Ford Exceeds Sourcing Goals for Minority-Owned Suppliers for Fourth Consecutive Year; Provides Opportunity for Global Supply Base Expansion

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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.

 

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