Continental and Schaeffler are increasing efforts to collaborate in purchasing through joint suppliers.
The two companies recently held a ‘Premium Supplier Day’ with 41 suppliers from twelve countries. These suppliers supply Continental and Schaeffler locations worldwide.
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Continental and Schaeffler have a total of more than 1,200 strategic suppliers, of which 400 were selected and assessed for ‘premium’ status according to a list of requirements with ten criteria. The 41 suppliers gathered in Würzburg have “managed to fulfill most of these criteria”, Continental said. Twelve of the companies were appointed as premium suppliers and are now included in the Premium Supplier Circle. The status of all 19 existing premium suppliers was also confirmed.
Günter Fella, Senior Vice President Purchasing at Continental Automotive, and Oliver Jung, Member of the Executive Board and Chief Operating Officer at Schaeffler welcomed the participating suppliers.
“The cooperation with the Premium Supplier Circle is the basis for a successful industrialization of these technologies because we can only overcome the challenges of the future with a good supplier structure,” said Günter Fella.
“Continental and Schaeffler have a joint purchasing volume of almost 15 billion euros this year. Our companies operate on the market as independent units but the cooperation in purchasing enables us to use synergies and reduce cost. At the same time, the close collaboration with joint premium suppliers ensures that we have a supplier base, which fulfills our high requirements,” added Oliver Jung. “On the other hand, we are able to offer our premium suppliers disproportional growth potential by concentrating on the Premium Supplier Circle, which we want to expand to 200 suppliers in the long term.”
The twelve premium suppliers newly appointed by Continental and Schaeffler:
- Berger Holding GmbH & Co. KG, Memmingen (Germany)
- DSM Deutschland GmbH, Heerlen (Netherlands)
- Ejot Holding GmbH & Co. KG, Bad Berleburg (Germany)
- Erdrich Umformtechnik GmbH & Co. KG, Renchen-Ulm (Germany)
- Ergotech S.R.L., Settimo Vittone (Italy)
- Gibbs Die Casting Corporation, Henderson (USA)
- Hutchinson GmbH, Mannheim (Germany)
- Perrotton S.A., Bonneville (France)
- Stettler Kunststofftechnik GmbH & Co. KG, Burgwindheim (Germany)
- Suzhou Fine Blanking & Tool Co., Ltd., Suzhou (China)
- Tontec International Ltd., Kowloon (Hong Kong)
- Sinnotech (Suzhou) Co., Ltd., Suzhou (China)
