“At GM, supplier diversity is the economic engine that drives empowerment, equity and inclusion into our supply chain and business community. We are committed to developing diverse suppliers that support GM’s vision to be the most inclusive company in the world, while transforming the industry with electric and autonomous vehicles and related mobility services.” — Tamika Walker, supplier diversity program manager
Q: When did your company
begin its supplier diversity program?
A: 1968.
Q: Can you tell us a bit
about your supplier diversity program history?
A: GM’s corporate
[diversity, equity and inclusion] strategy is focused on three pillars: Talent,
Culture and Market.
Supplier diversity
contributes to the “Market” by driving supply chain inclusion with the
expectation that it will make an economic impact in our diverse business
community in multiple ways, such as wealth creation, employment, tax
contributions, etc.
As the first automotive
[original equipment manufacturer] to launch a formal program in 1968, GM
understands the generational impact of this business imperative. At GM,
supplier diversity is the economic engine that drives empowerment, equity and
inclusion into our supply chain and business community. We are committed to
developing diverse suppliers that support GM’s vision to be the most inclusive
company in the world, while transforming the industry with electric and
autonomous vehicles and related mobility services.
• Our Vision: Achieve
equitable and sustainable supply-chain inclusion goals that ensure long-term
viability for our diverse supply base.
• Our Mission: Serve as
bridge-builders, connecting an ecosystem of diverse suppliers, communities,
advocacy organizations and customers.
• Our Aim: Ensure that
our connections drive lasting business relationships, customer loyalty and
world-class parts and services that support our long-term viability.
We are on target to meet
Tier I and Tier II certified spend goals for 2021 with our 300-plus diverse
suppliers. One of our key program attributes is supplier development, which is
anchored by our five-point development curriculum focused on: financial acumen,
operational excellence, talent acquisition, Tier II inclusion and GM process
knowledge.
In 2021, we invested
over $250,000 in technical assistance programs reaching more than 100 diverse
business through key partnerships such as:
• Tuck Executive
Education at Dartmouth College: Diversity Business Programs.
• Black Technical
Assistance Initiative: Initiative for a Competitive Inner City or ICIC Inner
City Capital Connections Detroit Cohort Sponsor.
• Women’s Entrepreneur
Leadership Lab: Detroit Chapter Sponsor.
Q: Why did your company
decide to become a BDR member?
A: General Motors became
a member of BDR so that we could collaborate and innovate with like-minded
corporate game-changers. BDR is a unique collection of thought leaders that
share best practices and supplier capabilities across multiple industries and
regions of the world.
Q: Besides having a $1
billion annual spend with diverse suppliers, what does it take to be a BDR
company?
A: In addition to spending $1 billion worth of annual Tier I spend with certified diverse suppliers, there are a few additional program elements that need to be in place: The team must be adequately staffed, have a robust Tier II program and be active members of key national and regional advocacy organizations.
Q: What advice would you give to corporations that would like to become BDR members?
A: A few pieces of advice that General Motors can offer are:
• Be patient. This is a
marathon, not a sprint. It takes time to develop and grow long-term supplier
partners. Make sure that your Tier I spend exceeds the minimal threshold and
that the supplier makeup is spread across multiple purchasing categories.
• Be strategic. Do not
discount any opportunity to connect with suppliers and corporate peers;
remember, it is best to have a relationship developed before you need it.
Leverage your internal network to grow your diverse suppliers at both a Tier I
and Tier II level. Sharing suppliers across industries reduces risk, improves
supplier capabilities and delivers a better value proposition.
Q: What advice do you
have for MBEs interested in doing business with your company?Q: What advice do you
have for MBEs interested in doing business with your company?
A: Utilize the data, relationships and lessons you learned from recent contract awards and losses to establish a targeted customer profile and an enhanced [request-for-quote] response process. Lastly, track the time and resources invested, so that you can measure the return on investment or ROI of your business development strategies and make the proper adjustments with each sourcing engagement.
Q: What’s your vision
for the future of minority business development and supply-chain diversity?
A: An old African
proverb says, “Each one, teach one.” My vision is that each minority business
reaches back to mentor and purchase from other minority businesses, while
providing lessons learned, industry insights and future technology road maps
that will help MBEs grow.
To learn more about
general motor’s supplier diversity program, visit gmsupplierdiversity.com.