From its 35,000-odd suppliers worldwide, Bosch singled out 46 suppliers from 11 countries recognising outstanding performance. ROHM Semiconductor is a third-time winner of the Bosch Global Supplier Award.
19 Jul 2023 | 6763 Views | By Autocar Professional Bureau
Bosch has rated ROHM Semiconductor amongst its best global suppliers, honouring it with a Bosch Global Supplier Award for 2023. ROHM received the award in the ‘Sustainability’ category.
From its 35,000-odd suppliers, Bosch singled out 46 suppliers from 11 countries for an award. This is the 18th time that the ...
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Bosch has rated ROHM Semiconductor amongst its best global suppliers, honouring it with a Bosch Global Supplier Award for 2023. ROHM received the award in the ‘Sustainability’ category.
From its 35,000-odd suppliers, Bosch singled out 46 suppliers from 11 countries for an award. This is the 18th time that the Bosch Group has rewarded outstanding performance by its suppliers in the manufacture and supply of raw materials, products, or services – notably as concerns quality, costs, sustainability, and innovation.
“A functioning economy needs robust supply chains. To ensure this, we and our suppliers deliver top performance on a daily basis – from the innovation phase to production to aftermarket deliveries,” said Dr. Arne Flemming, Head of Supply Chain management at Bosch.
“We feel honoured to have received a Bosch Global Supplier award for the third time. It reflects ROHM’s strong, reliable and long-term partnership with Bosch,” stated Wolfram Harnack, President at ROHM Semiconductor Europe.
Bosch Global Supplier Award
Every two years, Bosch honours the pick of its suppliers from around the world with the Bosch Global Supplier Award. The supplier of technology and services rewards outstanding performance in the manufacture and supply of raw materials, products, and services.
Based on a range of criteria, award-winners are selected in the categories ‘Purchasing of indirect materials and services’, and ‘Raw materials and components’. Bosch has been presenting these awards to honour supplier excellence since 1987, and they are highly regarded in the industry. In the special ‘Sustainability’ category, an interdisciplinary jury evaluates suppliers’ achievements with respect to sustainability. The finalists in this category have a rating of at least A- in the prestigious Carbon Disclosure Project (CDP) and are exemplary in their commitment to climate neutrality.
“Sustainable supply chains strengthen global prosperity and benefit society. We especially honor our suppliers’ commitment to climate action with an award in the special ‘Sustainability’ category,” explained Dr. Arne Flemming.
“ROHM has set up ‘The ROHM Group Environmental Vision 2050’ to make a strong commitment – in order to shape the environment into a sustainable society for future generations. To realize this, we have set three important themes: climate change, resource recycling, and coexistence with nature,” added Wolfram Harnack.
Supplier partnerships at Bosch
For Bosch, suppliers are also partners in development and innovation who help the company stay competitive and meet sustainability targets. Bosch cultivates long-term relationships with its suppliers so that both parties can pursue and achieve these aims together.
Partners who are willing to collaborate closely with the company can be involved at an early stage in strategies and development projects and gain useful insights into future requirements. The partnerships between suppliers and Bosch also strengthen global supply chain resilience. At the same time, they form an important basis for a functioning economy.
Bosch, which works with suppliers in around 60 countries, obtains materials and services from roughly 35,000 suppliers worldwide. The acquisition of components – mostly in the form of semi-finished products and finished parts – accounts for most of the resources used in the supply chain. In addition, Bosch buys raw materials, resale goods, software, services, and operating equipment. In 2022, the Bosch Group’s purchasing volume amounted to around 50 billion euros (Rs 439,400 crore).