AT&T Named One of America's Top Corporations for WBEs
Tuesday, March 08, 2011
INCLUSION OF WOMEN BUSINESS ENTERPRISES IN ITS SUPPLY CHAIN EARNS TOP
For the 12th year in a row,
Women’s Business Enterprise Council Names
AT&T to its list of Top 20 Companies for Women-Owned Businesses
Dallas, Feb. 23, 2011— AT&T* has been listed as one of America’s
Top Corporations for Women’s Business Enterprises (WBEs) in recognition of its
efforts to include women-owned business in its supply chain as well as help
them succeed in securing contracts from other large corporations.
This is the 12th consecutive year that the
Women’s Business Enterprise National Council (WBENC) has recognized AT&T in
its annual ranking. AT&T is only one of three U.S. companies to have
received the award every year since its inception. WBENC
is the leading advocate for the inclusion of women as suppliers and vendors to
the nation's corporations.
"We are both honored and encouraged by the WBENC’s
recognition over the past 12 years of our efforts to bring women-owned
suppliers to our chain,” said Tim Harden, president, AT&T Supply Chain and
Fleet Operations. "Diversity in our supply chain is simply how we choose
to do business. Women owned firms provide solutions in every part of business
and we wouldn’t be successful in the marketplace without them,” he added.
AT&T’s efforts to expand its spend with women-owned
businesses is part of its Global
Supplier Diversity initiative.
Since it began in 1968, AT&T has spent more than $59 billion with diversity
suppliers. Despite recent times of economic change, AT&T has increased
diversity spend more than $3 billion in the past two years. AT&T has
an aggressive target of purchasing 21.5 percent of its total procurement from
diversity suppliers—one of the highest supplier diversity spending targets
In 2010 AT&T spent $3.2 billion with women business
enterprises, more than six percent of its total purchasing. In addition,
AT&T works to develop women-owned businesses for success. Last year,
AT&T graduated seven minority-women owned companies from its Women of Color
Businesses Growth Initiative. This rigorous year-long program helped
those businesses develop the tools and expertise to win large corporate
contracts. Mentoring and coaching, TL9000 quality certification
webinars and other activities helped participants prepare for operating
effectively within a global supply chain. The program also focused on
incorporating cutting-edge technology to improve business operations, removing
defects and increasing customer satisfaction.
With the new AT&T Women Entrepreneurial Forum, more
than 30 women business leaders collaborate and identify future business
requirements and emerging communication needs and trends. And, through
AT&T’s quarterly ‘Meet the Primes’ Matchmaker events, WBEs are
strategically matched with other corporations in one-on-one meetings to find
business opportunities. Last year AT&T introduced 186 diverse firms
to 21 of its prime suppliers, resulting in several signed contracts and over a
hundred continuing business leads.
AT&T is one of the original members of the Billion
Dollar Roundtable, a supplier diversity think tank where only 17 corporations
qualify nationally. AT&T was also recently named Corporation of the
Year by the National Minority Supplier Development Council for its sustained
supplier diversity leadership and world class programming.