Robert Bosch resumed its "Bosch Supplier Awards," which recognize suppliers that have performed particularly well in terms of quality, pricing, reliability, technology and continuous improvement.
The German automotive supplier presents the awards every other year, but skipped 2009 because of the global financial crisis.
This year, the company also introduced a regional award for suppliers that primarily supply Bosch locations locally from their respective regions. "This is in line with our strategy of further expanding local supplier contacts on all continents, and especially in the emerging markets in Asia, Mexico, and South America that are enjoying strong growth,” said Rudolf Colm, board member in charge of the group's 24 billion euro purchasing budget.
Bosch, the world's largest automotive supplier, said one company has now won the award 12 times, while nine companies have won it at least five times.
The 2011 recipients come from more countries than ever before, with 31 of the 60 award-winning companies headquartered outside Germany and 15 in Asia.
Bosch sources about 14.4 billion euros worth of goods and services from outside Germany.
In the category electronics and electromechanical components, award winners included NXP Semiconductors, Japan's Sharp, Samsung SDI and JVC&Kenwood.