Visteon Recognizes Outstanding Suppliers For Contributions to Value-Based Supply Chain
June 02 2005 - 5:14PM
PR Newswire (US)
Visteon Recognizes Outstanding Suppliers For Contributions to
Value-Based Supply Chain Freescale Semiconductor named Global
Visteon Important Partner of the Year VAN BUREN TOWNSHIP, Mich.,
June 2 /PRNewswire/ -- Visteon Corporation (NYSE:VC) recognized 18
"Best In Class" suppliers at its annual Visteon Important Partner
(VIP) awards program today at Visteon Village in Van Buren
Township, Mich. Visteon named Freescale Semiconductor as Global
Visteon Important Partner of the Year. (Logo:
http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO ) "We view
our supplier partners as an extension of our business and
continuously work to foster stronger and more collaborative
relationships so we can deliver innovative and high-quality
products to our customers," said Paul Radkoski, Visteon vice
president, North American materials management. "It's a value-based
marketplace and Visteon is focused on creating a value- based
supply chain for our customers and recognizing our outstanding
suppliers." The annual awards program recognized suppliers
exemplifying "Best in Class" performance and going "above and
beyond" to meet Visteon's needs and expectations. Selection
criteria focused on supplier performance in terms of quality,
delivery, value, technical capability and customer service.
Supplier awards were granted for the following areas: metals,
non-metals, electronics, non-production goods and services,
transportation and exemplary minority supplier in North America.
VIP award nominees undergo a thorough review of their performance
and business contributions by a global cross-functional Visteon
team, with inputs from manufacturing, product development, supplier
quality, customer business groups and purchasing. Award recipients
must achieve 100 percent concurrence across all customer functions
and operating regions to confirm that they have demonstrated the
high level of performance that Visteon promotes within its supply
base. From among the VIP award winners, Freescale Semiconductor was
selected as the Global Visteon Important Partner of the Year.
Freescale Semiconductor earned the award based on an assessment of
all the category winners and their levels of achievement in
delivering business results, efficiency throughout the supply
chain, application of lean principles from information flow to
product flow and efforts to help maximize the leveraging of
resources and expertise throughout the supply chain. "Freescale
Semiconductor and all its employees truly performed beyond
expectations; they worked collaboratively and are being recognized
as the best of the best, a true partner in adding value for our
customers," said Radkoski. "Freescale has supported Visteon in many
ways, including the development of alternate resins to support
design and manufacturing-related issues." The following is a
complete list of VIP award winners, shown by the commodity group
for which they supply components or materials to Visteon: In North
America Metals Commodity Group: * Automatic Spring * Bing Metal
Group Non-Metals Commodity Group: * Goodyear, Inc. * Polywheels *
PPG Electronics Commodity Group: * Freescale Semiconductor ADP *
DeAmertek Non-Production Commodity Group: * Equity Industrial *
Redoe Mold Transportation Commodity Group: * Ryder Minority
Supplier: * Enerflex In Europe Metals Commodity Group: * Hydro
Aluminum Non-Metals Commodity Group: * Solvay Electronics Commodity
Group: * Stanley * Freescale Semiconductor Non-Production Commodity
Group: * Sigma * Veolia Environment Transportation Commodity Group:
* Astral Auto Logistics GMBH Visteon Corporation is a leading
full-service supplier that delivers consumer-driven technology
solutions to automotive manufacturers worldwide and through
multiple channels within the global automotive aftermarket. Visteon
has about 70,000 employees and a global delivery system of more
than 200 technical, manufacturing, sales and service facilities
located in 24 countries.
http://www.newscom.com/cgi-bin/prnh/20001201/DEF008LOGO DATASOURCE:
Visteon Corporation CONTACT: Robin Pannecouk, +1-734-710-5575, , or
Jim Fisher, +1-734-710-5557, , both of Visteon Corporation Web
site: http://www.visteon.com/
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