40 YEARS OF DIVERSE PROCUREMENT AT STELLANTIS

In North America alone , Stellantis has bought more than US $ 100 billion from diverse owned suppliers since 1983 , and runs a series of programmes to support diverse suppliers , and encourage its own supply chain to improve their diverse sourcing practices .

“ Stellantis US has been a leader in supplier diversity for over 40 years , and was the first automaker to have suppliers follow in our footsteps to promote diverse spend in their own supply bases ,” said Marlo Vitous , Senior Vice President of Purchasing , Supply Chain , and Supplier Quality at Stellantis North America .

HACKETT GROUP : PROCUREMENT COST REDUCTION IS TOP PRIORITY

The Hackett Group ’ s 2024 Key Issues research found improving cost reductions is the highest priority for procurement leaders . It comes as businesses work against a climate of high interest rates , labour shortages , and the challenges of growing revenue .

The ability to maintain supply continuity was the key concern in the 2023 version of the survey , but that issue has now fallen to second place in the survey .

10 March 2024