16 April 2008 | Paul Snell
Entertainment company Warner Bros. is to boost the amount it spends with minority suppliers.
Speaking at the Procurecon Indirect event in Amsterdam yesterday, Sébastien Slek, director of strategic sourcing & procurement operations, said the company had set a target of increasing spend with diverse suppliers by 5 per cent annually.
He said that in 2006, the company spent $48.5 million (£24.5 million) with minority vendors. In 2007 this figure grew to $58.8 million (£29.7 million).
"There is lots of supplier development through our local deals," said Slek. "We want to incorporate more new suppliers. It's the same RFP and tender processes, the same chances."
He also revealed that in 2008 the firm would begin work with French group PAS@PAS, which promotes minority-owned, handicapped and disabled businesses, to further increase diversity.
Slek also said he is keen to use the power of the entire Warner Bros. group to combine its purchasing spend in the future.