Continental and Schaeffler have staged their fourth joint Premium Supplier Day in Frankfurt.
Both manufacturers have been cooperating in purchasing since 2009 and every two years they select or confirm a number of joint Premium Suppliers. This year’s event was attended by 32 suppliers from nine countries.
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From a total of more than 1,200 suppliers, the two companies selected 110 for evaluation in line with predefined criteria. Along with a suitable product portfolio and high performance in terms of quality, Schaeffler and Continental’s selection criteria included logistics capabilities and global competitiveness.
From among the 32 nominated suppliers which meet the requirements of the automobile industry in full, six new names were added to the Premium Supplier Circle.
Increasing automation of driving functionalities, advancing digitalisation and an extended portfolio of services, raise the bar in terms of quality assurance, risk management, reliability, and networked cross-functional collaboration.
“Digitalisation means our suppliers will soon be facing new challenges in terms of integration into the Schaeffler Production System,” said Schaeffler COO, Oliver Jung.
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By GlobalDataThe six new Continental and Schaeffler Premium Suppliers are:
- Arnold Umformtechnik, Germany
- Dalian Demaishi Micro-Shaft Co. China
- Interplex Holdings Ltd, Singapore
- Shanghai Global Precision Mould & Plastics Co, China
- Wiesauplast Deutschland,Germany
- Knipping Kunststofftechnik King Plastic, Germany
