Schaeffler rewards suppliers for outstanding performance

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 FW Schaeffler, family shareholder and chairman of the supervisory board of Schaeffler, and Klaus Rosenfeld, CEO of Schaeffler, 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, 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 digitalisation and sustainability in the supply chain occupied centre stage at the Schaeffler Supplier Day. Schick commented: “Digitalisation 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 digitalisation 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 are:

• RPK S, Spain
• Faist Mekatronic, Romania
• Posco, South Korea
• Shandong Golden Empire Precision Machinery, China
• Trafilspec ITS., Italy
• Draxton, Spain
• Edmund G Friedrich, Germany
• Imperial Logistics International, Germany
• Kentpar Otomotiv Yedek Parça, Turkey
• Delux Bearings, India
• HMMH Multimediahaus, Germany
• Ravi Technoforge, India
• Umbragroup, Italy
• NHB Ball and Roller, India
• Statkraft Markets, Germany
• Hwacheon Machine Tools, South Korea
• Mitsubishi Materials Corporation, Japan
• Tyrolit – Schleifmittelwerke Swarovski, Austria
• Siemens Digital Industries, Germany