Troy, Mich. May 19, 2017 – For the second consecutive year, Valeo North America was recognized with a General Motors Supplier Diversity Award. Valeo NA received GM’s 2017 Supplier IMPACT Gold Award at the automaker’s annual IMPACT Awards meeting held at Detroit’s COBO Center on May 4.
The Supplier Diversity Awards recognize the top 50 suppliers who have excelled in Tier 2 diversity spend. The Gold distinction is awarded to IMPACT award winners who rank in the top 50 and excelled in one additional area beyond top spend. Valeo NA also was recognized for its Year-Over-Year Performance to Goal.
“Valeo falls within the top 12 suppliers for year-over-year improvement in performance to the goal,” said Art McClellan, Valeo NA Purchasing Segment Leader for Supplier Diversity Recruitment. “This shows that when we put forth the effort and focus on a goal, we can achieve it. We want to continue this progress.”
Supplier diversity is a strategic business process for Valeo NA and demonstrates the company’s commitment to Sustainable Development. Valeo is committed to developing and maintaining supplier relationships that provide a source of competitive advantage. Having a diversity program allows Valeo to provide an opportunity for minority, women and veteran owned businesses to participate in the company’s procurement process.
“GM is proud to work with Valeo who has excelled in their Supplier Diversity program and who has worked hard to impact their company’s supply chain with certified, innovative diverse suppliers,” said Donna Gilmer, Supplier Diversity Program Manager, GM.
General Motors was the first automotive OEM to establish a formal supplier diversity program in 1968.