advocate of the Year (R.
Hammer) – Michigan Hispanic Chamber of Commerce
· 2004 Corporate
Partner Award – Northern Ohio Minority Business Council
· 2004
Corporate Advocate of the Year (M. Hails) – Michigan Minority
Business Development Council
· 2004 Caleidoscope of Culture Award Supplier
Diversity
· 2004 Distinguished Service Award – New Jersey,
Pennsylvania, Delaware Minority Council
· 2004 Mosaic Multicultural Award
Supplier Diversity – American Advertising Federation
· 2004
Influential Minorities In Business (J. Joseph) – Minority Business &
Professionals Network
· 2004 Corporation of the Year – Native
American Business Alliance
· 2004 Top 50 Companies for Diversity –
Diversity, Inc.
· 2004 Women Who Mean Business (D. Harris) – Minority
Business News
· 2004 Diversity Champion Honor Roll (J. Taylor) – Race
Relations & Diversity Task Force
· 2004 Diversity Supplier Mentor Award (M.
Hails) – National Diversity Opportunity Council
· 2003 Corporation of
the Year – Michigan Minority Supplier Development Council
· 2003
Leadership Award - National Minority Supplier Development Council
· 2003
Corporate Advocate of the Year (M. Hails) - Wisconsin Supplier Development
Council
· 2003 Corporate 100 – Hispanic Magazine
· 2003 Corporate ONE
Leadership Award (H.D. Mujahid) – Michigan Minority Business
Development Council
· 2003 Achievement Award (W.C. Edoff) – Michigan
Minority Business Development Council
· 2003 Diversity Supplier Mentor
Award (J. Joseph) – National Diversity Opportunity Council
· 2002
Corporation of the Year – Michigan Minority Business Development
Council
· 2002 Best of the Decade – Minority Business News Magazine
·
2002 Top 50 Companies for Diversity – Diversity, Inc.
· 2002
Patterson Greenfield Company of the Year – OnWheels Magazine
· 2001
Corporation of the Year – Michigan Minority Business Development
Council
· 2001 MBE Advocate of the Year (R. Hammer) – Michigan
Minority Business Development Council
· 2001 Top 30 Companies for Supplier
Diversity - Working Woman Magazine
· 2001 Inductee Billion Dollar
Roundtable – Minority Business News
· 2001 Star Achievement (W.
Edoff) – PBS Video Series Procurement Resources
· 2001 President
Recognition Award (J. Joseph) – Michigan Minority Business
Development Council
· 2000 Corporation of the Year – National
Minority Supplier Development Council
· 2000 MBE Coordinator of the Year
(J. Joseph) – National Minority Supplier Development Council
· 2000
President’s Star Award – Business Consortium Fund National
Minority Supplier Development Council
· 2000 Corporation of the Year
– Michigan Minority Business Development Council
· 2000 MBE Advocate
of the Year (W. Edoff) – Michigan Minority Business Development
Council
· 2000 Corporate Trailblazer Award (D. Mercer-Pryor) –
Minorities in Business Magazine
· 1999 Corporation of the Year –
National Coalition of Minority Business
· 1999 Corporation of the Year
– Houston Minority Supplier Development Council
· 1999 Hall of Fame
Inductee – Wisconsin Minority Supplier Development Council
· 1998
Corporation of the Year – National Minority Supplier Development
Council (final four nominee)
· 1998 Corporation of the Year – Indiana
Minority Supplier Development Council
· 1998 Corporation of the Year
– Wisconsin Minority Supplier Development Council
· 1998 Coordinator
of the Year (W. Edoff) – Michigan Minority Business Development
Council
· 1998 Buyer of the Year (T. York) – Michigan Minority
Business Development Council
· 1998 Corporation of the Year –
Michigan Hispanic Chamber of Commerce