- Held September 12 in Berlin, the event honored Bombardier’s key suppliers and their contributions to Bombardier’s operational excellence
- Event recognized Jilin QIXING Aluminium Industries Ltd, Keller & Kalmbach, and Motherson Rolling Stock (KTP & PKC) with 2019 Diamond Awards
BERLIN, Sept. 13, 2019 (GLOBE NEWSWIRE) --
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Mobility technology leader Bombardier Transportation has held its 2019 Supplier Symposium. The event brought together many of the company’s key suppliers to recognize their contributions to helping Bombardier achieve organizational excellence and remain a leader in the mobility technology industry. The day-long event featured speeches by Bombardier senior leadership and included workshop sessions on topics such as supply chains, innovation, standardization, and working capital optimization.
Jim Vounassis, Chief Operating Officer, Bombardier Transportation, said, “I am very pleased about the constructive exchange with our most important players in the supply chain. We see this as confirmation of our partnership and look forward to future collaboration with them, contributing to business excellence and on-time delivery to our customers.”
A highpoint of the event was a ceremony where Bombardier recognized three of its top suppliers with the Diamond Award. Chinese aluminium manufacturer Jilin QIXING Aluminium Industries Ltd. was awarded for its support in reducing lead times on some of Bombardier’s key projects as well as its adaptability and consistently swift responses to Bombardier requirements. The Germany-based C parts provider Keller & Kalmbach also received the Diamond Award in recognition for their contributions to helping Bombardier reduce inventory and simplify its supply chains. Another Diamond Award winner was Motherson Rolling Stock (KTP & PKC). Formerly known as Kabel Technik Polska, Motherson was commended for committing to significant cost optimizations using their capacities in Poland and their recent acquisition of Bombardier’s rolling stock electrical component and systems business in UK.
Raffaele Muscetta, Chief Procurement Officer, Bombardier Transportation, commented on the award-winning companies, “Under the motto ‘Winning together in the market’, the Diamond Award Supplier Program ensures that the industry's most dedicated and efficient professionals work together to achieve Bombardier's goals and exceed customers' expectations."
Suppliers with Diamond certification build a true long-term relationship with Bombardier and receive immediate and long-term advantages, such as recognition and guaranteed participation in new bids.
“We hope the example set by these suppliers will encourage more companies to strive for excellence and to achieve Diamond certification,” added Muscetta.
Bombardier Transportation processes between $6 and $7 billion US in supplier payments per year and works in close partnership with over 4,500 small, mid-size, large suppliers around the world.
About Bombardier Transportation
Bombardier Transportation is a global mobility solution provider leading the way with the rail industry’s broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services. Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 40,650 people and its products and services operate in over 60 countries.
About Bombardier
With over 68,000 employees, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.
Headquartered in Montreal, Canada, Bombardier has production and engineering sites in 28 countries as well as a broad portfolio of products and services for the business aviation, commercial aviation and rail transportation markets. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2018, Bombardier posted revenues of $16.2 billion US. The company is recognized on the 2019 Global 100 Most Sustainable Corporations in the World Index. News and information are available at bombardier.com or follow us on Twitter @Bombardier.
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