Our suppliers and distributors are our strategic partners. We help them in a mutually beneficial way. We work extensively with them on diverse topics such as training for technology support, green product development, improving localisation, lean manufacturing, and creating sustainable supply chains
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Social and relationship capital
Manufacturing Capital
We, at Schaeffler India, are committed to empowering our local suppliers in India to go global, leveraging their unique strengths to gain a competitive advantage in a global market space. We recognise that India is home to a wealth of talented and skilled suppliers and we support them in their growth journey by providing them with the resources to succeed on a global scale. By doing so, we are not only helping our suppliers to grow but also creating a more diverse and resilient global supply chain.
We accelerated our efforts to decarbonise our supply chain and move towards sustainable sourcing. We are helping our partners develop self-assessment questionnaires so that they rate themselves and identify areas of improvement.
During the year, we announced an ambitious target of having a carbon-neutral supply chain by CY40. To enable the change, we are engaging with our suppliers and explaining our sustainability targets to them.
of suppliers assessed for Sustainability SAQs (Self-assessment questionaire)
We see our distributors as ambassadors for our brand and value the insights they provide about customer needs. We hold regular training sessions for both new and existing products. This empowers them with a comprehensive understanding of our products and keeps them up to date with the latest advancements.
Engagement and support via trainings and workshops to distributors
| Type of certification | QMS certification (Number of suppliers) |
|---|---|
| VDA 6.3A | 1 |
| IATF 16949 | 276 |
| ISO 9001 | 98 |
| AS (Aerospace certification) | 6 |
| Type of certification | Environmental certification (Number of suppliers) |
|---|---|
| EMAS | 4 |
| ISO 14001 | 223 |
| Type of certification | Employment certification (Number of suppliers) |
|---|---|
| ISO 45001 | 93 |
In a VUCA environment, it is crucial to have an agile and lean business. Therefore, we prioritised the digitalisation of our supply chain this year. We deployed a transport shipment visibility tool that enables us to access all supply chain management information through a single interface. We also achieved 100% digital verification of freight bills.
Owing to our digitalisation efforts and initiatives undertaken our logistics quality improved significantly in CY22 compared to CY21.
Alok Dave
Vice President (Purchasing)
