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Philips Bestows Global Supplier Awards
Mar 21, 2006
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Europe's biggest consumer electronics maker, Royal Philips Electronics (Eindhoven, The Netherlands), presented its first ever Partners for Growth Global Supplier Awards. The awards are a key element of its Partners for Growth supplier relationship management program. The awards were presented during Philips' Supply Management Leadership Meeting attended by Philips top 100 supply management staff.

The Best Overall Award went to The Amtek Group, a leading global supplier of metal, plastic and rubber components and products. Philips said Amtek supplies it with metal and plastic components and assemblies with consistently high levels of supply continuity, product quality and customer service.

The Breakthrough Award went to Sanmina-SCI Corporation, a leading global electronics manufacturing services company. Sanmina-SCI supplies Philips with printed circuit board fabrication and assemblies, high-level system assemblies, precision machining, enclosures, and set-top boxes. Philips said that in 2005 Sanmina-SCI successfully transferred manufacturing operations from Philips production centers to Sanmina-SCI facilities.

The Growth Contribution Award went to LG.Philips LCD, which supplies Philips with LCD panels for televisions, monitors and other products. In 2005, Philips said, LG.Philips LCD substantially increased production to satisfy increased demand, which enabled Philips to increase production volume and develop new market segments for products featuring larger LCD screens.

The Partners for Growth program was launched in 2004. The program aims to develop closer, stronger relationships with key suppliers to encourage continued business growth. "Our objective is to create sustainable competitive edge in our businesses by creating a close network with our strategic supply partners," said Barbara Kux, chief procurement officer of Royal Philips Electronics and member of the Group Management Committee.

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