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Press release BoxID: 710840 (Schaeffler AG)
  • Schaeffler AG
  • Industriestraße 1-3
  • 91074 Herzogenaurach
  • http://www.schaeffler-group.com
  • Contact person
  • Jasmin Löffler
  • +49 (9132) 82-85594

Schaeffler honors its best suppliers

Schaeffler Supplier Day 2014

(PresseBox) (Herzogenaurach, ) Schaeffler expects excellent quality, reliability, competitive cost structures, service, innovation and global presence from its suppliers. The company's 14 best suppliers were presented with the Schaeffler Supplier Award for their performance in 2013 during a special ceremony.

Schaeffler has 73 manufacturing locations that receive production material from around 1,300 suppliers all over the globe. 80 suppliers from 22 countries who have been carrying out excellent work during the last few years were invited to Herzogenaurach by Schaeffler AG. The 14 best suppliers were chosen in a preliminary selection process. Oliver Jung, Chief Operating Officer, Michael Hartig, Executive Vice President Corporate Purchasing Schaeffler, and Andreas Knoll, Senior Vice President Corporate Purchasing Direct Material, thanked the companies for their excellent work and presented the awards to:

- AKS Amatsuji Steel Ball MFG. CO., Ltd., Japan
- American MSC, Inc., USA
- BASF SE, Germany
- CALVI S.p.A., Italy
- Dongkuk Industries Co., Ltd., Korea
- Erdrich Umformtechnik GmbH, Germany
- Kamax Automotive GmbH, Germany
- KLS Ljubno d.o.o., Slovenia
- KOBE STEEL, Ltd., Japan & SHINSHO CORPORATION, Japan
- Quzhou JW Machinery Co., Ltd., China
- Reinhold Mendritzki Kaltwalzwerk GmbH & Co. KG, Germany
- Salzgitter Mannesmann Stahlservice GmbH, Germany
- Zhangjiagang Hongyang Metalwork Manufacturing Co., Ltd., China
- Zhejiang Continents Xinchun Group Co.,Ltd., China

In his presentation, Mr. Jung discussed the expectations and opportunities for collaboration with suppliers. "Our strategic suppliers play an important role in the Schaeffler production system and support Schaeffler in achieving its high targets in terms of quality, costs and delivery reliability. With this aim, Schaeffler and its best suppliers will dovetail more closely in future in order to reduce inventories and throughput times along the entire supply chain.

Strategic supplier status also offers suppliers the opportunity of becoming a Premium Supplier of Continental AG and Schaeffler AG."

Michael Hartig emphasized in his speech: "You are here today because we can depend on your long-standing partnership. Our aim is to collaborate with the best suppliers. We are achieving success together thanks to your delivery reliability, compliance with quality standards, your competitive cost structures and the optimization of the supply chain." This requires technical knowledge, specialization and qualifications in all areas from the suppli-ers.

Schaeffler will have purchased production material, and steel in particular, components, and modules at a value of around €4.5 billion in 2014. This corresponds to approximately 65 percent of the total purchasing volume (without investment).

The Schaeffler Supplier Awards for production materials are presented every two years - alternately with the "Premium Supplier Awards" as part of the purchasing cooperation with Continental AG.

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Schaeffler AG

Schaeffler with its product brands INA, LuK and FAG is a leading global provider of rolling bearing and plain bearing solutions and of linear and direct drive technology, as well as a renowned supplier to the automotive industry of high-precision products and systems for engines, transmissions and chassis. The group of companies with operations around the world generated revenue of approximately 11.2 billion Euros in 2013. With more than 80,000 employees worldwide, Schaeffler is one of the largest German and European technology companies in family ownership. With approximately 170 locations in 49 countries, Schaeffler has a worldwide network of manufacturing locations, research and development facilities, sales companies, engineering offices, and training centers.