Ford Motor Company named another 12 strategic suppliers it will enter into new Aligned Business Framework agreements with to strengthen collaboration and develop a sustainable business model to drive mutual profitability and technology development.
These suppliers join 12 other suppliers identified since September 29, 2005 who have the capability to provide technological innovations and show a commitment to quality, costs and delivery performance.
More suppliers will be named in the coming weeks and months as we complete the first phase of our initiative and engage these suppliers in discussions to gauge their willingness to enter into an Aligned Business Framework agreement that will outline the nature our relationship in the future.
Ford expects to wrap-up the first phase (i.e., naming the two, three or four strategic suppliers providing 100% of the global buy for each of 20 high-impact commodities) by mid-2006. While certain suppliers haven’t been identified, it doesn’t necessarily mean they won’t become one of Ford’s family of strategic suppliers.
Ford’s Family of Strategic Suppliers (as of December 1):
Chassis Systems (Dana/GKN JV)