First Minority Supplier Program
GM was the first automotive company to establish a structured Minority Supplier Program in 1968. Since that time, GM has purchased nearly $62 billion in goods and services from direct and indirect minority suppliers.
The foundation of General Motors Supplier Diversity program focuses on enhancing diverse supplier's capabilities by providing developmental tools—this is demonstrated this through a mentorship program and annual recognition of exceptional performing minority-owned companies.
The success of GM's minority suppliers is evident each year when GM issues its Supplier of the Year awards. In 2006, 5 of the 89 recipients to receive top honors were diverse suppliers. Also in 2006 GM continued to demonstrate its leadership commitment to minority supplier development by procuring more than $5 billion in goods and services from direct and indirect minority suppliers. Tier 1 spending accounted for $3 billion and Tier 2 spending totaled $2 billion in the United States.
To Learn More: General Motors Supplier Diversity Program .