Chrysler Group LLC has received the inaugural Company of the Year Innovation Award for 2013 from the National Minority Supplier Development Council (NMSDC). The newly-created Innovation Award "recognizes a new corporate method, initiative or process to accelerate and positively impact minority supplier development in support of NMSDC's vision, mission and core capabilities – certify, develop, connect and advocate – with particular emphasis on professional services and non-traditional categories."
Chrysler Group was selected to receive the award for the accomplishments of its High Focus Supplier Program. Since 1983, the Chrysler Group has purchased more than $50 billion from minority-owned suppliers.
"I'm pleased to present our inaugural Innovation Award to Chrysler Group," said Joset Wright-Lacy, President of the National Minority Supplier Development Council. "Its High Focus Supplier Program is a best practice that creates a win-win for Chrysler and its suppliers, and serves as a great example of supply chain innovation.