Bharat Forge, Sundaram Fasteners among top suppliers recognised by General Motors

American auto major General Motors recently announced its top global suppliers during its annual Supplier of the Year event held in San Antonio, Texas.

In total, 121 suppliers were recognised at the event, with 105 suppliers receiving a Supplier of the Year award, 14 suppliers receiving an Overdrive award and two suppliers receiving both Supplier of the Year and Overdrive awards. Collectively, the awarded suppliers represented 17 countries. Amongst the recognised suppliers, Bharat Forge and Sundaram Fasteners, Powertrain Components & Assemblies, were the two Indian Tier 1 suppliers to have received the recognition.

Jeff Morrison, VP, Global Purchasing and Supply Chain, General Motors said, “They overcame countless obstacles and exemplified what it means to be resilient, resourceful and determined. Beyond that, these suppliers demonstrated their commitment to sustainable innovation and to driving advanced solutions in collaboration with the GM team.”

Arathi Krishna, MD, Sundram Fasteners said This prestigious recognition is a source of inspiration and encouragement for us to continue pushing boundaries. We express our deepest gratitude to General Motors for this honor and remain steadfast in our commitment to driving excellence in all that we do.”

Each year, the Supplier of the Year and Overdrive award recipients are selected by a global, cross-functional GM team for their performance in business and cultural criteria, including quality, launch, supply chain, total enterprise cost, innovation and engineering, communication and transparency, and safety.

The Supplier of the Year award recognises global suppliers that exceed GM’s requirements, in turn providing GM customers with innovative technologies and among the highest quality in the automotive industry.

The Overdrive award was first presented in 2012 and is a distinction reserved for suppliers who display outstanding achievement across the Global Purchasing and Supply Chain organisation’s key priorities. These include sustainability, innovation, relationships, total enterprise cost, launch excellence and safety.

The honourees for 2022 include 6 certified diverse suppliers recognised as a Supplier of the Year. It is interesting to note that GM was the first automotive OEM to establish a supplier diversity program in 1968. Over the past five years, GM has spent more than $18 billion (Rs 148,446 crore) and contributed to many community initiatives in collaboration with diverse suppliers.