Ardent Partners is pleased to launch a new series today on CPO Rising, “Supplier News,” wherein we feature a few key suppliers that have been recognized over the past few weeks for their outstanding efforts in supporting their clients. If you are a sourcing, procurement, or spend management solution provider and you have some supplier news to share with us, please drop us a note at editor at cporising dot com. Thanks, and enjoy!
Schatz Bearing Corporation Receives Boeing Gold Supplier Award
Last week, the Boeing Corporation, the Missouri-based aerospace and defense (A&D) giant, awarded one of its suppliers, the Schatz Bearing Corporation with its Gold Supplier Award for 2017. Schatz is a New York-based ball bearings manufacturing company and has been recognized by Boeing in the previous few years with supplier awards. To receive the Gold Supplier Award, Schatz had to achieve a 100% average on-time delivery rate and a 100% quality rating on delivered products, with zero defects recorded. The company has been in business for nearly a century and has continued to do business with clients in the A&D industry, like Boeing, because of its small size and agile operating and manufacturing model. Congrats, Schatz!
Bayer Australia-New Zealand Wins 2017 Sigma Supplier of the Year Award
Also last week, Sigma Healthcare, the UK-based healthcare provider, announced that it has awarded Bayer Australia-New Zealand with its prestigious 2017 Supplier of the Year Award. Awardees are recognized for their commitment to growing “business activity, services, and customer engagement.” According to Bayer and Sigma company officials, Bayer has been more than a supplier to Sigma, it has been a partner in identifying new ways to add value across the organization. Bayer Australia-New Zealand also won Sigma’s Medicinal Supplier of the Year Award. Over 250 suppliers were nominated for awards at this year’s gala awards show, with Bayer Australia-New Zealand among just 11 suppliers to win awards.
University of Manchester Recognizes Sustainable Suppliers with Inaugural Award Ceremony
Earlier this month, the University of Manchester in the UK produced its inaugural awards ceremony as part of its effort to recognize its most sustainable suppliers and promote more sustainable and socially responsible business practices. The University reports an annual spend of £ 465 million and has thousands of suppliers ranging from small to mid-size to large, multi-national corporations. Of those, eight were nominated, and three received awards: Thomas Kneale & Co Ltd, a textiles supplier, won for Outstanding Demonstration of Impact by a Local SME; Matthew Algie & Company Ltd, a coffee roaster, won for Outstanding Demonstration of Social Impact; and Carl Zeiss Ltd, an optical systems manufacturer, won for Outstanding Demonstration of Environmental Impact. Congrats to all!
Raytheon Awards Sanmina with 2017 Supplier Excellence Premier Award
Lastly, Massachusetts-based defense contractor, Raytheon awarded one of its suppliers, Sanmina, with its 2017 Supplier Excellence Premier Award. Sanmina is a California-based manufacturer of electronic, optical, and mechanical products and supplies A&D companies, like Raytheon. Sanmina’s Costa Mesa design, manufacturing, and technology center, one of 20 in the US, was recognized for its contributions to Raytheon and the high quality and reliability with which the A&D company has come to rely on. Sanmina received this award specifically for its “excellence in technology, quality, and delivery” of printed circuit boards to Raytheon, which then integrates them onto mission-critical platforms, sensors, and weapons systems, like the venerable Patriot and Sidewinder missiles.
Post Script: Buyers and suppliers will both be interested in hearing the Voice of the CPO Webinar: Highlights from Ardent Partners’ CPO Rising 2017 Event, tomorrow, November 21 at 2 PM ET. We had some pretty high-level suppliers in attendance, and it’s a testament to the tight relationship that Best-in-Class procurement teams have (and need to have) with their supplier base in order to rise to the next level of performance. So if you missed the event, tune in tomorrow and get the highlights. Register here.