Download presentation
Presentation is loading. Please wait.
Published byTyler Fields Modified over 9 years ago
1
1 ALIGNING MINORITY SUPPLIER DEVELOPMENT WITH THE CORPORATE STRATEGIC PLANNING PROCESS Reginald Humphrey Supplier Diversity Manager October 29, 2013
2
2 General Motors GM’s 5 Guiding Principles -Safety and Quality First -Create Lifelong Customers -Innovate -Deliver Long-Term Investment Value -Make a Positive Difference Our 212,000 plus employees work in 396 facilities touching six continents, they speak more than 50 languages and touch 23 time zones 21,000 Dealers/18, 500 Suppliers support the full value chain Our Chairman and Chief Executive Officer Dan Akerson says it best -“We win when the customer says we win.”
3
3 Define & Apply Alignment the proper adjustment of the components of an electronic circuit, machine, etc., for coordinated functioning: The front wheels of the car are out of alignment. a state of agreement or cooperation among persons, groups, nations, etc., with a common cause or viewpoint. Strategy a plan, method, or series of maneuvers or stratagems for obtaining a specific goal or result: a strategy for getting ahead in the world. Source: www.dictionary.reference.com
4
4 Corporate Alignment PerformanceStrategy CompressionScale/TEC Corporate Sourcing Tools Strong Supply Base YOY Spend (KPI) Enablers Sr. Leadership Engagement Spend Tracking & Visibility (KPI) Performance metrics linked to Compensation rewards Leverage external networks to identify suppliers -(Big 3, AIG, NMSDC, etc..) Enhance internal vetting process of new suppliers Focused Internal/External Matchmakers Robust data to identify areas of improvements -(Tier 2 system/Surveys) Strategy development aligned to the new vision (JV, Tier X, etc..) Roadblocks Diverse supplier exclusion (Sourcing tools) Lack of accountability -(Corp & Tier 1) Misaligned supplier strategies Capital constraints
5
5 Keys to successful alignment Corporate Customer focused First to market Scale/Footprint/TEC Buyer Engagement Core metrics/KPI’s Risk mitigation Sustainability Communication/Training MBE Robust business model Innovative product/service Resources/Capacity/Locations Sales Strategy Customer & Sub-Tier performance Diverse Portfolio/Strong financials “Green” technology/services Proactive feedback & participation
6
6 Thank You!
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.