Johnson Controls Urges Minority-Supplier Targets

Jan. 13, 2005
Johnson Controls Inc., manufacturer of automotive seating and interiors, held a one-day conference recently to encourage business development between its minority-owned suppliers and other vendors to the company. Twenty-five of Johnson Control's ...
Johnson Controls Inc., manufacturer of automotive seating and interiors, held a one-day conference recently to encourage business development between its minority-owned suppliers and other vendors to the company. Twenty-five of Johnson Control's minority-owned suppliers exhibited products and interacted with executives from about 125 suppliers, looking for ways in which to build strategic business relationships.

The company's formal business development plan calls for it to buy at least 5% of annual total purchased goods and services from qualified minority vendors--$36 million in 1996 and a projected $86 million in 1997--and Johnson Controls is urging its suppliers to develop similar minority-supplier targets.

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!