http://www.jnj.com/connect/partners/suppliers?pageNo=1

http://www.wbenc.org/

http://www.wbenc.org/

Johnson & Johnson - Index

Johnson & Johnson - report - Index

Q:
Earlier, you mentioned supplier diversity as a pocket
of excellence. Can you tell us more about it?
MCGRANAGHAN: Supplier diversity is a mature program
that has been widely implemented and already has a long
track record of success. Since the program was founded,
our operating companies have spent over $5 billion with
minority- and women-owned businesses, and hundreds
of millions with veteran-owned businesses. By including
minority businesses in our supply chains, we create jobs and
wealth in minority communities. One great example is a
multi-year contract we have with a minority-owned business
that created several hundred new jobs. Since these were
entry-level positions, it meant that many of the new
employees had access to health insurance for the first time.
By including women-owned businesses in our program,
we reflect the importance of the women who buy and use
our products, and the women physicians who recommend
our products. By including U.S. veteran-owned and service
disabled veteran-owned small businesses, we can give back
to those who have given so much to their country. In 2007,
PROFILES IN COMMITMENT
our supplier diversity program was honored by the Women’s
Business Enterprise National Council as a “Top Corporation
for Women Businesses” and by the Women Presidents’
Educational Organization as “Corporation of the Year.”
One of the supplier diversity challenges we face is maintaining
the diversity balance when economic trends toward
low-cost sourcing, supplier rationalization and outsourcing
tend to increase the use of publicly held companies. We are
addressing this by continuing to strengthen the supplier
development program in place for minority- and womenowned
businesses and small businesses; by increasing internal
education to explain the benefits of supplier diversity to
Johnson & Johnson business partners; and by helping to
identify new strategies, such as encouraging joint ventures
between diverse/small suppliers and publicly held suppliers.
There will always be opportunities for us to do more in
our external supply chain. �
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