For a sixth straight year, the Women’s Business Enterprise National Council (WBENC) has named Fiat Chrysler Automobiles a “Top Corporation for Advancing Women-owned Businesses,” making the automaker one of just 66 organizations to meet the group’s strict standards. FCA’s supplier diversity goals in the United States require at least seven percent of the carmaker’s procurement buy be sourced from certified women-owned businesses. Last year, FCA’s US division spent more than $3 billion with Women’s Business Enterprises (WBEs), and since 1983, it’s spent nearly $62 billion buying from minority-owned, women-owned, and veteran-owned suppliers.
In 2016, FCA was even named the Michigan Minority Supplier Development Council’s “Corporation of the Year“, in recognition of the automaker’s support for minority-owned suppliers.
“America’s Top Corporations know that stronger WBEs will drive new sources of revenue, deepen customer satisfaction and generate a stronger economy,” says WBENC President and CEO Pamela Prince-Eason.
Scott Thiele, Chief Purchasing Officer for Fiat Chrysler Automobiles, says that “supplier diversity has been embedded in this company for the past 35 years and together with our diverse suppliers we are able to contribute to our mutual growth. The support WBENC provides for women-owned businesses not only strengthens the automotive industry, but also helps inject the voice of women into every vehicle we make.”
Fiat Chrysler Automobiles also takes steps to help its suppliers achieve their own goals with regard to sourcing from minority-owned, women-owned, and veteran-owned businesses, supporting organizations like the National Minority Supplier Development Council, Canadian Aboriginal Minority Supplier Council, WBE Canada, WEConnect International, the Veteran Owned Business Roundtable, and the National Veteran-Owned Business Association.