Philip Morris Companies Inc. (Special Advertising Section).The Supplier Diversity Supplier Diversity is a business program that encourages the use of previously underutilized minority owned vendors as suppliers. It is not directly correlated with supply chain diversification, although utilizing more vendors may enhance supply chain diversification. Program of the Philip Morris family of companies maintains one of the strongest records in the country--with purchases of more than $1 billion each year since 1999. The company began this initiative three decades ago and remains steadfastly committed to partnering with firms owned by minorities and women. The reason wiry wir·y adj. 1. Resembling wire in form or quality, especially in stiffness. 2. Sinewy and lean. 3. Filiform and hard. Used of a pulse. the Philip Morris companies--which include Kraft Foods Inc., Miller Brewing Company Miller Brewing Company is the second largest American beermaker and is based in Milwaukee. It is owned by SABMiller. Miller owns breweries in Albany, Georgia; Chippewa Falls, Wisconsin; Eden, North Carolina; Fort Worth, Texas; Irwindale, California; Milwaukee, Wisconsin and and Philip Morris U.S.A.--makes supplier diversity a priority is simple: It's good for business. Our goal is to annually increase our spending levels with these enterprises. In the words of William Webb, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. al Philip Morris Companies Inc: "Our commitment to supplier diversity is integral to how we do business. In addition to adding value, minority- and women-owned businesses have benefited our operations because they provide competitively priced goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. and excellent quality." Shawn Buchanan, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of All American Meats, Inc. in Omaha, Nebraska, has been supplying Kraft Foods with raw materials since 1996. "Companies like mine are able to grow because of the Philip Morris companies' dedication to diversity," says Buchanan. "We would not be the business we are today without committed companies like Kraft." Buchanan's growing list of prestigious awards includes BLACK ENTERPRISE magazine's "Emerging Company of the Year." In 2001, the Philip Morris Supplier Diversity Program reached a new spending record of $1.4 billion in purchases, and Philip Morris Companies Inc. was the only consumer products company inducted as a charter member in the Supplier Diversity Billion Dollar Roundtable (BDR BDR Border BDR Bangladesh Rifles (military forces in Bangladesh) BDR Backup Designated Router (networking) BDR Bombardier (artillery rank) BDR Backup Disaster Recovery ). This initiative of corporations that each spends over $1 billion annually with minority- and women-owned businesses was established last March with 10 charier BDR members pledging to work together to increase opportunities for diverse suppliers. For more information on Philip Morris' diversity programs, visit www.philipmorris.com |
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