Schaeffler honors 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 digitization in the supply chain

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 honor 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 digitization and sustainability in the supply chain occupied center stage at the Schaeffler Supplier Day. Andreas Schick: “Digitization 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 digitization presents to make value creation more agile, efficient, and, ultimately, even more sustainable.”

The strategic importance of digitization 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 honors 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 honor outstanding quality performance. The awards in the “Value” category are presented by Schaeffler to honor strong partnerships, which are particularly important for the company’s competitiveness worldwide.

The recipients of the 2023 Schaeffler Supplier Award:

RPK S. Coop., Spain

FAIST Mekatronic, Romania

POSCO, South Korea

Shandong Golden Empire Precision Machinery Tech., China

Trafilspec ITS S.p.A., Italy

Draxton, Spain

Edmund G. Friedrich & Co. GmbH, Germany

Imperial Logistics International B.V. & Co. KG, Germany

Kentpar Otomotiv Yedek Parça AŞ, Turkey

Delux Bearings Pvt. Ltd., India

hmmh multimediahaus AG, Germany

Ravi Technoforge Pvt. Ltd., India

UMBRAGROUP S.p.A., Italy

NHB BALL & ROLLER LTD, India

Statkraft Markets GmbH, Germany

Hwacheon Machine Tools Co., Ltd, South Korea

Mitsubishi Materials Corporation, Japan

Tyrolit – Schleifmittelwerke Swarovski AG & Co K.G, Austria

Siemens AG Digital Industries, Germany