Under the leadership of Anand Stanley, director of supplier development at United Technologies, the company has increased spend with diverse businesses to over $950 million, far exceeding the 2008 spend goal, with a fouryear component annual growth rate of 27%. The company’s greatest supplier diversity challenge is to ensure its program remains best in class, so it strives to actively promote supplier diversity initiatives across all its business units. It has also initiated a gap analysis and implementation plan that will position it to become a member of the Billion Dollar Roundtable.

A company made up of seven diverse businesses, United Technologies understands the value that diversity delivers and the competitive advantages that it brings. Programs like the UTC Diverse Business Exchange continue to flourish and grow. Suppliers meet key supply management and operations associates at the company and Tier One suppliers to discuss sourcing opportunities and learn about its diversity initiatives.

Favorite Quote

“At UTC we capitalize on the innovation and productivity from diverse suppliers while supporting the communities where we live and work. As a company made up of 7 diverse businesses we understand the value that diversity delivers and the competitive advantage it brings our company.”

  Back to list

 

StartIndex cannot be less than zero. Parameter name: startIndex