ElringKlinger honors Samsung as Supplier of the Year 2019
ElringKlinger AG has named Samsung C&T Deutschland GmbH its Supplier of the Year 2019 within the area of raw materials. The supplier, based in Schwalbach/Taunus, received the award in conjunction with its Chinese sister company Samsung Precision Stainless Steel (Pinghu) Co., Ltd. The award ceremony took place at ElringKlinger's headquarters in Dettingen/Erms.
ElringKlinger was first supplied with stainless steel by Samsung in 2002. At ElringKlinger, stainless steel is used primarily in the production of cylinder-head and specialty gaskets. Over the years, the business relationship between the two companies has steadily intensified. Samsung now supplies ten sites of the ElringKlinger Group worldwide with raw materials from its production plants in Romania and China.
ElringKlinger works with a total of over 2,000 suppliers. In order to ensure a systematic evaluation of its suppliers, the Group defined various criteria and weighted them appropriately in a scoring model. "Outstanding characteristics with regard to quality, adherence to deadlines, technology and service are among the most important requirements we place on our suppliers. And, of course, price always plays a role," says Bernd Weckenmann, Vice President Purchasing at ElringKlinger AG.
The performance of the overall winner was convincing: as a combined achievement of Samsung C&T Deutschland GmbH and Samsung Precision Stainless Steel (Pinghu) Co., Ltd., a supplier rating of 98% was achieved. "Samsung has achieved an excellent result, which should also serve as motivation for the future. Our express thanks go to all the employees who were involved in making this rating possible," added Weckenmann at the award ceremony.
"The award for Supplier of the Year is a real highlight that confirms our work," said Frank Geile, General Sales Manager of Samsung C&T Deutschland GmbH. "At the same time, it also represents an obligation for the future. ElringKlinger is one of our top key customers, with whom we intend to achieve a great deal in the coming years," Geile continues.