"It is the policy of Cummins Inc. that opportunity shall be given to diverse businesses to participate as suppliers and contractors to Cummins Inc. in their area of expertise. We are committed to fostering business growth through outreach efforts and supplier development."
At Cummins, we have a long legacy of commitment to diversity and recognize diversity as one of our Company’s six core values. Cummins Inc. understands that businesses owned by diverse suppliers help contribute to the overall economic growth and well-being of the communities in which we live and work. We also understand that establishing strategic partnerships with our suppliers helps create value for our customers and provides us with a competitive advantage. Collaborating with such businesses to provide goods and services to our company creates a cross-cultural competency that only comes from multiple perspectives.
Cummins is dedicated to working with diverse suppliers that best deliver excellent products and services to our customers. We also do more than just talk about working with diverse suppliers. Through our Cummins Diversity Procurement Initiative, our goal is to increase purchasing opportunities with U.S. diverse suppliers by developing and engaging new and existing diverse suppliers to achieve $1 billion in diverse spend by 2014. Historically this initiative focused on the U.S. However, Cummins focus on growth mindset allows the Diversity Procurement initiative to expand globally. We believe diversity provides a key competitive advantage. Diversity Procurement helps:
I am proud to lead a company that embraces diversity as a core value. I am committed to supporting the work of our Cummins Diversity Procurement Initiative both to help foster diverse and small business growth and development and to ensure that Cummins provides excellent service and products to our customers every day.
Chairman and Chief Executive Officer