Schaeffler Honors Seven Suppliers with Supplier Award 2026
7
300+
5
What Happened
At its 2026 Supplier Day in Herzogenaurach, Schaeffler presented seven suppliers with the Supplier Award 2026. The event, themed 'Ready for the next move', focused on strengthening supplier partnerships, resilience, and innovative capacity. Keynote speakers emphasized the importance of robust supply chains, fast development cycles, and sustained innovation potential.
- Indirect Purchasing: Convergix Automation Solutions
- Powertrain & Chassis: Jiangsu Gian Technology Co., Ltd. and HES Präzisionsteile Hermann Erkert GmbH
- Bearings & Industrial Solutions: Trafilspec – L.T.S. S.p.A.
- Vehicle Lifetime Solutions: DP World
- Electric mobility: Murata Manufacturing Co., Ltd. and LTH Castings
“Close partnerships with our suppliers are a key success factor for Schaeffler. In a volatile and increasingly complex environment, resilient supply chains are not an option but a prerequisite to ensure our long-term delivery capacity. We regard supplier relationships as performance-driven partnerships based on clearly defined goals, measurable results, and shared responsibility.”
Why this matters
The awards highlight Schaeffler's commitment to strengthening supplier partnerships and building resilient supply chains amid increasing competitive and cost pressures.
Terms in This Story
- Supplier Day
- An event where a company meets with its suppliers to discuss performance, strategy, and collaboration.
- Resilient supply chain
- A supply chain capable of adapting to disruptions and maintaining operations.
- Strategic sourcing
- A procurement approach that evaluates suppliers based on long-term value, risk, and partnership potential.
- Localization
- Shifting production or sourcing to local markets to reduce dependency on distant suppliers.
Related coverage
- Schaeffler and Sonatus partner to integrate AI algorithms into control units for software-defined vehicles
- Schaeffler and Sonatus bring Edge AI to motion control for software-defined vehicles
- Schaeffler showcases integrated energy management portfolio for electrified vehicles at Automotive Symposium 2026
- Mercedes-Benz and TYTAN Technologies Sign MoU for Drone Defense Vehicles
- Hyundai Motor Group Says Real-World AI Integration Attracts Silicon Valley Engineers