Schaeffler rewards suppliers for outstanding performance

Latest News 25th May 2023 Hits: 483

Schaeffler honours 19 suppliers with the Schaeffler Supplier Award
Close partnerships with suppliers are key to long-term corporate success
Schaeffler Supplier Day: focus on sustainability and digitisation in the supply chain

Birmingham, UK | May 25, 2023 | The global automotive and industrial supplier Schaeffler presented 19 of its suppliers with the Schaeffler Supplier Award at the Supplier Day in Herzogenaurach, Germany, in honour of their exceptional performance. Georg F.W. Schaeffler, Family Shareholder and Chairman of the Supervisory Board of Schaeffler AG, and Klaus Rosenfeld, CEO of Schaeffler AG, presented the awards in the five categories of Innovation, Sustainability, Cost Efficiency, Quality, and Supply Chain before an audience of more than 450 guests.

Andreas Schick, Chief Operating Officer of Schaeffler AG, said: “A close, trusting relationship with our suppliers is crucial to Schaeffler. Given the enormous challenges we are currently facing in global supply chains, close partnerships are now more important than ever and are key to long-term corporate success.”

The key topics of digitisation and sustainability in the supply chain occupied centre stage at the Schaeffler Supplier Day. Andreas Schick: “Digitisation offers considerable potential for new products and solutions, and Schaeffler is actively driving the company’s transformation forward with digital solutions along the entire supply chain. In conjunction with our suppliers, we will make joint use of the opportunities that digitisation presents to make value creation more agile, efficient, and ultimately, even more sustainable.”

The strategic importance of digitisation to Schaeffler is also reflected in all of the supplier awards in the “Innovation” category. The award was presented to suppliers for digital solutions developed in areas such as Industry 4.0, or for the joint development of online service portals. With awards in the “Sustainability” category, Schaeffler honours suppliers who support the corporate goal of achieving climate neutrality by 2040 by focusing extensively on using raw materials efficiently, recycling production waste, or generating electricity from renewable energies. The Schaeffler Supplier Award in the “Supply Chain” category is presented to top suppliers for excellent delivery reliability and particularly resilient delivery chains, while the awards in the “Quality” category honour outstanding quality performance. The awards in the “Value” category are presented by Schaeffler to honour strong partnerships, which are particularly important for the company’s competitiveness worldwide.

The recipients of the 2023 Schaeffler Supplier Award: