Michelin rewards five suppliers for their outstanding contribution to the Group’s success
At the 4th edition of its Supplier Awards, Michelin has recognized five of its best suppliers with awards for 2018.
In the field of Raw Materials Purchasing
BEKAERT: Founded in 1880, the Belgium-based company is a global market leader in the field of steel wire transformation and coating technologies.
SOLVAY: Also based in Belgium, and created in 1863, Solvay is a world leader in the chemicals industry.
In the field of Industrial Purchasing
HIMILE : Established in 1995, this Chinese company has become an international player in three major areas, namely tyre mould machines, high-end mechanical parts, and equipment for the oil and gas industries.
VMI: This Dutch company was born in 1945 and supplies tyre production and rubber cutting machinery.
In the field of Services Purchasing
Human Technologies Inc (HTI) : Founded in May 1999, HTI is based in South Carolina and has emerged as one of the biggest recruitment and human resources companies in the southeast of the USA.
The 2018 Suppliers Awards ceremony took place on the evening of Thursday, October 25, at the “Aventure Michelin” in Clermont-Ferrand, France. The awards were presented to representatives of the winning companies by Jean-Dominique Senard, CEO and Managing General Partner of the Michelin Group, and four members of the Group Executive Committee.
Given that purchasing costs represent more than 60 percent of the Group’s revenue, the high quality of the relationships Michelin enjoys with its suppliers is seen as a key contributing factor to its success.
The Michelin Supplier Awards are the result of a robust evaluation process which places the emphasis on excellence in four domains: the quality of the products or services provided, the added value they create for Michelin, innovation, and corporate social responsibility (CSR).